Vietnam recorded total trade revenue of $31.9 billion in the first half of May, a year-on-year increase of 7.7%, figures from the General Department of Vietnam Customs reveal.

The figure brings the total trade value this year, as of May 15, to $270.82 billion, up 16.8% year-on-year.

Exports totaled $138.59 billion, soaring 16.1% compared to the same period last year. Of which, FDI enterprises accounted for 72%, equivalent to $99.19 billion.

Meanwhile, import value was estimated at $132.23 billion, a year-on-year rise of 17.5%.

Vietnam therefore posted a trade surplus of $6.36 billion in the period.

Products recorded significant growth in export value include computers, electronics and components (34.3%); machinery and equipment (12.8%); and phones and components (7.9%).