Vietnam posts US$764 million in trade surplus in seven months. (Photo: VNA)
The country’s export-import turnover in Jan. – July reached an estimated $431.94 billion, up 14.8 percent year-on-year, the office said.
According to GSO, the country earned $216.35 billion from exports, while spending $215.59 billion on buying goods from abroad, representing year-on-year increases of 16.1 percent and 13.6 percent, respectively.
In the period, there were 30 export commodities recording over-$1-billion turnovers, accounting for 91.9 percent of the total export value.
The US remained the biggest importer of Vietnamese commodities in the last seven months, with an estimated value of $67.1 billion.
Meanwhile, Vietnam imported the most from China with an estimated value of $72.6 billion.
Notably, Vietnam posted a trade surplus of $18.7 billion with the EU in January-July, 41.5 percent higher than that of the same period last year, but a trade deficit of over $42.2 billion with China, $23.5 billion with the Republic of Korea and $7.9 billion with ASEAN.
According to GSO, the country earned $216.35 billion from exports, while spending $215.59 billion on buying goods from abroad, representing year-on-year increases of 16.1 percent and 13.6 percent, respectively.
In the period, there were 30 export commodities recording over-$1-billion turnovers, accounting for 91.9 percent of the total export value.
The US remained the biggest importer of Vietnamese commodities in the last seven months, with an estimated value of $67.1 billion.
Meanwhile, Vietnam imported the most from China with an estimated value of $72.6 billion.
Notably, Vietnam posted a trade surplus of $18.7 billion with the EU in January-July, 41.5 percent higher than that of the same period last year, but a trade deficit of over $42.2 billion with China, $23.5 billion with the Republic of Korea and $7.9 billion with ASEAN.
