POST Online Media Lite Edition



 

Vietnam's export to China decreased 21 percent

Staff writer |
China ranked the third among Vietnam 's export destinations in January after the United States and Japan, with a total value of $1.01 billion, said General Department of Vietnam Customs.

Article continues below






Vietnam's export revenue to China saw a decrease of 21.02 percent over the previous month and 13.91 percent year-on-year, said the department.

Computer and electronics topped the list of Vietnam's major exported items to China with turnover of $136.72 million, accounting for 13.5 percent of Vietnam's total export turnover to the market during the period.

Cassava and its products sat the second place with $96.26 million, accounting for 9.5 percent of the country's total export revenue to China in the first month of 2014.

Remarkable declines were witnessed in Vietnam's farm, fishery exports in January to China including rubber, rice, cashew nuts, tea, and coffee among others, according to Vietnam Customs.


What to read next

Vietnam earns $5 billion from wood exports
Vietnam's export under pressure
Vietnam spends $10.7 billion on Chinese imports in Q1