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China-Vietnam Trade Working Group

China and Vietnam are close neighbours in East Asia and important trading partners. According to the data disclosed by the National Bureau of Statistics of China (NBS), the total trade between China and Vietnam amounted to USD 192 billion, accounting for more than 4% of Beijing’s international trade in the year and making Vietnam the most important partner in South-east Asia. Besides the amount, it is interesting to note the significant increase compared to 2019 for Chinese exports to Vietnam (+16.3%) and Chinese imports from Vietnam (+22.4%). The figures disclosed by NBS in September 2021 confirmed the importance of Vietnam as a trading partner of China, with a total volume of trade equal to USD 168 billion in the first nine-month period of 2021 (+28.9% compared to the same period of 2020). Chinese exports to Vietnam increased by 31.3% to USD 102 billion, and Vietnam exports to China