Vietnam enjoys 2.53 billion USD of trade surplus in four months

A trade surplus of about 1.07 billion USD was recorded in April, pushing the total in the first four months of this year to 2.53 billion USD, the General Statistics Office (GSO) reported on April 29.

Processing fish for export.
Processing fish for export.

In the January-April period, the domestic economic sector suffered a trade deficit of 9.2 billion USD, while the foreign-invested sector enjoyed a surplus of 11.73 billion USD.

The export revenue in April reached 33.26 billion USD, down 4.2 percent from the previous month but up 25 percent year on year. The figure hit 122.36 billion USD in the first four months, a rise of 16.4 percent over the same period last year.

So far this year, 22 goods groups have seen export revenue exceeding 1 billion USD, including five each with a revenue of over 5 billion USD. Exports of fuel and mineral products accounted for 1.3 percent of the total export revenue, while contribution from processing sector is 89 percent, and that of the agro-forestry and fisheries sectors, 6.8 percent and 2.9 percent.

According to the GSO, the country’s imports were 32.19 billion USD in April and 119.83 billion USD in four months, mostly production materials.