Trade surplus with Canada
Trade surplus with Canada
Viet Nam enjoyed a trade surplus of around $3.089 billion with Canada at the end of November 2016, an increase of 24.6 per cent against the same period in 2015, according to Statistics Canada.
In that period, the two-way trade value touched $3.826 billion, a year-on-year increase of 10.6 per cent, which includes Viet Nam’s exports worth $3.457 billion, up 16.4 per cent, and an import value of $368 million, a drop of 25 per cent.
Hoang Anh Dung, Viet Nam’s commercial counsellor in Canada, said the country leads among ASEAN nations in terms of export value to Canada.
Viet Nam is followed by Thailand with $2.17 billion, a drop of 3.2 per cent; Malaysia with $1.789 billion, down 7 per cent; Indonesia with $1.134 billion, down 7.6 per cent; the Philippines with $934 million, down 9.8 per cent; and Singapore with $666 million, down 3.5 per cent.
Canada spent $1.174 billion on Viet Nam’s electronic products and accessories, up 56.5 per cent; $355 million on footwear, up 15.5 per cent; $108 million on sportswear, up 25 per cent; and $54 million on toys, up 24 per cent.
Among Viet Nam’s export goods, mobile phones recorded the highest jump of 67.9 per cent, touching $827 million.
