U.S. REMAINS LARGEST IMPORTER OF VIET NAM’S COMMODITIES DURING JAN-JULY PERIOD

The U.S. remains the largest importer of Vietnamese goods over the last seven months of 2022, spending an estimated sum of US$67.1 billion, while China was the biggest exporter of goods to Viet Nam with US$72.6 billion over the same period.

According to the General Statistics Office, the Southeast Asian nation earned US$30.32 billion from exporting in July, down 7.7 percent against the previous month, bringing the total export value during the January-July period to US$216.35 billion, a year-on-year increase of 16.1 percent.

Meanwhile, the country's import turnover hit US$215.59 billion, up 13.6 per cent on year.

Viet Nam reported a trade surplus of US$21 million in July and US$764 million in the first seven months.

Source: VCCI


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