Four-month trade surplus reaches US$8.4 billion
VOV.VN - The first four months of this year witnessed Vietnam's import-export revenue hit US$ 238.88 billion, with a trade surplus of US$8.4 billion, higher than the figure of US$7.66 billion recorded in the same period from last year, according to the General Statistics Office (GSO).
April alone saw exports stand at an estimated US$30.94 billion, marking an annual rise of 10.6% to bring the total results in the reviewed period to US$123.64 billion, a on-year increase of 15%.
Of the total, the domestic sector contributed US$33.62 billion and the FDI sector US$90.02 billion. Exports of processed products stood at US$108.27 billion, accounting for 87.5% of the total.
The US represents Vietnam's largest export market with a revenue of US$34.1 billion, trailed by China with US$18 billion and the EU with US$16.4 billion.
In April, the country imported US$30.26 billion worth of products, a rise of 19.9% on-year, duly pushing the total import value in the four-month period to US$115.24 billion, up 15.4% over the same period from last year.
Imports of the domestic sector were US$41.86 billion, while that of the foreign-invested sector was US$73.38 billion.
Production materials were the major imports in the four-month period with a value of US$108.33 billion, making up 94% of the total imports.
China remained the nation’s biggest import market with a value of US$41.6 billion, whilst the Republic of Korea came second with US$17.1 billion.
The country also imported US$15.6 billion worth of goods from ASEAN member states in the January to April period, with the April trade surplus hitting US$0.68 billion, the GSO said.
