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Vietnam still runs trade surplus with Canada

Vietnam still recorded a trade surplus of 455.5 million USD with Canada in the first two months of this year.
Vietnam still runs trade surplus with Canada ảnh 1Illustrative image (Source: VNA)
Ottawa (VNA) – Vietnam still recordeda trade surplus of 455.5 million USD with Canada in the first two months ofthis year.

Two-way trade reached 717.7 million USD, ayear-on-year rise of 117 percent.

Canada’s exports to Vietnam surged unexpectedlyin January – February, according to Trade Counsellor of the Vietnamese Embassyin Canada Hoang Anh Dung.

The country exported 131.1 million USD worth ofgoods to Vietnam in the period, representing a year-on-year rise of 105.4percent.

High growth was seen in such commodities as coal(38.3 million USD, up 52.7 percent), cereals (38 million USD, up 1.1 percent),and flight training equipment and spare parts (6.8 million USD, up 3.7 percent).

Meanwhile, Vietnam exported 586.6 million USDworth of goods to Canada, a yearly increase of 6.6 percent.

Vietnam’s staples include machines, electronicequipment (147.7 million USD), footwear (79.6 million USD), apparel products(63.6 million USD), woven products (61.2 million USD), and timber products(46.6 million USD).

With this outcome, Vietnam maintained itsleading position in ASEAN in terms of export turnover to Canada. - VNA
VNA
#Vietnam-Canada #trade surplus Canada Vietnam
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