Vietnam produces trade surplus of US$12.4 billion in 2022

VOV.VN - Vietnam enjoyed a trade surplus of US$12.4 billion last year, marking the seventh consecutive year that the country's export turnover stood at a higher rate compared to its import revenue.

According to the latest statistics compiled by the General Department of Vietnam Customs on January 10, 2022 saw import-export turnover reach US$730.2 billion, up 9.1% year on year, with US$506.83 billion coming from the foreign-invested sector, up 9.3%.

Throughout the 12-month-period export revenue brought in US$371.30 billion, up 10.5% year on year, and import revenue rose 7.8% to US$358.9 billion.

A total of 36 commodities raked in more than US$1 billion each in export revenue, accounting for 94% of the total, in which eight products posted over US$10 billion each, making up 70.1%.

Meanwhile, 46 products saw import value rise to over US$1 billion each, whilst six exceeded the US$10 billion mark, making up 93.3% and 52.1% of the total, respectively.

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