China remained Vietnam’s biggest trade partner in the first month of 2017, followed by the Republic of Korea (RoK) and the US, according to the General Department of Customs.
Hanoi (VNA)🤪 – China remainedVietnam’s biggest trade partner in the first month of 2017, followed by theRepublic of Korea (RoK) and the US, according to the General Department of Customs.
Accordingly, Vietnam’s exports to Chinaincreased by 34.4 percent while its imports from the country rose by 0.4percent. Vietnam’s exports to and imports from the RoKsoared by 29.4 percent and 30 percent, respectively. The country’s exports tothe US upped 0.3 percent while imports climbed by 14.6 percent. Statistics released by the department showedthat Vietnam’s export turnover reached 14.34 billion USD in January 2017. Mobile phones and components were still leadingexport products, accounting for 16.2 percent of the total earnings. They were followedby textiles and garments with 15 percent and computers, electronics andcomponents with 10.5 percent. In the reviewed period, the US was thebiggest importer of Vietnamese textiles and garment products, spending 1.08billion USD, a rise of 5.8 percent year-on-year. Vietnam’s computers, electronics andcomponents were mainly shipped to China, raking in 365 million USD, up 1.12percent. Footwear exports reached about 1.17 billionUSD, with the US being the biggest importer, spending 379 million USD.-VNA
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Illustrative image (Source: VNA) 
