Trade surplus reaches $15.49 bln this year, as of August 15

Vietnam recorded a trade surplus of $15.49 billion this year, as of August 15, 2024, according to the General Department of Vietnam Customs.

In the period, export turnover is estimated to reach nearly $244.41 billion, a year-on-year increase of 16%.

Meanwhile, import turnover was estimated at $228.92 billion, surging 18% year-on-year.

Products that gained high growth in export revenue include computers, electronic products and components with $9.55 billion, up 28.9%; machinery and equipment $5.27 billion, 21.3%; phones and accessories $3.48 billion, 11.1%; and wood and wood products $1.79 billion, 23.2%.

In the first half of August, the country posted a trade surplus of $933 million. The country exported products worth over $16.93 billion, while importing goods worth $16 billion.