
In 2015, Vietnam has surpassed Malaysia as China's largest trading partner in ASEAN, and bilateral trade relations have gradually stabilized. From 2013 to 2018, the trade of agricultural products between China and Vietnam has developed rapidly, the scope of agricultural products involved has been expanded, and the amount of agricultural products has also shown an increasing trend. In 2013, China's total export of agricultural products to Vietnam was about US $2.3 billion, which increased to about US $5.3 billion in 2018. In 2013, the total amount of agricultural products imported from China to Vietnam was about 2 billion US dollars, and it increased to about 3.2 billion US dollars in 2018. Both the export volume and the import volume reflect the close trade relationship between the two sides. In recent years, China is in the position of trade surplus, which is not conducive to the sustained and stable development of agricultural trade between the two countries.
Vietnam is China's sixth largest agricultural export destination and tenth largest agricultural import source country. In recent years, China's main agricultural products exported to Vietnam include rice, garlic, soybean meal, citrus fruits, cotton, apple, boiled bamboo shoots, corn, etc. due to the climate and geographical conditions of Vietnam, the cultivation of some agricultural products is restricted. As a large agricultural trade country, China has a vast territory and a large variety of agricultural products, and the two countries have geographical advantages To meet Vietnam's import demand for some agricultural products.
China's main agricultural products imported from Vietnam are rice, fruits and nuts, fish products, vegetables, coffee, natural rubber, sugar and honey. Due to the large population and large consumption in China, the agricultural products produced by China can not fully meet the market demand. Moreover, the agricultural products market of Vietnam and China are complementary, and the consumer preferences of agricultural products in the two countries are similar. Therefore, Vietnam's agricultural products have a comparative advantage in the Chinese market. According to the data of Vietnam fruit and vegetable association, China is the largest consumer of Vietnamese fruits, accounting for 35% of Vietnam's production, and China is also the largest importer of natural rubber in Vietnam.
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