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Vietnam's export turnover to China down in first 10 months

(Xinhua)
Updated: 2009-12-04 14:50

Vietnam's export turnover to China went down 4.9 percent year-on-year to $3.71 billion in the first ten months of this year, according to the information center of Vietnamese Ministry of Industry and Trade on Friday.

Vietnam's export turnover of coal hit approximately $93.3 million in the first ten months, accounting for 19.53 percent, the highest proportion of the Vietnam's total export to China.

It was followed by export of rubber and crude oil with the turnover of $89.25 million and $42.29 million respectively, according to the center.

During this period, Vietnam witnessed a year-on-year decrease in export turnover of precious metals and stone, rubber, coffee, crude oil and garment and textile products.

However, there was a year-on-year increase in Vietnam's export of seafood, plastic products, fruits and vegetables, cashew, tea, wood and wood products and coal to China.

In 2008, the bilateral trade between Vietnam and China reached $20 billion, according to the General Statistics Office of Vietnam.

Of the total, Vietnam raked in $4.6 billion from exports to China and spent $15.4 billion on imports, said the office.