Vietnam records US$12.25 billion trade surplus over six months
VOV.VN - Vietnam enjoyed a trade surplus of US$12.25 billion between January and June, 10 times higher than the figure recorded in the same period last year, according to the General Statistics Office (GSO).
Businesses raked in US$164.45 billion from exports, a drop of 12.1% over the same period from last year. Export earnings in June alone rose 4.5% from the previous month to US$29.3 billion, but down 11.4% year on year.
Meanwhile, the six-month import turnover reached US$152.2 billion, a year-on-year decline of 18.2%. in June alone, businesses spent US$26.71 billion on importing goods, up 2.6% month on month but down 16.9% year on year.
Vietnam also posted a trade surplus in June of US$2.59 billion.
The United States retained its position as Vietnam’s largest export market with an estimated turnover of US$44.2 billion in six months, while China made up the country’s largest import market with an estimated turnover of US$50.1 billion.