The report indicated that Vietnam’s total trade turnover with its six largest trading partners reached US$159 billion during the reviewed period, accounting for 78% of the country’s total trade value.
In terms of exports, Vietnam earned US$31.4 billion from the US and US$13.7 billion from the EU. Export revenue from China, ASEAN, the Republic of Korea (RoK), and Japan stood at US$13.2 billion, US$9.2 billion, US$6.8 billion, and US$6.4 billion, respectively.
Exports to the US, the EU, Japan, the RoK, ASEAN, and China all saw positive year-on-year growth, with the US leading the trend.
Regarding imports, Vietnam spent US$78.7 billion importing goods from these six markets, representing 79% of total national imports.
China remained Vietnam’s largest supplier, with import turnover reaching US$38.1 billion, followed by the RoK (US$13.9 billion), ASEAN (US$13 billion), Japan (US$5.8 billion), the US (US$4.1 billion), and the EU (US$3.8 billion).
All six markets saw positive growth in export value to Vietnam. China posted the highest growth rate at 24.7%, followed by the US, ASEAN , the RoK , Japan , and the EU.