Electronic products, vegetables and fruit accelerated to export to China

Tan Thanh border gate in Lang Son - the main export areas of vegetables and fruits to China. Photo: T.Bình

According to the General Department of Customs information on export activities in key countries and territories, by the end of February, the total exports value of the whole country in exporting computers, electronic products and components to China reached $US 825.5 million. This is the largest export group in this market, accounting for nearly 22% of the total export turnover to China.

The above result shows a strong growth over the same period in 2016, when it reached 3-digit growth. Specifically, compared to the same period last year, this group grew by 145%, equivalent to an increase of more than $US 488 million.

Chart of percentage (%) of the 3 largest export commodities to China and other commodities, by the end of February 2017. Collected by T.Bình

Currently, China is also one of the largest export markets for computers, electronic products and components, accounting for nearly 25% of the country's total export value.

The second largest export product to China was vegetables and fruits valued at $US 310 million, or 31% growth over the same period in 2016. This export growth also increases higher than the general growth of this group (by the end of February, exports of vegetables and fruits nationwide increased by 27.3%).

Notably, the Chinese market accounts for 73.6% of the country's total export value. Meanwhile, cameras and components with a growth rate is more than 97%, worth $US 305.6 million. It’s the third largest export group to China.

In general, China is the second largest export market of Vietnam after the United States, with a total value of $US 3,767 billion.

The above result is rise by 55.3% over the same period of 2016, equivalent to an increase of more than $US 1.34 billion and accounted for 13.7% of the total export turnover of the country at the same time.