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You are here: Home / Vietnam trade surplus surges to US$2.09 billion in January

Vietnam trade surplus surges to US$2.09 billion in January

Phones and parts posted the largest export turnover among export items during January with US$6.1 billion, up US$3.4 billion against the same period of last year. Vietnam recorded a trade surplus of US$2.09 billion in the first month of 2021, which remained a stark contrast from a deficit of US$300 million in the same period last year, according to the General Department of Vietnam Customs (GDVC). Production for exports at Garment 10 Company. Photo: Pham Hung. In January, the country's trade turnover stood at US$55 billion, representing an increase of 48.2% year-on-year, in which exports rose by 55.1% to US$28.55 billion and imports by 41.3% to US$7.74 billion. According to the GDVC, foreign-invested sector posted a trade surplus of US$3.98 billion during the period, coming on the back of a 70% surge in exports year-on-year to US$21.57 billion, or over 75% of the country's total export turnover. Phones and parts posted the largest export turnover among export items during January with US$6.1 billion, up US$3.4 billion against the same period of last year. In addition, electronic products, computers and components earned an estimated US$3.89 billion, up 46.2% year-on-year; garments (US$2.66 billion); equipment and parts (US$3.26 billion). The US, China, EU,… Read full this story

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Vietnam trade surplus surges to US$2.09 billion in January have 283 words, post on hanoitimes.vn at February 24, 2021. This is cached page on VietMaz. If you want remove this page, please contact us.

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