Vietnam’s Trade Surplus Exceeded US$5.1 Billion by Mid-February

DNHN - Vietnam’s total import-export turnover of goods from the beginning of the year to February 14 reached US$82.56 billion, an increase of 17.1% over the same period last year.

The General Department of Customs has just released information on the import and export activities of goods during the Tet holiday, from February 8 to 14, showing the positive participation of more than 1,000 enterprises in international trade. This has contributed to stimulating trade activities since the beginning of the year, when Vietnam’s export turnover reached a surplus of US$5.1 billion.

According to the General Department of Customs, enterprises have made nearly 10,000 import and export declarations at 116 Customs Sub-Departments and equivalents under 32 provincial and municipal Customs Departments nationwide. In just 7 days of the Tet holiday, the total import and export value of goods nationwide reached US$1.41 billion, of which exports accounted for US$0.73 billion and imports reached US$0.68 billion.

This has helped Vietnam’s import and export turnover of goods from the beginning of the year to February 14 reach US$82.56 billion, an increase of 17.1% over the same period last year. Of which, exports increased by 21.6% to nearly US$43.83 billion, while imports increased by 12.4% to US$38.73 billion. From the beginning of the year to mid-February, Vietnam’s trade surplus exceeded US$5.1 billion.

Vietnam’s main export items during the Lunar New Year include phones and components, electronic products and components, machinery and equipment. Meanwhile, the main imported items include computers, electronic products and components, machinery and equipment, tools and spare parts, and various types of gasoline.

In terms of markets, the US is the largest market for Vietnamese exports, followed by China and South Korea. This shows the diversity and global nature of Vietnam’s export activities in the international market.

P.V