Vietnam sees trade surplus of around $4 bn during Jan-Aug 2022

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Between January and August this year, Vietnam witnessed a trade surplus of $3.96 billion, according to the general statistics office (GSO), which recently revealed that the country’s import-export turnover is estimated to reach $64.34 billion in August—up by 5.2 per cent month on month (MoM) and 17.3 per cent year on year (YoY). The trade surplus was nearly $4 billion in the eight months.

The import-export turnover during the January-August period was worth $497.64 billion—up by 15.5 per cent YoY, of which exports were worth $250.8 billion (up by 17.3 per cent) and imports worth $246.84 billion (up by 13.6 per cent).

Between January and August this year, Vietnam witnessed a trade surplus of $3.96 billion, the general statistics office said. The country’s import-export turnover is estimated to reach $64.34 billion in August—up by 5.2 per cent month on month and 17.3 per cent year on year, it revealed recently. The trade surplus was nearly $4 billion in the eight months.

During the eight-month period, the United States was Vietnam’s biggest importer, buying $77.7 billion worth goods, while China was the largest exporter, selling goods worth $82.1 billion, a news agency reported.

Vietnam saw a trade surplus of $21.6 billion with the European Union, and a trade deficit of $47.8 billion with China during the period–up by 46.4 per cent and 21.9 per cent YoY respectively.

Fibre2Fashion News Desk (DS)


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