Trade surplus reaches US$24.44 billion in first 11 months
VGP - Viet Nam ran a trade surplus of US$24.44 billion as of November 15 this year, according to data released by the General Statistics Office (GSO).
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The country's trade with the rest of the world was estimated at US$587.68 billion in the reviewed period, representing a year-on-year decline of 9 percent.
Specifically, export turnover fell by 6.4 percent on year to US$306.06 billion while import value decreased by 11.7 percent to US$281.62 billion, reported the GSO.
There were 33 products with an export turnover of over US$1 billion each, accounting for 92.9 percent of the Southeast Asian country's total export value. Particularly, seven of them recorded an export turnover of more than US$10 billion each.
Hard currency earners include electronic products, computers and spareparts (nearly US$49 billion), phones and spareparts (US$46 billion), machinery and equipment (more than US$37 billion), garment and textile (nearly US$28 billion), and footwear (over US$17 billion).
Deputy Minister of Industry and Trade Phan Thi Thang said that the ministry mulls over signing new free trade agreements with potential partners in order to diversify markets, products, and supply chains.
The ministry will also support businesses to take advantage of commitments in new-generation trade deals to boost exports; and coordinate with the Ministry of Agriculture and Rural Development to negotiate with the Chinese side to open the market for more Vietnamese fruits and vegetables such as green-skinned grapefruit, fresh coconut, avocado, pineapple, star apple, and lemon./.
