Tuesday, November 5, 2024

Vietnam’s trade surplus exceeds $8 billion

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So far this year, the Indochina nation’s total exports have reached nearly $189 billion, while imports have reached $180.6 billion in US currency, as determined by the Ministry’s Planning and Finance Department itself.

The source said that foreign sales rebounded strongly, as they were able to grow by 13.8 percent compared to the same period last year, highlighting that the increase was mainly driven by manufacturing and manufacturing, whose export revenues exceeded 159 billion dollars.

Agricultural products also showed a positive performance, with their income estimated at about $18.2 billion, an increase of 19 percentage points year-on-year.

Between last January and last June, the main import markets for Vietnamese products, including the United States, China, the European Union and South Korea, showed a good recovery and achieved high growth.

In the case of China, trade with Vietnam reached $77.5 billion, an increase of 25.4 percent compared to the same period in 2023.

Last year, trade transactions between the two countries amounted to about 172 billion US dollars, which represents a decrease of 2.6 percentage points compared to 2022.

jf/mpm

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