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Trade between ASEAN, China’s Shanghai remains strong despite pandemic

Trade between the Association of Southeast Asian Nations (ASEAN) and China’s Shanghai remained strong this year despite being affected by the COVID-19 pandemic, according to Xinhua news agency, which quoted data from Shanghai Customs.
Trade between ASEAN, China’s Shanghai remains strong despite pandemic ảnh 1Trade between the Association of Southeast Asian Nations (ASEAN) and China’s Shanghai remained strong this year. (Photo: Xinhua/VNA)

Hanoi (VNA) – Trade between the Association of Southeast AsianNations (ASEAN) and China’s Shanghai remained strong this year despite beingaffected by the COVID-19 pandemic, according to Xinhua news agency, whichquoted data from Shanghai Customs.

Shanghai imported more than 339.3 billion CNY (51.9 billion USD) worth ofproducts from ASEAN in the first 11 months of this year, a year-on-year surgeof 6.1 percent.

Meanwhile, the city earned 433.37 billion CNY from exports to ASEAN, down 4.1percent year on year, partly due to the impact of the pandemic.

Integrated circuits werethe largest category of commodities Shanghai imported from ASEAN in the 11-monthperiod, which registered a total import value of 85.64 billion CNY. The amountrepresented a 20.5-percent growth over the same period last year and accountedfor 25.2 percent of the total import value from ASEAN during the period.

Vietnam was Shanghai's largesttrade partner in the ASEAN region from January to November, accounting for 27.4percent of Shanghai's total trade with ASEAN./.
VNA
#trade#ASEAN#Shanghai#COVID-19 pandemic#integrated circuits#Vietnam#largest trade partner#Vietnam News Agency#Vietnamplus
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