Vietnam posted a trade surplus of $10.6 billion in the January - November period, the latest report from the General Statistics Office shows.

Exports and imports reached $673.82 billion, of which exports were $342.21 billion and imports $331.61 billion, increases of 13.4 per cent and 10.1 per cent, respectively, year-on-year.

Imports by the domestic sector were estimated at $115.42 billion, while those by the foreign-invested sector were $216.19 billion.

Trade turnover in November was estimated at $57.58 billion, down 1.2 per cent against October and 7.8 per cent year-on-year.

In the first eleven months, 35 commodities reported export turnover of more than $1 billion each, and eight surpassed the $10-billion mark, accounting for 93.7 per cent and 70.1 per cent of the total, respectively.

Forty-five products posted import value in excess of $1 billion and six in excess of $10 billion, representing 93.2 per cent and 52.3 per cent of the total, respectively.

The US remained Vietnam’s largest export market in period, spending an estimated $101.5 billion, while China was its largest import source market, with estimated turnover of $109.9 billion.

Vietnam recorded a trade surplus of $29.4 billion with the EU in the period, up 42.4 per cent year-on-year.

It posted trade deficits of $56.9 billion with China, $35.7 billion with South Korea, $12.2 billion with ASEAN, and $139 million with Japan.