Vietnam’s export-import growth hits 10-year high

(VOVWORLD) - Vietnam witnesses the growth of exports and imports in the first four months of 2021 hitting 10-year record high, reported the General Statistics Office. 
 Vietnam’s export-import growth hits 10-year high - ảnh 1Import and export activities at Sai Gon seaport region 1 (Photo: VNA)

National export revenue in April was estimated at 25.5 billion USD, a reduction of 14% compared to that in March and an increase of 45% against the same period last year. From January-April, exports totaled 103.9 billion USD, an increase of 28.3 percent against the same period last year.

The US remained Vietnam’s biggest export market with a revenue of 303 billion USD, 50% higher than last year. It was followed by China, the EU, ASEAN, South Korea, and Japan.

Four-month imports rose by 30.8 percent from a year earlier to 102.6 billion USD. China continued to be Vietnam’s biggest seller with over 33 billion USD worth of goods and services shipped to Vietnam, up 48 percent year-on-year, followed by South Korea, ASEAN, and Japan.

The Ministry of Industry and Trade said it will help businesses take advantages of free trade agreements to develop markets and penetrate new markets after the COVID-19 pandemic.

Related News