During the first seven months of 2019, Vietnam’s trade turnover totaled US$289.26 billion, up 8.2% year-on-year. Exports increased 7.8% or US$10.48 billion to US$145.48 billion and imports rose 8.6% to US$143.78 billion.
Among economic sectors, foreign-invested enterprises recorded the largest trade value of US$182.19 billion in seven months, up 5.4% year-on-year. The sector’s exports rose 5.4% year-on-year to US$99.54 billion, while imports were up 5.5% to reach US$82.65 billion.
This resulted in a trade surplus of US$16.89 billion fetched by the sector during the January – July period.
The country’s main export staples during the last 15 days of July included phones and parts worth US$567 million, up 33% year-on-year; machinery and equipment with revenue of US$200 million, up 30.2%; textile and garment worth US$194 million, up 12.5%; computers and electronic devices worth US$189 million, up 13.3%; footwear worth US$124 million, up 16.5% and fisheries worth US$81 million, up 22.6%.
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- Garment, textile obtain highest trade surplus value in export items
- August trade surplus revised down to EUR 31 mln
- Trade surplus narrows to EUR 293 mln in October
- Trade surplus expected for 2019
- Vietnam’s trade surplus reaches record high of US$7.1 billion in Jan-Sep
- Vietnam Sept trade surplus likely narrows to $500 mln from $3.44 bln in Aug
- Vietnam poses a trade surplus of US$5.9 billion in nine months
- Japan's trade surplus with US shrinks further in October