Vietnam's import-export value surpasses 610 billion USD

As of October 15, Vietnam's total import-export turnover has reached 610.56 billion USD, with a trade surplus of over 21.24 billion USD, according to the latest figures from the General Department of Vietnam Customs.

In the first half of October, Vietnam’s foreign trade activities continued to show positive growth, maintaining a high trade volume. The export turnover in the period hit 16.15 billion USD.

There were four export commodity groups with turnover exceeding one billion USD each, including computers, electronic products and components; phones and components; machinery, tools, spare parts; and textiles.

Furthermore, other commodity groups, that brought back hundreds of millions of US dollars each, included footwear, seafood, vegetables, means of transport and spare parts, and iron and steel.

In total, Vietnam recorded 315.9 billion USD in export earnings from beginning of the year to mid-October.

The Ministry of Industry and Trade predicts that, demand from major markets such as the US and the EU, will continue to drive export growth, particularly in sectors like electronics, consumer goods, and textiles, as global retailers increase inventory ahead of major holiday seasons./.