Analysis of Vietnam’s export commodity groups to China market

Abstract

The aim of this paper is to analyze the export performance of Vietnam’s major commodities to China market in the period of 10 years from 2009-2019. Additionally, this paper presents achievements and limitations of such major manufacturing and exporting industries. The methods applied includes analysis of the literature and descriptive statistical. China is always one of the most important trading partners of Vietnam. Vietnam’s exports to China has been not only constantly expanding in scale and turnover value but also changing the structure of export goods in a positive direction in recent years: decreasing mineral fuels, forestry and fishery products; extending manufactured and industrial commodories. Although exports have steadily increased over the year, Vietnam still suffered trade deficits in this market. The research results could be taken into consideration by policy makers to drive competition and economic efficiency as well as create an appropriate development policy for exporting.