Vietnam had recorded total trade revenue this year of $587.68 billion as of November 15, down 9 per cent against the same period last year, figures from the General Statistics Office (GSO) show.

Exports totaled $306.06 billion, a year-on-year decline of 6.4 per cent.

Import value, meanwhile, reached $281.62 billion in the first half, down 11.7 per cent year-on-year.

This resulted in the country posting a trade surplus of $24.22 billion in the period.

In the first half of November, total trade value rose 2.3 per cent year-on-year, to $29.42 billion. Exports were $14.65 billion, an increase of 6.4 per cent.

There were 33 products posting export revenue in excess of $1 billion as of November 15 and accounting for 92.9 per cent of the country’s total.

Seven posted turnover of $10 billion or more, or 66.1 per cent of the total, including electronics, computers, and components; phones and components; textiles and garments; footwear; and wood and wooden products.