Vietnam posts trade surplus of 6.35 billion USD in four months
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 a trade surplus of 6.35 billion USD, the General Statistics Office (GSO) reported.
Hanoi (VNA) – Vietnam’s export-import valuein the first four months of this year was estimated at 210.79 billion USD, down13.6% year-on-year, with a trade surplus of 6.35 billion USD, the GeneralStatistics Office (GSO) reported.
In April alone, the import-export turnover stood at 53.57 billion USD, representing decreases of 7.7% from the previous month,and 18.8% from the same period last year.
During the four-month period, Vietnam exported about108.57 billion USD worth of goods, a year-on-year drop of 11.8%, of which thedomestic economic sector contributed 25.58 billion USD, down 11%.
As many as 20 items joined the more than one-billion-USDclub, making up 83.8% of the totalexport turnover.
Among groups of exports, fuels and mineralsgenerated about 1.33 billion USD; processing industry commodities, 96.1 billionUSD; agro-forestry products, 8.56 billion USD; and aquatic products, 2.58billion USD.
Vietnam’s export-import value in the first four months of this year is estimated at 210.79 billion USD, down 13.6% year-on-year. (Photo: VNA)
Meanwhile, the country imported around 102.22billion USD worth of goods from January to April, down 15.4% year-on-year, ofwhich 36.62 billion USD came from the domestic economic sector, a decrease of11.4%.
For import, the more than one-billion-USD clubgathered 19 items that accounted for 75.8% of the combined value.
Vietnam spent 95.64 billion USD on productionmaterials; and 6.58 billion USD on consumer goods in the four months.
The US was Vietnam’s biggest buyer with 28.4billion USD, while China was the country’s largest exporter with 33.3 billionUSD.
Given uncertainties in trading activities, the Ministry ofIndustry and Trade has maintained a close watch on market developments,supported enterprises to optimise free trade agreements and remove obstacles totheir business and production, and worked to diversify markets and exports, andpromote e-commerce./.
Total import-export revenue in the first two months of this year is estimated at 96.06 billion USD, down 13.2% year-on-year, with Vietnam posting a trade surplus of 2.82 billion USD, the General Statistics Office (GSO) has reported.
State budget collection from export-import activities in the first two months stood at 56.33 trillion VND (2.37 billion USD), or 13.3% of the estimate, down 19.4% year-on-year, reported the General Department of Vietnam Customs (Vietnam Customs).
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Illustrative image (Source: VNA) 
Vietnam’s export-import value in the first four months of this year is estimated at 210.79 billion USD, down 13.6% year-on-year. (Photo: VNA) 
