Vietnam posts trade surplus of 6.35 billion USD in four months

08/05/2023 04:40 - 22 Views

Vietnam’s export-import value in the first four months of this year was estimated at 210 billion USD, down 13.6% year-on-year, with a trade surplus of 6.35 billion USD.

According to the General Statistics Office (GSO), in April alone, the import-export turnover stood at over 53.5 billion USD.

As many as 20 items joined the more than one-billion-USD club, making up nearly 84% of the total export turnover.

Among groups of exports, fuels and minerals generated about 1.33 billion USD; processing industry commodities, 96 billion USD; agro-forestry products, 8.56 billion USD; and aquatic products, nearly 2.6 billion USD.

The US was Vietnam’s biggest buyer with 28.4 billion USD, while China was the country’s largest exporter with 33.3 billion USD.

Given uncertainties in trading activities, the Ministry of Industry and Trade has maintained a close watch on market developments.

It has also supported enterprises to optimize free trade agreements and remove obstacles to their business and production, and worked to diversify markets and exports, and promote e-commerce./.

Source: Vietnam Plus