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Exports up 25.5 pct in seven months

VGP – Viet Nam gained US$185.33 billion from exporting commodities over the last seven months of 2021, a year-on-year increase of 25.5 percent, according to the General Statistics Office.

July 29, 2021 2:37 PM GMT+7

As many as 27 export items joined the US$1 billion export club in seven months, accounting for 90.2 percent of the total export value. 

The U.S. remained the largest buyer of Vietnamese goods with US$53.6 billion, up 37.4 percent, followed by China with US$28.7 billion, up 24.2 percent, the EU with US$22.5 billion, up 15.5 percent, ASEAN with US$16.1 billion, up 25.9 percent, the Republic of Korea with US$12 billion, up 10.3 percent and Japan with US$11.7 billion, up 8.3 percent. 

During the reviewed period, Viet Nam’s import value witnessed an increase of 35.3 percent against the same period last year, reaching US$188.03 billion. 

Viet Nam imported goods mainly from China (US$62.3 billion, up 48.5 percent), the RoK (US$29.7 billion, up 19.9 percent), ASEAN (US$24.7 billion, up 48.2 percent), Japan (US$12.6 billion, up 13.8 percent), the EU (US$9.7 billion, up 19.6 percent) and the U.S. (US$8.9 billion, up 10.4 percent). 

The Southeast Asian country posted a trade deficit of US$2.7 billion over the period./.

By Thuy Dung