Vietnam-Asia trade reaches $475.3 bn in 2022; 9.6% rise YoY

The country witnessed a trade deficit only with Asia among the five continents.

Major trade partners of Vietnam in Asia include China, the Republic of Korea, Japan, and the Association of Southeast Asian Nations (ASEAN).

Vietnam's total import-export value of goods reached $730.2 billion last year, up by 9.1 per cent compared to 2021, according to a report in a Vietnamese newspaper.

The value of imports and exports between Vietnam and Americas, Europe, Oceania, and Africa was $153.73 billion (up by 10.5 per cent YoY), $75.45 billion (up by 2.8 per cent YoY), $17.62 billion (up by 24.3 per cent YoY) and $8.1 billion (down by 3.9 per cent YoY) respectively.

ALCHEMPro News Desk (DS)