Vietnam’s exports to China surge 42.9pc in first half

3 August, 2017 12:00 AM printer

HANOI: Vietnam reaped nearly 13.02 billion U.S. dollars from exporting goods to China in the first half of this year, posting a year-on-year surge of 42.9 percent, and accounting for 13.3 percent of the country's total export revenues, the General Department of Vietnam Customs said on Wednesday.

The 42.9-percent hike was the highest among growths of export revenues from Vietnam's three biggest export markets in the six-month period, namely the United States, China and the European Union, reports Xinhua.

Between January and June, Vietnam earned 2.85 billion dollars from exporting computers, electronic appliances and their components to China, up 101.3 percent on-year, said the general department.

Meanwhile, Vietnam's fruit and vegetable exports to China surged 55.4 percent to 1.25 dollars, its fiber and thread exports increased 29.5 percent to 933.5 million dollars, and its seafood rose 30.5 percent to 501.69 million dollars.

In the six-month period, Vietnamese items which gained the highest growths in export turnovers included paper and paper-based products (up 393.8 percent), steel (171 percent), electric wires and cables (116 percent), rubber (81 percent), glass and glass products (86 percent), said the general department.