Vietnam records trade surplus of US$710 million in six-month period
Vietnam enjoyed a trade surplus of US$710 million in the first half of the year, according to a report on the country’s socio-economic situation released on June 29 by the General Statistics Office (GSO).
The nation raked in US$96.8 billion from the export of goods in the second quarter of the year, an increase of 21% against the same period from last year, while grossing US$185.94 billion in the first half of the year, up 17.3% on-year.
Most notably, the group of processed industrial products accounted for 88.7% of total export turnover throughout the reviewed period.
Meanwhile, the country imported goods worth US$97.6 billion in the second quarter of the year, up 15.7% compared to the same period from last year and a rise of 11.3% compared to the first quarter of the year.
Moreover, six-month import turnover stood at an estimated US$185.23 billion, up 15.5% against the same period from last year with the group of materials for production activities making up 94%.
The United States remained the nation’s largest export market during the reviewed period with an estimated turnover reaching US$55.9 billion, while China was the country’s largest consumer of Vietnamese goods with an estimated turnover of US$61.3 billion.
The export turnover of services during the first half of the year surged by 81.8% to US$4.3 billion, while the import turnover of services during the reviewed period was estimated at US$12.3 billion, representing a climb of 22.3%.
