International Business News – According to statistics from the General Administration of Vietnam Customs, in the first eight months of this year, Vietnam’s trade surplus reached US$3.96 billion (the trade deficit was US$3.52 billion in the same period last year).
In August this year, Vietnam’s export volume reached 33.38 billion US dollars, an increase of 9.1% month-on-month and a year-on-year increase of 22.1%. In the first eight months of this year, the export value of goods reached 250.8 billion US dollars, a year-on-year increase of 17.3%.
In August this year, Vietnam’s imports reached US$30.96 billion, an increase of 1.4% month-on-month and a year-on-year increase of 12.4%. In the first eight months of this year, Vietnam’s imports reached US$246.84 billion, a year-on-year increase of 13.6%.
The United States remained Vietnam’s largest export market in the first eight months of this year, with exports reaching US$77.7 billion. China is Vietnam’s largest import market with an import value of US$82.1 billion.