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Viet Nam’s export-import revenue nears US$648 bln in 10 months

VGP - Viet Nam's trade with the rest of the world reached US$647.87 billion in the first 10 months of this year, up 15.8 percent over the same period in 2023, according to the General Department of Customs.

Posts Thuy Dung

November 05, 2024 3:35 PM GMT+7

Of the total, export turnover accounted for US$335.59 billion, up 14.9 percent, while import value stood at US$312.28 billion, up 16.8 percent against the same period last year.

In October alone, Viet Nam's total exports and imports were estimated at US$35.59 billion and US$33.6 billion, witnessing respective year-on-year increases of 4.4 percent and 5.8 percent.

The Southeast Asian country enjoyed a trade surplus of US$1.99 billion in October and US$23.31 billion in the January-October period.

Economic experts predicted that trade value is likely to touch the US$800 billion mark by year-end, far exceeding a record of US$732.5 billion seen in 2022, thanks to high demand from major markets such as the U.S., the EU, Japan and South Korea./.