(VOVWORLD) - Vietnam's import-export turnover during the last 11 months totaled nearly 700 billion USD, with a trade surplus of almost 11 billion USD, according to the General Department of Customs and the Ministry of Industry and Trade.
Tran Thanh Hai, Deputy Director of the Import-Export Department of the Ministry of Industry and Trade, said, “Processed industrial products, particularly electronic and telephone items, made the biggest contribution to national export turnover.”
He added other commodity groups such as textiles, leather, and footwear posted relatively good growth as well. Farm produce, especially rice and coffee, had record high exports.”
Fisheries saw impressive export growth, totaling 10 billion USD as of November, and likely totaling at 11.2 billion USD, a historical milestone.
Truong Dinh Hoe, Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), said, “This year seafood exports grew 31%, a quite unexpected result, attributable to a post-pandemic increase in food demand in every country. Vietnam’s seafood sector has made careful preparations to supply whatever the market wants.”
According to the General Department of Customs and the Ministry of Industry and Trade, with an average turnover of more than 61 billion USD per month, Vietnamese import-export turnover by mid-December will set a new record of 700 billion USD and is likely to exceed 730 billion USD this year.