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Trade surplus nears US$1.3 billion in two months

VGP – Viet Nam enjoyed trade surplus of US$1.29 billion over the last two months of 2021, the General Statistics Office said Sunday.

02/28/2021 03:17

The nation's total trade volume rose 24.5% to US$95.81 billion in the first two months, in which export and import values were estimated at US$48.55 billion and US$47.26 billion, up 23.2% and 25.9% respectively against the same period last year.

During the reviewed period, the export turnover of nine items accounted for 73.8% of the country's total export volume, such as heavy industrial and mineral goods (US$26.6 billion, up 27.8%), light industry and handicraft products (US$17.3 billion, up 18.6%), agricultural and forestry products (US$3.6 billion, up 22.2%) and aquaculture (US$1 billion, up 0.7%).

The U.S. remained the largest export market of Viet Nam in two months with US$14.2 billion, up 38.2%, followed by China US$8.5 billion, up 54.3%, EU US$6.3 billion, up 22.7%, ASEAN US$4.2 billion, up 6.2%, the Republic of Korea US$3.4 billion, up 16.8% and Japan US$3.2 billion, up 3%.

Meanwhile, China was the biggest import market of Viet Nam with US$17.3 billion, up 85.7%. It was followed by the Republic of Korea US$8.4 billion, up 6.7%, ASEAN US$5.6 billion, up 18.5%, Japan US$3.1 billion, down 0.2%, EU US$2.3 billion, up 4.7% and the U.S. US$2.1 billion, down 4.1%.

By Thuy Dung