Trade surplus hits over US$24 billion in first ten months

Trade surplus hits over US$24 billion in first ten months 01/11/2023 09:40:00 273

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Tương phản:Giảm Tăng

Trade surplus hits over US$24 billion in first ten months

01/11/2023 09:40:00

(En.baochinhphu.vn) Viet Nam ran a trade surplus of US$24.61 billion in the first 10 months of this year, according to the General Statistics Office.

Illustration photo

In the reviewed period, export turnover was estimated at US$291.28 billion, down 7.1 percent year-on-year.

There were 33 products with an export turnover of over US$1 billion each, accounting for 92.9 percent of the country's total export turnover.

Exports of the processing and industrial industry was US$257.42 billion, accounting for 88.3 percent of the total export value.

The U.S. was Viet Nam's largest export market with an estimated turnover of US$78.6 billion.

Import turnover of goods was estimated at US$266.67 billion, down 12.3 percent over the same period last year, of which US$95.08 billion was from the domestic economic sectors and  US$171.59 billion by the foreign invested sector.

China was Viet Nam's largest import market with an estimated turnover of US$89.8 billion.

The total import and export turnover of goods stood at nearly US$558 billion in the first ten months, down 9.6 percent over the same period last year.

Kim Loan

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