Vietnam racks up trade surplus of over US$14 billion in seven-month period
VOV.VN - Vietnam posted a trade surplus of over US$14 billion during the first seven months of the year, according to the latest report released by the General Statistics Office.
The reviewed period witnessed the country’s total import and export turnover reach an estimated US$439.88 billion, up 17.1% against the same period last year. Of the figure, exports and imports increased by 15.7% and 18.5% to US$226.98 billion and US$212.9 billion, respectively.
There were 30 commodities that recorded an export turnover of over US$1 billion each, accounting for 91.9% of the total export revenue. Most notably, nine items obtained an export turnover of more than US$5 billion each, making up 70.8% of the total.
Processed industrial products topped the list of export items, bringing back US$199.94 billion, followed by agro-forestry products US$19.27 billion, and aquatic products with US$5.29 billion.
The United States was Vietnam’s largest export market with an estimated turnover of US$66.1 billion, while China was the largest supplier of products to Vietnam with revenue of US$79.2 billion.
During the seven-month period, the country produced trade surpluses of US$57.5 billion, US$20.1 billion, and US$1.1 billion with the US, the EU, and Japan, respectively.
