Trade surplus hits US$2.8 bln in Q1
14:20 | 28/03/2020

VGP – Viet Nam enjoyed trade surplus of US$2.8 billion in the first quarter of 2020, according to the General Statistics Office.

Trade figures in March and the first quarter this year

     >>> FDI down nearly 21% in Q1

     >>> CPI in March drops to 5-year low

Total trade volume during the reviewed period decreased by 0.7% from the same period last year, to US$115.34 billion.  

Eight export items with more than US$1 billion export value each include phones and spare parts (US$12.4 billion), electronics, computers and accessories (US$8.2 billion), garments (US$6.5 billion), machines and tools (US$4.7 billion), footwear (US$3.9 billion), wood and wooden products (US$2.5 billion), vehicles and tools (US$2 billion) and aquatic products (US$1.6 billion).  

The U.S. remained the largest importer of Vietnamese goods with US$15.5 billion, up 16.2% against the same period last year.

It was followed by China with US$8.4 billion, up 11.5%, EU US$7.5 billion, down 14.9%, ASEAN US$6 billion, down 5.2%, Japan US$4.8 billion, up 3.5% and South Korea US$4.5 billion, down 2.7%./.

By Thuy Dung

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