Viet Nam gains trade surplus of $250m with Canada

Wednesday, Feb 27, 2019 14:22

Seafood is one of Viet Nam’s key export products to Canada. — Photo

Viet Nam gained a trade surplus of more than US$250 million with Canada in January.

According to the General Department of Customs, in the first month of this year, trade value between Viet Nam and Canada reached $379 million, of which export value hit $317 million and import value of $62.6 million. These figures rose 33.8 per cent and 6.9 per cent against the same period last year.

Viet Nam mainly exported to Canada industrial goods such as textiles, footwear, vehicles and spare parts. Textiles and garments accounted for $69 million, followed by footwear with $32.9 million.

Other export goods included seafood, timber and wooden products, coffee, cashew nuts and iron products.

Most export goods from Viet Nam to Canada increased in the first month, reported

Last year, Viet Nam’s export value to Canada reached $3.85 billion, up 9.3 per cent year on year, of which Viet Nam’s trade surplus reached $2.1 billion. — VNS

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