Viet Nam's trade surplus with Australia hits $718m

Friday, Mar 20, 2015 08:00

Viet Nam's export value to Australia was $445 million, while its import value was $273 million. — Photo stox

HA NOI (Biz Hub) — The export and import turnover between Viet Nam and Australia reached US$718 million in the first two months of 2015.

Of these, Viet Nam's export value to Australia was $445 million, while its import value was $273 million.

However, last year's figures were higher with export value of $491 million and import value of $296 million.

The decrease was attributed to the decrease in exported crude oil prices in the beginning of this year. Crude oil export volume increased in the first two months, while export value decreased by nearly 50 per cent.— VNS

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