Asia remains largest export market for Vietnam in H1 2022: GDVC

In June, Vietnam’s total trade turnover was valued at $65.07 billion, which is an increase of 2.4 per cent or $1.53 billion more than the previous month. Vietnam’s trade with the Americas reached $79.72 billion (up 20 per cent), followed by Europe with $39.07 billion (up 9.7 per cent), Oceania nearly $9 billion (up 35.1 per cent), and Africa with $4.08 billion (down 0.3 per cent), as per the GDVC.

From January to June, Vietnam’s export revenue was $371.32 billion, which was up by 16.4 per cent or $52.32 billion against the same period last year. The country had a trade surplus of $743 million. The FDI sector, in particular, earned $255.83 billion from exports, which indicated a year-on-year increase of 16 per cent, equivalent to $35.26 billion against the same period the previous year.

ALCHEMPro News Desk (NB)