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ASEAN Remains China’s Biggest Trading Partner

11/08/2024 11:48 PM

BEIJING, Aug 11 (Bernama-VNA) -- ASEAN remained China's largest trade partner, with bilateral trade volume reaching CNY3.92 trillion (US$546.6 billion) in the first seven months, up 10.5 per cent from a year ago, according to statistics by the Chinese General Administration of Customs (GAC).

Of the sum, China’s exports to ASEAN stood at CNY2.36 trillion, up 13.7 per cent year-on-year, Vietnam news agency (VNA) reported the agency said.

China has been ASEAN's largest trading partner for 15 consecutive years, while ASEAN has risen to become China's largest trade partner for four years in a row.

Last year, the two-year trade revenue accounted for 15.4 per cent of China’s international trade value, and the number was 15.8 per cent in the seven months.

Among the 10 ASEAN member countries, Vietnam, Malaysia, and Indonesia were China’s top trade partners, with turnover up 24.1 per cent, 13.7 per cent, and 4.1 per cent respectively in the reviewed period, it reported.

-- BERNAMA-VNA


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