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Vietnam posts trade surplus of US$9.4 billion in 10 months

Vietnam posted a trade surplus of US$9.4 billion in the first 10 months of 2022, compared to US$630 million in the same period last year, according to the General Statistics Office (GSO).

 

In October, the country's total export and import value were estimated at US$58.27 billion, up 0.1% month on month and 5.7% year on year, the GSO said on October 29.


The 10-month foreign trade stood at about US$616.24 billion, up 14.1% from last year's period.


That included 312.82 billion USD in exports, rising 15.9%, with US$80.36 billion coming from the domestic sector (up 13.4%) and US$232.46 billion from the foreign-invested sector (up 16.8%).


Thirty-two commodities recorded export revenue of over US$1 billion each, accounting for 92.8% of total overseas shipments. Six brought home over US$10 billion each, making up 64.1%.

Meanwhile, Vietnam imported about US$303.42 billion worth of goods, increasing 12.2% year on year, with the domestic sector accounting for US$105.28 billion (up 12.5%) and the foreign-invested sector, US$198.14 billion (up 12%).


Source: CCIPV / Saigon online

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