Home breadcru News breadcru Import/Exports breadcru Vietnam's exports to CPTPP nations rises by 38.7% in Jan- Aug 2022

Vietnam's exports to CPTPP nations rises by 38.7% in Jan- Aug 2022

16 Oct '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

The value of Vietnam's exports to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) rose by 38.7 per cent to $41 billion over the first eight months this year, while its imports from that grouping during the January-August period were worth $35 million, according to government statistics.

The country’s trade surplus was $6 billion during the period.

Vietnam's exports to Canada and Mexico grew by 32 per cent and 9.2 per cent to $4.5 billion and $3.2 billion respectively, according to a news agency.

CPTPP was signed by 11 countries—Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam in Santiago, Chile on March 8, 2018.

ALCHEMPro News Desk (DS)

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