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Vietnam recorded a trade surplus of $11.88 billion.

Việt NamViệt Nam19/07/2024

According to the latest statistics from the General Department of Customs, as of mid-July 2024, the total import and export turnover of the whole country reached nearly 403 billion USD, with a trade surplus of 11.88 billion USD.

In the first half of July, the country experienced a slight trade deficit, but overall from the beginning of the year to July 15th, Vietnam still recorded a trade surplus of $11.88 billion.

In the first half of July, the total import turnover of the whole country reached 16.43 billion USD.

Specifically, in the first half of July (from July 1-15), the total export turnover of the whole country reached 16.26 billion USD. Of this, four product groups achieved a turnover of 1 billion USD or more: computers, electronic products and components; telephones and components; machinery, equipment, tools and spare parts; and textiles and garments.

Accordingly, the cumulative total export turnover from the beginning of the year to July 15th reached 207.25 billion USD, an increase of 15.19% compared to the same period last year (equivalent to an increase of 27.33 billion USD).

Conversely, in the first half of July, the total import turnover of the whole country reached 16.43 billion USD. The two groups of goods with billion-dollar imports during this period were computers, electronic products and components; and machinery, equipment, tools, and spare parts. Cumulatively from the beginning of the year to July 15th, the total import turnover of the whole country reached 195.37 billion USD, an increase of 17.7% compared to the same period last year (equivalent to an increase of 29.37 billion USD).

Thus, from the beginning of the year to July 15th, the total import and export turnover of the whole country reached nearly 403 billion USD, an increase of 56.7 billion USD compared to the same period in 2023.


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