Vietnam posts trade surplus of 24.6 billion USD

06:00 | 09/11/2023 Foreign trade Follow Ven.vn on

Vietnam recorded a trade surplus of 24.6 billion USD during the first ten months of 2023, according to the General Department of Customs (GDC).

Dinh Vu Container Port in Hai Phong (Photo: NDO/Thanh Dat)

The country exported goods worth 291.28 billion USD, down 7.1% from last year, while imports were estimated at 266.67 billion USD, a year-on-year drop of 12.3%.

In October, Vietnam’s export revenue rose 5.3% from a month earlier to 32.31 billion, while the import turnover edged up 2.9% to 29.31 billion USD, producing a trade surplus of 3 billion USD.

According to the GDC, budget revenue from export-import activities in October reached 32.469 trillion VND (1.323 billion USD), up 17.2% against the previous month.

The figure for the January-October period was 302.394 trillion VND (12.325 billion USD), down 17% over the corresponding period last year.

Source: NDO

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