Topic: trade deficit

Trade deficit down by $0.49 billion year-on-year.

Export revenue hitting $156.7 billion.

City’s total trade turnover via local ports in Q1 estimated at $28.34 billion.

Year-to-date trade sees surplus of $8.66 billion.

Exports down in the first half of September compared to the second half of August, resulting in a trade deficit of $845 million.

According to the General Department of Customs, in the first seven months of 2022, Vietnam’s exports to Japan reached $13.4 billion, up 13.4 per cent year-on-year, while imports from the country totaled $13.9 billion, up 8.9 per cent. Vietnam therefore posted a trade deficit of $440 million with Japan.

Figures from the General Department of Customs show that exports reached $14.29 billion in the first half of July, down 19.5 per cent compared to the first half of June, while imports were $16.3 billion, up 4.5 per cent. Vietnam therefore posted a trade deficit of more than $2 billion in the period and $1 billion since the beginning of the year.