Connect with us

What are you looking for?


Vietnam records US$1.3 billion trade surplus in January

Vietnam exported US$27.7 billion worth of goods in January while importing US$26.4 billion, registering a trade surplus of US$1.3 billion, according preliminary data released by the General Statistics Office.

Export revenue in the first month of 2021 rose slightly by 0.2% against the previous month and soared 50.5% compared with the same period in 2020.

There were six groups of goods each earning more than US$1 billion, accounting for 67.3% of Vietnam’s total export revenue in January.

The United States was the largest importer of Vietnamese goods, at US$7.5 billion in January, up 57.4% annually, followed by China, which purchased US$5.8 billion worth of Vietnamese goods, a year-on-year increase of 111.6%.

Exports to the EU, ASEAN, Japan and the Republic of Korea were US$2.8 billion, US$2.3 billion, US$1.9 billion and US$1.7 billion, respectively.

On the import side, Vietnam bought US$26.4 billion worth of foreign goods, down 5.4% from December but up 41% against the same month in 2020.

China was the largest source of imports to Vietnam, estimated at US$9.6 billion, a year-on-year rise of 72.7%.

Imports from the Republic of Korea came second at US$5.1 billion, followed by US$3.4 billion from ASEAN countries and US$2 billion from Japan.

Vietnamese imports from the EU and the United States were estimated at US$1.3 billion and US$1 billion, respectively.



The manufacturing sector took some hard hits last year. COVID-19 impacted supply chains, compromised workforce safety, and changed both channels to market and consumer...


Vingroup will pour an additional $300 million into the US market, to prepare for the sale of its new electric car models and smartphones....


Total new orders increased for the eighth month running, and at the fastest pace in close to two-and-a-half years. The Vietnam Manufacturing Purchasing Managers’...


Audi partners with SAP, AWS, Capgemini and the XL2 joint venture as part of its Automotive Initiative 2025 for digital factory transformation. Collaborating closely...

Scroll Up