Vietnam has posted a trade surplus of 9.8 billion USD in the first five months of the year, with export revenue standing at over 136 billion USD and import revenue at more than 126 billion USD, according to the General Statistics Office.
Vietnam’s export-import value in the first four months of this year was estimated at 210.79 billion USD, down 13.6% year-on-year, with trade in surplus by 6.35 billion USD, the General Statistics Office has reported.
Vietnam’s import-export turnover reached 46.56 billion USD in the first month of 2023, down 25% year on year. However, the country still enjoyed a trade surplus of 3.6 billion USD in the month.
The Republic of Korea (RoK) posted a trade surplus of over 34 billion USD with Vietnam in 2022, and with the figure, Vietnam has become the largest trade partner of the RoK for the first time.
The Republic of Korea (RoK) posted a trade surplus of 34.26 billion USD with Vietnam in 2022, according to the country's Ministry of Trade, Industry and Energy (MOTIE).
Vietnam enjoyed a trade surplus of nearly 11 billion USD in the first 11 months of 2022, of which the agricultural sector contributed significantly with 7.82 billion USD.
Vietnam's export revenue in 2022 is expected to reach an estimated 368 billion USD, a year-on-year rise of 9.46%, according to a report by the Ministry of Industry and Trade (MoIT).
Total export-import turnover in July reached 60.36 billion USD, up 6.1% year-on-year but down 6.8% month-on-month, according to the General Statistics Office of Vietnam (GSO).
In the first half of 2022, exports to the EU continued to post growth as Vietnam enjoyed a trade surplus of 15.5 billion USD, up 39% against the same period last year.
Vietnam enjoyed a trade surplus of 710 million USD in the first half of 2022, with export-import revenue hitting 371.17 billion USD, up 16.4% against the same period last year.
There were signs of recovery in the area of socio-economic development in Vietnam for the first half of 2022. Exports sustained two-digit growth helping Vietnam continue to enjoy a trade surplus in the first six months of the year.
Vietnam enjoyed a trade surplus of 4 billion USD in 2021, marking the 6th consecutive year in a row the country's export turnover is higher than its import revenue, General Director of the General Statistics Office (GSO) Nguyen Thi Huong said on December 29.
The Times of India, on January 4, published an article explaining why Vietnam’s upcoming 13th party congress plays an important role in determining East Asia’s future trends.
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