Business

Trade surplus hits 64 million USD in ten months

The nation's trade surplus climbed to 64 million USD in the first 10 months of the year, according to the General Department of Customs.
The nation's trade surplus climbed to 64 million USD in the first 10months of the year, according to the General Department of Customs.

Total trade topped 187.5 billion USD during the period, anincrease of 12.5 percent over the corresponding period last year.However, exports rose at a faster pace, totalling 93.8 billion USD, anincrease of 19 percent, while imports rose to 93.7 billion USD, anincrease of 6.7 percent.

The trade surplus in October alone was 662 million USD, Customs reported.

Foreign-invested enterprises accounted for 55 percent of the nation'sexport value during the 10-month period, with exports toalling 52billion USD, an increase of 36 percent over the same period last year.

Meanwhile, the import value of foreign-invested enterprisesrose 24 percent to 49 billion USD, accounting for 53 percent of thenation's total imports. /.VNA
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