Home breadcru News breadcru Import/Exports breadcru Vietnam's trade with ASEAN up 13.9% YoY to over $76.3 bn over Jan-Nov

Vietnam's trade with ASEAN up 13.9% YoY to over $76.3 bn over Jan-Nov

31 Dec '24
1 min read
 Vietnam's trade with ASEAN up 13.9% YoY to over $76.3 bn over Jan-Nov
Pic: Adobe Stock

Insights

  • Vietnam's trade with other ASEAN member states rose by 13.9 per cent YoY over the first 11 months this year to over $76.3 billion.
  • The figure is behind those of China, the US and South Korea.
  • Exports and imports were worth $33.8 billion and $42.4 billion respectively during the period.
  • Thailand was the biggest trade partner of Vietnam in the bloc, with trade worth $18 billion during the period.
Vietnam’s trade with other member states of the Association of Southeast Asian nations (ASEAN) reached over $76.3 billion over the first 11 months this year—up by 13.9 per cent year on year (YoY). The figure is behind those of China, the United States and South Korea.

Exports and imports were worth $33.8 billion and $42.4 billion respectively during the period, according to the General Department of Vietnam Customs.

Thailand was the biggest trade partner of Vietnam in the bloc, with trade worth $18 billion during the period, according to a domestic media outlet.

ASEAN nations invested $9.52 billion in the country in the period—up by 51.1 per cent YoY.

Singapore was the top investor, with a total registered capital of $9.13 billion, followed by Thailand with $178.52 million and Malaysia with $159.98 million.

ALCHEMPro News Desk (DS)

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