The Import And Export Of Vietnam In August (2019)

The total foreign trade volume of Vietnam ($2019) from 1 to July was 289 billion 261 million US dollars, up 8.7% over the same period (2018). The former 5 largest trading partners were in mainland China, the United States, South Korea, Japan and China, and Vietnam's exports to the United States increased by 27.7%.

In January July, Vietnam's total foreign trade volume was 45 billion 784 million US dollars, up 11.3% from the same period last year, of which exports amounted to US $22 billion 949 million and imports of US $22 billion 835 million, with a surplus of US $114 million.

The total volume of trade between Vietnam and China from 1 to July was 10 billion 737 million 900 thousand US dollars, up 16.4% from the same period last year, of which $8 billion 511 million 800 thousand was self import, up 13.5% from last year, and exported to US $2 billion 226 million 100 thousand, up 28.8% over last year. The cumulative trade deficit with China amounted to US $6 billion 285 million 700 thousand, up 8.9% from last year.

From 1 to July this year, China is Vietnam's fifth largest trading partner and third largest trade deficit country (behind mainland China and South Korea). China is Vietnam's thirteenth largest export market (next to the United States, China, Japan, South Korea, Germany, Holland, Hongkong, the United Kingdom, Thailand, Philippines, Malaysia and France), the fourth largest source of imports (after Mainland China, South Korea and Japan).

Vietnam's total trade volume with China in July this year was 1 billion 725 million 900 thousand US dollars, representing an increase of 23% over the same period last year, of which Vietnam exported US $371 million 300 thousand, an increase of 32.4% over the same period last year and a self import of US $1 billion 354 million 600 thousand, up 20.6% from the same period last year, with a deficit of US $983 million 300 thousand, up 16.7% over the same period last year.