China Is Still Vietnam'S Largest Trading Partner, $2 Billion 900 Million For Footwear Exports To The European Union.

< p > report shows that China has continued to become the largest trading partner of "a href=" //www.sjfzxm.com/news/index_p.asp "Vietnam" /a ". The total import and export volume of the two countries has reached 50 billion 21 million US dollars, an increase of 22% compared with 2012, but the trade imbalance between the two countries has not changed. Vietnam's imports of Chinese products have reached 23 billion 690 million US dollars, resulting in a large trade deficit.

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According to Vietnamese news reports, China's P is still Vietnam's largest trading partner.

The top five trading partners are China, ASEAN, the United States, Japan and South Korea.

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< p > China continues to be Vietnam's largest trading partner. The total imports and exports of the two countries' a href= "//www.sjfzxm.com/news/index_s.asp" > trade < /a > amounted to 50 billion 21 million US dollars, an increase of 22% compared with 2012, but the trade imbalance between the two countries has not changed. Vietnam's imports of Chinese products have reached 23 billion 690 million US dollars, resulting in a large trade deficit.

In 2013, China's foreign direct investment in Vietnam increased by 38.7% to 20 billion 590 million US dollars, and the economic and trade ties between the two countries were closer.

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The EU is still the most important export market in Vietnam, with exports reaching US $24 billion 30 million, accounting for 19.8% of Vietnam's total exports.

The structure of Vietnam's exports to Europe has also changed. The export of mobile phones and mobile accessories has reached 8 billion US dollars, an increase of 43.9%. The export of a target= "_blank" href= "//www.sjfzxm.com/" > shoes < /a > exports was 2 billion 900 million US dollars, an increase of 11.8%; < a target= "_blank" href= "//www.sjfzxm.com/" > textile > exports > 2 billion 700 million US dollars, an increase of 11.1%.

Imported products are mainly machinery and equipment.

In addition, Vietnam's trade with the United States, Japan and other countries also continued to grow, and exports to the United States increased by 21.4%.

But at the same time, Vietnam's trade with other ASEAN countries slowed down. In 2013, although trade with ASEAN countries increased, the growth rate was much lower than that of the previous year.

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