China / Vietnam

Overview In February 2024, China exported $8.23B and imported $5.74B from Vietnam, resulting in a positive trade balance of $2.5B. Between February 2023 and February 2024 the exports of China have decreased by $-1.82B (-18.1%) from $10B to $8.23B, while imports increased by $453M (8.57%) from $5.28B to $5.74B.

Trade In February 2024, the top exports of China to Vietnam were Integrated Circuits ($706M), Telephones ($658M), Flat panel displays ($416M), Electric Batteries ($247M), and Commodities not elsewhere specified ($231M). In February 2024 the top imports of China from Vietnam were Flat panel displays ($1.92B), Broadcasting Accessories ($692M), Integrated Circuits ($656M), Commodities not elsewhere specified ($452M), and Telephones ($271M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($1.6B), Guangxi Zhuang Autonomous Region ($1.49B), Jiangsu Province ($1.35B), Zhejiang Province ($695M), and Sichuan Province ($537M), while imports destinations were mainly Guangdong Province ($1.22B), Jiangsu Province ($887M), Guangxi Zhuang Autonomous Region ($634M), Shanghai Province ($605M), and Zhejiang Province ($468M).

Growth In February 2024, the decrease in China's year-by-year exports to Vietnam was explained primarily by an decrease in product exports in Integrated Circuits ($-285M or -28.8%), Flat panel displays ($-147M or -26.1%), and Hot-Rolled Iron ($-136M or -62%). In February 2024, the increase in China's year-by-year imports  from Vietnam was explained primarily by an increase in product imports  in Flat panel displays ($651M or 51.2%), Commodities not elsewhere specified ($252M or 126%), and Broadcasting Accessories ($40.7M or 6.24%).