VIETNAM REPORTS US$3-BILLION TRADE SURPLUS IN JAN

Containers are loaded onto a vessel at Tan Cang-Cai Mep Port in Ba Ria-Vung Tau Province – PHOTO: VNA

HCMC – Vietnam recorded a trade surplus of US$3.03 billion last month, showed data from the General Statistics Office (GSO).

The country’s exports totaled US$33.09 billion, up by 4.3% year-on-year, while imports edged down by 2.6% compared to the same period last year to US$30.06 billion.

The total value of imports and exports for the month stood at US$63.15 billion, a 3.5% drop year-on-year.

During this period, seven export categories exceeded US$1 billion in value, accounting for 67.9% of total export revenue. These included electronic products, computers and components, phones and accessories, machinery, equipment, tools, spare parts, and footwear.

On the import side, three categories surpassed US$1 billion in value, including electronics, computers and components, machinery, equipment, tools, spare parts, and fabrics.

The United States remained Vietnam’s largest export market, purchasing around US$9.8 billion worth of goods. Meanwhile, China was the country’s largest supplier, with imports valued at US$11.6 billion.

Source: The Saigon Times