Trade surplus hits $8.4 billion in four months: GSO
April exports were estimated at $30.94 billion, up 10.6 per cent over the same period last year, pushing the total results in the first four months of this year to $123.64 billion, a year-on-year rise of 15 per cent.
Of the total, the domestic sector contributed $33.62 billion, and the FDI sector $90.02 billion.
Exports of processed products were estimated at $108.27 billion, accounting for 87.5 per cent of the total.
Import-export activities at Hải Phòng Port. VNA/VNS Photo |
The US is the largest export market of Việt Nam with a revenue of $34.1 billion, followed by China with $18 billion and the EU with $16.4 billion.
In April, Việt Nam imported $30.26 billion worth of products, a rise of 19.9 per cent year on year, pushing the total import value in the January-April period to $115.24 billion, up 15.4 per cent over the same period last year.
Imports of the domestic sector were $41.86 billion, while that of the foreign-invested sector was $73.38 billion.
Production materials were the major imports in the four-month period with a value of $108.33 billion, accounting for 94 per cent of the total imports.
China remained the biggest import market of Việt Nam with a value of $41.6 billion, and the Republic of Korea came second with $17.1 billion. Việt Nam also imported $15.6 billion worth of goods from ASEAN countries in the period, the GSO reported, adding that the April trade surplus hit $0.68 billion.
See also
VN seafood exports up 6% in first four months
07:00 | 20/05/2024 Major exports
Việt Nam spends nearly $1b importing cars in the first four months of 2024
06:00 | 18/05/2024 Foreign trade
Aquatic product exports enjoy 6% growth in four months
07:00 | 16/05/2024 Major exports
Vietnamese products to the EU could face suspension due to safety violations
06:00 | 13/05/2024 Foreign trade
Việt Nam coffee exports to Singapore scant, room to grow enormous
08:00 | 12/05/2024 Major exports
US initiates first sunset review of laminated woven sacks imported from Việt Nam
06:00 | 12/05/2024 Foreign trade
See more news
Vietnam's durian exports to China boom in Q1
06:00 | 11/05/2024 Major exports
Timber and wood product exports grow
09:06 | 08/05/2024 Major exports
Firms get updates on EU regulations on imported agricultural products, foods
06:10 | 08/05/2024 Foreign trade
Food safety key for exports to Northern Europe
06:00 | 08/05/2024 Foreign trade
Vietnam leads in export rice prices globally
14:16 | 06/05/2024 Major exports
Vietnam targets 2 billion USD in cassava export by 2030
06:00 | 06/05/2024 Major exports
Vietnamese pomelo to be exported to Australia
08:52 | 04/05/2024 Major exports
Vietnam ranks fifth among aquatic product suppliers for Singapore
06:00 | 28/04/2024 Foreign trade
Positive outlook for 2024 exports
06:00 | 26/04/2024 Foreign trade
Việt Nam earns $1.43b from rice exports in Q1
09:26 | 19/04/2024 Major exports
New resolution facilitates entrepreneurship development
14:57 | 21/05/2024 Policy
Ninh Binh looks to promote trade cooperation with France's Paris Ile-de-France region
14:06 | 21/05/2024 Vietnam and EU
Vietnam eyes to boost science, technology cooperation with Brazil
11:29 | 21/05/2024 Science - Technology
International press praises Vietnamese Bun Rieu
11:00 | 21/05/2024 Lifestyle
Basket, brocade weaving of S’tiêng people recognised as National Intangible Cultural Heritage
10:59 | 21/05/2024 Lifestyle
Multimedia
Basket, brocade weaving of S’tiêng people recognised as National Intangible Cultural Heritage
10:59 | 21/05/2024 Lifestyle
Royal antiques presented at metaverse exhibition
11:15 | 18/05/2024 Lifestyle
Lighting the skies of Hội An Memories Park with a stunning new drone light show
06:00 | 21/05/2024 Tourism
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing
06:00 | 15/05/2024 Lifestyle
The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status
16:49 | 13/05/2024 Lifestyle
New resolution facilitates entrepreneurship development
14:57 | 21/05/2024 Policy
Proposal to amend personal income tax law set for October next year
07:00 | 21/05/2024 Policy
Tax, land rent payment deadlines to be extended this year
06:00 | 19/05/2024 Policy
Ministry proposes tax filing deadline extension for 2024
06:00 | 17/05/2024 Policy
Tra Vinh moves ahead with advanced manufacturing projects
10:13 | 21/05/2024 Industry promotion
MoIT seeks to address material bottleneck
16:50 | 20/05/2024 Support industries
Vietnamese steel affirms position in world market
07:00 | 20/05/2024 Industry
Concerted efforts to reduce manufacturing inventory
06:00 | 20/05/2024 Industry
Dong Nai remains magnet for foreign investors
10:35 | 20/05/2024 FDI
Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen
07:10 | 18/05/2024 FDI
Desk established in Dong Nai to support Japanese investors
09:02 | 16/05/2024 Investment
Vietnam should not miss opportunities to attract FDI
08:00 | 14/05/2024 FDI
Standard Chartered Bank wins multiple awards at The Asset Triple A Treasurise Awards 2024
09:11 | 21/05/2024 Finance-Banking
Central bank to inspect gold trading activities
09:17 | 20/05/2024 Finance-Banking
Banks raise interest rates to attract depositors
16:47 | 17/05/2024 Finance-Banking
Credit access obstacles lifted for collective economic entities
06:00 | 16/05/2024 Finance-Banking
First provincial biodiversity museum launched in Quảng Nam
06:00 | 19/05/2024 Environment
Enhancing informal sector’s role in EPR implementation
06:00 | 18/05/2024 Environment
Centre opened to serve environmental data integration, monitoring network operation
06:00 | 16/05/2024 Environment
Capacity building for policy makers, large emitters on ETS and carbon market
08:48 | 15/05/2024 Environment
Vietnam eyes to boost science, technology cooperation with Brazil
11:29 | 21/05/2024 Science - Technology
PM urges training of semiconductor workforce
08:05 | 21/05/2024 Science - Technology
Semiconductor investment prioritized
06:29 | 17/05/2024 Science - Technology
Science-technology - foundation for nation’s development PM
06:00 | 16/05/2024 Science - Technology
Noi Bai Airport's international terminal expanded
07:00 | 21/05/2024 Society
Government tightens vessel control to fight IUU fishing
07:00 | 20/05/2024 Society
HCM City to complete 183km of metro routes by 2035
06:00 | 17/05/2024 Society
Railway sector gets creative to attract passengers
07:00 | 15/05/2024 Society
Viettel Global ranks third in market capitalisation
09:22 | 21/05/2024 Vietnamese Brands
Branding essential for leverage of FTA opportunities
17:14 | 20/05/2024 Vietnamese Brands
Vietnamese agricultural products to take part in Foodservice Australia 2024
15:08 | 17/05/2024 Vietnamese Brands
PV GAS launches Month of Workers
10:22 | 16/05/2024 Companies
International press praises Vietnamese Bun Rieu
11:00 | 21/05/2024 Lifestyle
Basket, brocade weaving of S’tiêng people recognised as National Intangible Cultural Heritage
10:59 | 21/05/2024 Lifestyle
Royal antiques presented at metaverse exhibition
11:15 | 18/05/2024 Lifestyle
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing
06:00 | 15/05/2024 Lifestyle
Thanh Hoa tourism experiences great changes
06:26 | 21/05/2024 Tourism
Lighting the skies of Hội An Memories Park with a stunning new drone light show
06:00 | 21/05/2024 Tourism
Tourism sector goes green for sustainable development
08:22 | 19/05/2024 Tourism
Sustainability plays significant role in choices of travellers
13:00 | 18/05/2024 Tourism