What nation is now Viet Nam’s biggest trading partner?

The EU does certainly maintain its rank as the second largest trading partner following China closely with a trading volume totalling USD 14.23 billion. The EU is Vietnam’s second largest export destination, absorbing 19.32% of Vietnamese exports, only second to the US (21.43%), and the 3rd largest import partner (7.79%) after China and Japan. And while Vietnam maintains a high trade deficit with China (approx.

USD 9.15 billion), the relationship remains highly favourable with the EU, with a Vietnam trade surplus of approx. USD 5.66 billion. In addition, the EU is the second largest investor in terms of implemented capital (nearly USD 5 billion) after Japan.' Trade: http://www.delvnm.ec.europa.eu/news/vn_news/vn_news42.html The US at (21.43%) leads the list.

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