Vietnam posts trade surplus at 21.68 bln USD in 9 months

Xinhua
02 Oct 2023, 22:14 GMT+10

HANOI, Oct. 2 (Xinhua) -- Vietnam recorded a trade surplus of 21.68 billion U.S. dollars in the first nine months of this year, Vietnam News reported on Monday, citing the General Statistics Office (GSO).

The country's trade surplus reached 2.29 billion dollars in September alone, it said.

During the nine months, the total import-export turnover of goods reached 497.66 billion dollars, with export turnover recorded at 259.67 billion dollars and imports at 237.99 billion dollars.

The export and import turnovers both saw year-on-year decreases of 8.2 percent and 13.8 percent, respectively.

Thirty-one items, including fruits, vegetables, rice and cashew nuts, recorded an export turnover of over 1 billion dollars, accounting for 92.2 percent of the total.

Six commodities, including electronics, computers and components, handsets and parts, witnessed an export turnover of more than 10 billion dollars.

China was Vietnam's largest import market with 79.1 billion dollars, GSO reported.

Vietnam's Ministry of Planning and Investment forecasted that the country's GDP growth will reach 6 percent, citing three scenarios in the fourth quarter.

The ministry analysts said economic growth in the final quarter would depend on how quickly industrial production recovers, especially in manufacturing and processing sectors.

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