Vietnam posts trade surplus of US$3.6 billion in January
The US remained Vietnam’s largest export market, with a revenue of $7.6 billion, while China was the top supplier of imported products at $8.1 billion.
The US remained Vietnam’s largest export market, with a revenue of $7.6 billion, while China was the top supplier of imported products at $8.1 billion.
The country recorded a trade surplus for the seventh consecutive year of almost US$11 billion.
This showed a big leap in Vietnam’s trade performance over the past two decades, starting at a modest $30 billion in turnover in 2001.
The country has posted a trade surplus of nearly $11 billion.
By 2030, it is expected that Vietnamese goods would be available at both traditional and online distribution networks in all countries having free trade agreements (FTAs) with Vietnam.
The utilization of a diversified network of free trade agreements continues to support Vietnam’s trading performance despite the unfavorable global economic environment.
Vietnam currently stands 12th globally and third in ASEAN in electronics exports.
A diversified network of free trade agreements (FTAs) that Vietnam is a part of serves as a significant boost for the country's exports.
The US remained Vietnam’s largest export market with a turnover of $77.7 billion, and China was the country’s largest import market with $82.1 billion.
Vietnam is expected to earn a trade surplus of around US$1 billion in 2022, reaching the Government’s target for this year.