Trade with Americas hits $18bn this year
Trade with Americas hits $18bn this year
Two-way trade between Viet Nam and countries in the Americas exceeded US$18 billion during the first seven months of this year, up 19 per cent against the same period last year, according to the Viet Nam General Department of Customs.
During the period Viet Nam enjoyed a trade surplus with nearly $13.4 billion in export revenue and more than $4.6 billion in value of imports, representing a year-on-year increases of 20 per cent and 16 per cent respectively.
The US remained Viet Nam's biggest trading partner in the region, with export-import turnover rising 20 per cent to $13.9 billion during the period, followed by Brazil ($1.1 billion), Canada ($903 million), Argentina ($530 million) and Mexico ($473 million).
Viet Nam's key export items to these countries included garments and textiles, wooden goods, footwear, seafood, machinery and accessories. Its imports from the Americas included computers, electronics and components, foodstuff and materials.
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