First 8 months: Total import-export turnover up 16.7%
Vietnam’s total trade turnover reached 511.11 billion USD in the first eight months of 2024, marking a 16.7% increase compared to the same period last year.
Vietnam is expected to maintain a trade surplus for the ninth consecutive year in 2024, given its export growth in the remainders of the year equal to that during January-July, according to experts.
Following positive results in import-export activities so far this year, the increasing demand in the last months of the year is predicted to fuel exports, according to experts.
Vietnam’s total export-import turnover hit 368.53 billion USD in the first half of this year, up 15.7% year-on-year. Exports increased by 14.5% and imports by 17%. The trade balance showed a surplus of 11.63 billion USD.
Vietnam’s total export-import turnover hit 178.04 billion USD in the first quarter of this year, up 15.5% year-on-year. Exports increased by 17% and imports by 13.9%.