Vietnam trade gap shrinks US$2 billion
(VOV) - In the 10 months leading up to November, the value of Vietnam’s imports jumped 11.7% on-year to US$127.83 billion, while exports increased 13.8% on-year to US$130.02 billion.
The difference between imports and exports (the trade gap) has shrunk by US$2.19 billion for the 10 month period on the back of record high exports.
In the first half of November, some products declined in export value including telephones and telephone accessories, garments and textiles, machinery, tools and seafood. Imports of machinery, tools, spare parts and mobile phones also were lower for the two-week period.