Bilateral relationship between Vietnam and Malaysia has been established for 40 years in 2013.It was also memorized as the year of outstanding trade relationship of these two countries.
According to the preliminary statistics disseminated recently by Vietnam Customs, total of Vietnam’s merchandise trade with Malaysia in 2013 reached USD 9.03 billion, up by 14.1% as compared to one year ago. In which, outbound trade was USD 4.9 billion, 9.5% higher than the performance of 2012 and inbound trade was USD 4.1 billion, rose by 20.3% in comparison to the USD 3.4 billion of 2012.
Trade balance of Vietnam in bilateral trade with Malaysia reached USD 821.6 million of surplus in 2013, went down by 24% (equivalent to USD 266.7 million in absolute terms) as compared to 2012, showed by recent Vietnam Customs Statistics. It is also recorded that since 2012 Vietnam has been in trade gap for the second time after being in trade deficit in years.
In recent years, Malaysia was one of the most important trade partners of Vietnam in Asia. It was proved by the first place among all the biggest exporters of Vietnam in ASEAN and the third place among all the importers.
|Computer, electrical products and parts thereof||91||855||1,182|
|Telephone, mobile phone and parts thereof||159||384||655|
|Iron an steel||149||157||198|
|Glass and glassware||37||79||101|
|Machine, equipment, tools and instrument||77||78||95|