2021 Vietnam-China trade value expected to reach $200 billion, driven by strong 1H recovery and China as Vietnam's largest supplier.
Vietnam-China trade value is expected to reach $200 billion this year, driven by a strong recovery in the first half, hitting nearly $95 billion. Vietnam's businesses spent $67 billion on imports from China and earned $27.8 billion from exports, increasing by 35% and 5.3% year-on-year, respectively. China is Vietnam's biggest supplier, accounting for 37.6% of total import value in the last six months.
July 11, 2024
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