According to the the General Statistics Office (GSO), the total export and import turnover of Vietnam in the first seven months reached nearly US$193 billion, of which the import and export value gained US$95 billion and US$96.8 billion respectively making the trade surplus of USD 1.8 billion.
Vietnam recorded trade surplus of USD 1.8 billion in seven months
For single month of July, Vietnam trade surplus reached USD 100 million as export was estimated to record USD 14.7 billion and import value was USD 14.6 billion.
As compared to the same period of the last year, the export value decreased by 0.9% and import value went up by 5.3%. Regarding to market allocation, the U.S., the EU and China were the largest importers of Viet Nam while China, the Republic of Korea, ASEAN and Japan were the biggest exporters to Vietnam.
It is noticeable, the import value of the domestic sectors still remained high but the export value increased by 2.4% in the first seven months reflecting the gradual recovery of the domestic production.
MH