The strategic location of Vietnam, which supports its closer proximity to China and the country’s increasing efforts to provide valuable deals to foreign trade destination estates, has made Vietnam a crucial player in China’s export market. The reliable and easy access to China’s ports and the cost-effective trade efficiency has been fostering the annual valuation of the country’s trade rate. The agreements signed between the two trade firms for transpacific trade partnerships have been increasing Vietnam’s dependency on Chinese goods for its domestic acquisitions.
Due to the increasing production capability of the industrial sectors of China and the growing trade efficiency between the two trade destinations estates have recorded Vietnam imports from China worth 100 billion us dollars in 2024. The cost-effective management of the regional shipments and the advantage of lower labor costs are facilitating the annual trade revenue supporting the overall GDP value.
The growing political stability of the nations and the increasing efforts towards diversification of export trends has introduced different variations of China’s export services to Vietnam. According to the China Export Data, the top 10 exports of China to Vietnam in 2024 are,
• Electrical Machinery and Equipment – The valuation of Electrical machinery and equipment exported from China to Vietnam in 2024 – 52 billion US dollars.
• Textiles – The valuation of Textiles exported from China to Vietnam in 2024 – 23 billion US dollars.
• Iron and Steel – The valuation of Iron and steel exported from China to Vietnam in 2024 –16 billion US dollars.
• Plastics – The valuation of Plastics exported from China to Vietnam in 2024 – 15 billion US dollars.
• Vehicles – The valuation of Vehicles exported from China to Vietnam in 2024 – billion US dollars.
• Optical Instruments & Medical Equipment – The valuation of Optical instruments & medical equipment exported from China to Vietnam in 2024 – 8 billion US dollars.
• Organic Chemicals – The valuation of Organic chemicals exported from China to Vietnam in 2024 – 6 billion US dollars.
• Copper and Articles – The valuation of Copper and articles exported from China to Vietnam in 2024 – 5 billion US dollars.
• Furniture & Bedding – The valuation of Furniture & bedding exported from China to Vietnam in 2024 – 4 billion US dollars.
• Machinery & Mechanical Appliances – The valuation of Machinery & mechanical appliances exported from China to Vietnam in 2024 – 2 billion US dollars.
According to the China Trade Data, the top 10 leading companies that facilitate the overall production rate of the nation in 2024 are,
• Foxconn Technology Group – The valuation of the goods exported from Foxconn Technology Group in 2024 – 48 billion US dollars.
TOP PRODUCTIONS OF FOXCONN TECHNOLOGY GROUP IN 2024
1. Smartphones and Mobile Devices
2. Consumer Electronics
3. Computers and Laptops
4. Networking and Communication Equipment
5. Components and Semiconductors
• Huawei Technologies Co., Ltd – The valuation of the goods exported from Huawei Technologies Co., Ltd in 2024 –32 billion US dollars.
TOP PRODUCTIONS OF HUAWEI TECHNOLOGIES CO., LTD IN 2024
1. Smartphones and Consumer Electronics
2. Telecommunications Equipment
3. Enterprise Solutions
4. Networking Equipment
5. Semiconductors and Chipsets
• BYD Company Limited – The valuation of the goods exported from BYD Company Limited in 2024 – 22 billion US dollars.
TOP PRODUCTIONS OF BYD COMPANY LIMITED IN 2024
1. Electric Vehicles (EVs)
2. Batteries and Energy Storage Solutions
3. Renewable Energy Solutions
4. Rail Transit Systems
5. Electronics and Components Manufacturing
• ZTE Corporation – The valuation of the goods exported from ZTE Corporation in 2024 – 9 billion US dollars.
TOP PRODUCTIONS OF ZTE CORPORATION IN 2024
1. Telecommunications Equipment
2. Smartphones and Consumer Devices
3. Enterprise and Cloud Solutions
4. Networking Equipment
5. Smart Solutions
• Sinotruk (Hong Kong) Limited – The valuation of the goods exported from Sinotruk (Hong Kong) Limited in 2024 – 7 billion US dollars.
TOP PRODUCTIONS OF SINOTRUK (HONG KONG) LIMITED IN 2024
1. Heavy-Duty Trucks
2. Medium-duty and Light-Duty Trucks
3. Special-Purpose Vehicles
4. Buses and Coaches
5. Truck Components and Parts
• Tsingtao Brewery Co., Ltd – The valuation of the goods exported from Tsingtao Brewery Co., Ltd in 2024 –6 billion US dollars.
TOP PRODUCTIONS OF TSINGTAO BREWERY CO., LTD IN 2024
1. Tsingtao Beer
2. Tsingtao Pure Draft
3. Tsingtao Stout and Specialty Beers
4. Tsingtao IPA and Craft Beer Variants
5. Non-Alcoholic Beverages and Malt Drinks
• Changan Automobile Company Limited – The valuation of the goods exported from Changan Automobile Company Limited in 2024 – 5 billion US dollars.
TOP PRODUCTIONS OF CHANGAN AUTOMOBILE COMPANY LIMITED IN 2024
1. Passenger Vehicles
2. New Energy Vehicles
3. Commercial Vehicles
4. Joint Venture Vehicles
5. Automotive Components and Smart Technology
• SAIC Motor Corporation Limited – The valuation of the goods exported from SAIC Motor Corporation Limited in 2024 – 4 billion US dollars.
TOP PRODUCTIONS OF SAIC MOTOR CORPORATION LIMITED IN 2024
1. Passenger Vehicles
2. Electric Vehicles (EVs) and New Energy Vehicles (NEVs)
3. Joint Venture Vehicles
4. Commercial Vehicles
5. Automotive Components and Smart Technologies
• Great Wall Motors Company Limited – The valuation of the goods exported from Great Wall Motors Company Limited in 2024 – 3 billion US dollars.
TOP PRODUCTIONS OF GREAT WALL MOTORS COMPANY LIMITED IN 2024
1. SUVs
2. Pickup Trucks
3. New Energy Vehicles
4. Luxury and Off-Road Vehicles
5. Automotive Components and Smart Technologies
• China National Petroleum Corporation (CNPC) – The valuation of the goods exported from China National Petroleum Corporation (CNPC) in 2024 – 1 billion US dollars.
TOP PRODUCTIONS OF CHINA NATIONAL PETROLEUM CORPORATION (CNPC) IN 2024
1. Crude Oil Exploration and Production
2. Natural Gas Exploration and Production
3. Refined Petroleum Products
4. Petrochemicals and Chemical Products
5. Oilfield Services and Engineering
Que. What is the valuation of China’s Imports to Vietnam in 2024?
Ans. The valuation of China’s imports to Vietnam in 2024 is 100 billion US dollars.
Que. Name the top exporting company in China in 2024.
Ans. Foxconn Technology Group is the top exporting company in China in 2024.
Que. What is the top China’s export to Vietnam in 2024?
Ans. Electrical machinery and equipment are the top Chinese exports to Vietnam in 2024.
Que. Where can you get a detailed trade analysis of China’s exports to Vietnam in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of China’s exports to Vietnam in 2024.