Business

Local sectors enjoy trade surplus

Vietnam enjoyed a trade surplus of over one billion USD with 16 markets in 2013, according to the General Department of Customs.
Vietnam enjoyed a trade surplus of over one billion USD with 16 marketsin 2013, according to the General Department of Customs.

During the year just gone, Vietnam traded over 264 billion USD worth of goods with close to 240 nations and territories.

The total import-export turnover of the 16 above-mentioned marketsaccounted for almost 90 percent and 88 percent of the nation’s exportsand imports respectively.

The United States, Japan and China are three markets Vietnam has recorded a trade surplus of over 10 billion USD.

The US remains the biggest importer of Vietnamese goods, with a trade surplus estimated at 18.64 billion USD.

Vietnam saw trade deficits of over 10 billion USD with China, the Republic of Korea and Japan last year.-VNA
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