Vietnam Trade Deficit with China Rises 1.8% to US$11.3B in 2009
Vietnam ran a huge trade deficit of US$11.3 billion with China last year, up 1.8% from a year earlier, the General Statistics Office released on January 8.
The country exported US$4.8 billion worth of goods to its neighbor and imported US$16.1 billion, up 4.9% and 2.7% on-year, respectively.
Vietnam’s rising trade deficit in recent years was blamed for its widening trade gap with China.
Vietnam and China are trying to raise bilateral trade to US$25 billion this year from US$20.9 billion in 2009. (GSO)
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