Vietnam's trade value up 6.3 pct in January-Xinhua

Vietnam's trade value up 6.3 pct in January

Source: Xinhua| 2022-01-29 13:04:30|Editor: huaxia

HANOI, Jan. 29 (Xinhua) -- Vietnam reported an estimated trade value of 58.5 billion U.S. dollars in January, up 6.3 percent year-on-year, with a trade deficit of 500 million U.S. dollars, the country's General Statistics Office said Saturday.

Specifically, the export revenue stood at 29 billion U.S. dollars, up 1.6 percent year-on-year, while the import revenue totaled 29.5 billion U.S. dollars, up 11.5 percent.

The United States remained Vietnam's biggest importer with turnovers of 9 billion U.S. dollars, followed by China with 5.2 billion U.S. dollars and the European Union with 3.6 billion U.S. dollars, said the office.

China is Vietnam's largest exporter with 10.2 billion U.S. dollars of turnovers, followed by South Korea with 5.6 billion U.S. dollars and the Association of Southeast Asian Nations (ASEAN) with 3.7 billion U.S. dollars, according to the office.