Vietnam: Report on export and import of aquaculture and agriculture to China

Published 2020년 12월 10일

Tridge summary

China's economy is on the road to recovery from the COVID-19 crisis, with exports growing at their fastest pace in 19 months in October. The country's trade surplus for the month was 58.44 billion USD, and imports increased by 4.7%. The service sector also saw a continuation of growth in October. However, concerns about the pandemic in Europe and the US could impact the global outlook. Meanwhile, Vietnam's exports to China, including vegetables, wood, cassava, seafood, rice, and rubber, have been increasing.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Institute of Policy and Strategy for Rural Development Market OVERVIEW The world's second largest economy continued to recover after being hit hard by the COVID-19 crisis earlier this year. China's exports grew at the fastest pace in 19 months in October, up 11.4% from a year earlier, higher than the 9.9% increase in September, bringing the trade surplus in. October to 58.44 billion USD, higher than the surplus of 37 billion USD in September. Imports increased by 4.7% YoY in October, slower than September's growth of 13.2%. , marking the second consecutive month of growth. Solid trade activity could provide an impetus for a broader economic recovery for China, which has grown well after suffering a deep slump earlier this year. China's economy grew 4.9% in the third quarter from a year earlier, but growth could slow to just over 2% this year - the weakest point in more than three decades but still much stronger. compared with other major economies. The recovery in China's ...

Source: AgroInfo.vn