In the first two months of 2025, Vietnam-China trade continued to flourish and reached 31.2 billion USD.
According to the General Statistics Office - Ministry of Finance, in the first two months of 2025, Vietnam - China trade continued to grow. China is Vietnam's largest import market.
Specifically, in the first two months of 2025, export turnover to China reached 7.9 billion USD, down 2.1% over the same period. Import turnover from this market reached 23.3 billion USD, up 20.7% over the same period.
Sharing at the trade promotion conference with the Vietnamese trade office system abroad in February 2025, Mr. Nong Duc Lai, Vietnam Trade Counselor in China, said that China is Vietnam's leading important trade partner, second largest export market and largest source of goods, especially production materials.
 |
| Exports to China decreased slightly in the first two months of the year as this market increased control over the quality of goods (Illustration photo) |
However, since the beginning of the year, China has tightened imports of a number of products from Vietnam, including durian. According to the Ministry of Agriculture and Environment, the export value of fruits and vegetables in February 2025 is estimated at 350 million USD, bringing the total export value of fruits and vegetables in the first two months of 2025 to 724 million USD, while the same period last year reached 970 million USD.
Compared to the same period last year, the export value of fruits and vegetables to the Chinese market decreased by 43%.
Fruit and vegetable exports to China have dropped sharply, mainly because since the beginning of this year, the country has tightened inspections of chemical residues in imported fruits from all countries, including durian - Vietnam's main export item.
Accordingly, all durian shipments exported to China must have results of cadmium residue and yellow O analysis, performed at laboratories recognized by this country.
As a result, durian exports to China had to be temporarily suspended to adapt to the new regulations. In the first 40 days of this year, about 3,500 tons of durian were exported to China, down 80% compared to the same period last year. This is one of the reasons why exports to China decreased in the first two months of the year. Authorities are urgently looking for solutions to increase exports to this market.
To promote trade between Vietnamese localities and China, in the near future, the People's Committee of Lao Cai province will coordinate with the Vietnam Federation of Commerce and Industry (VCCI) to organize a series of events "Meeting 2025: Lao Cai - Center for connecting economic trade between Vietnam and ASEAN countries with the Southwest region - China".
The event series takes place over 2 days, from March 14-15, 2025 at Muong Thanh Hotel, Lao Cai city, Lao Cai province.
About 140 foreign delegates, including representatives of embassies (ambassadors, commercial counselors) of countries with strategic and important partnerships with Vietnam; countries from the EU, Asia, ASEAN; international organizations, promotion organizations; representatives of Chinese localities bordering Lao Cai province; business associations and foreign enterprises in Vietnam and neighboring regions of the Southwest region - China...
The program "Meeting 2025: Lao Cai - Center for connecting economic trade between Vietnam and ASEAN countries with the Southwest region - China" focuses on promoting and introducing the image, investment and business environment, investment attraction projects in Lao Cai and signing a number of cooperation memorandums between the parties on investment commitments in Lao Cai province; organizing the exhibition of typical industrial and rural industrial products, tourism... This is one of the activities to promote trade between Lao Cai in particular and other localities in general with China in the coming time.
| In 2024, the import-export turnover between the two countries reached 205.2 billion USD, marking a record level in two-way trade. Compared to 2023, it increased by 33.3 billion USD. With this result, China has become the first trade partner with which our country has established a scale of over 200 billion USD. |
Source: https://congthuong.vn/thuong-mai-viet-nam-trung-quoc-vuot-31-ty-usd-377413.html
Comment (0)