Vietnam records nearly US$5.6 billion in trade surplus
Trade surplus of Vietnam this year hit US$5.57 billion as of September 15, according to the General Department of Vietnam Customs.
- Vietnam’s seafood exports to ASEAN expected to reach US$1 billion soon
- Vietnam qualified to export catfish to the US
- Wood exports hoped to reach US$9 billion ahead of schedule
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During the period, the total foreign trade value came to about US$331.57 billion, up 14% year on year.
The country shipped overseas US$168.57 billion worth of goods, while spending US$163 billion on imports. The figures represented annual increases of 16.3 and 11.7% year on year respectively.
Export revenues of the foreign-invested sector reached US$118.81 billion, increasing 16.4% against the same period in 2017 and accounting for 70.5% of the country’s total export value.
Meanwhile their import spendings were at US$97.63 billion or 59.9% of Vietnam’s total imports. The figure was 11.8% higher than that of the same period last year.
