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Jul 25, 2014 / 21:24

Trading with Asia-Pacific considerably rises

Trade between Viet Nam and the Asia-Pacific reached US$86 billion in the first half, up 10.7% against the same period last year and accounting for 61.8% of the total.

According to the Asia-Pacific Market Department under the Ministry of Industry and Trade (MoIT), Viet Nam earned US$32.26 billion from exporting to the Asia Pacific, a year-on-year increase of 12% and making up 46% of the year’s plan.

Viet Nam’s exports to Northeast Asia, Southeast Asia and Chinese-speaking market witnessed increases of 9.8%, 3% and 20.8%, reaching US$10.2 billion, US$9.4 billion and US$10.6 billion, respectively.

Exports to the Pacific Ocean, including Australia and New Zealand, saw a surge of 21.3% to US$1.98 billion.

Viet Nam’s imports from the Asia-Pacific are estimated at US$53.8 billion in the reviewed period, up 10.1% and accounting for 78.31% of the total.

The figure included US$25.4 billion worth of goods from Chinese-speaking market, up 16%; US$16.1 billion from Northeast Asia, up 4.5%, US$11 billion from Southeast Asia, up 4.3% and  US$1.2 billion from the Pacific Ocean, up 28.9%.