VN’s export surplus reaches US$6.8 billion in 11 months

Friday, Nov 30, 2018 17:03

Garments and textiles are key products seeing continuous growth in export in January-November period. — Photo

Viet Nam’s export surplus reached an estimated US$6.8 billion in January-November, according to a report from the General Statistics Office (GSO).

The report showed that export turnover reached $223.63 billion, marking an increase of 14.4 per cent year on year, while import value hit $216.82 billion, up 12.4 per cent.

GSO experts said the value of key export commodities had continued to grow from the same period last year, such as telephones and devices, garments and textiles, machines and parts, in addition to agricultural products, seafood and coffee.

The US remained Viet Nam’s largest exporter with export value of $43.7 billion, up 15 per cent, followed by the EU and China with $38.2 billion and $38.1 billion, respectively.

In terms of imports, China was the largest import market for Viet Nam with turnover of $59.7 billion, marking a 13 per cent year-on-year increase. It was following by South Korea, ASEAN and Japan. — VNS

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