Of more than 200 countries and territories that Viet Nam had trade relations with last year, there were 29 countries that the country had export turnover of more than $1 billion. The export value to the 29 countries hit $147.4 billion, accounting for nearly 90.9 per cent of the total export value of Viet Nam, according to the General Department of Customs.
|Dong An Economic Development and Investment Company Limited in Ha Noi produces and exports shoes to EU and US markets. Viet Nam reached exports of $1 billion last year with 29 countries. — VNA/VNS Photo Tran Viet|
The US is the largest importer of Vietnamese goods with total turnover of $33.5 billion, increasing by 16.9 per cent compared to 2014.
This is also the market in which Viet Nam recorded the largest surplus with $25.68 billion.
Key products exported to the US include textiles and garments with nearly $11 billion, a year-on-year increase of 11.7 per cent and accounting for 32.7 per cent of the country's export value to this market.
Exports of footwear ranked second with export value of over $4 billion, up 22.5 per cent; followed by computers, electronic products and components with $2.8 billion, up 33.7 per cent.
Other large export markets of Viet Nam are China and the Republic of Korea (RoK) with turnover of $16.6 billion and $8.9 billion respectively.
Exports to the Americas hit $55.4 billion, a year-on-year increase of 18.6 per cent.
Export value with Europe and Africa reached $46.6 billion and $5.1 billion, growing 9.4 and 9.8 per cent respectively.
Meanwhile, exports to Oceania decreased by 16.2 per cent to $5.79 billion.
In terms of importing, there are 19 markets that Viet Nam imported commodities from of more than $1 billion, with a total value of $150.4 billion, accounting for 90.8 per cent of the total imports of the country.
China continued to be the leading market in supplying goods for Viet Nam with an import value worth $49.5 billion, increasing 13.9 per cent compared to 2014.
Main commodities imported from China are machinery, equipment, tools and spare parts with turnover of $9 billion; telephones and accessories with $6.9 billion; fabrics with $5.2 billion and computers, electronic products and components, earning $5.2 billion.
The second largest exporter to Viet Nam is the RoK with a value totalled $27.6 billion, increasing 27 per cent compared to 2014.
Other large exporters included Japan ($14.4 billion), Taiwan ($11 billion) and Thailand ($8.3 billion). — VNS