Vietnam Posts $865 Million Trade Surplus in Jan-Feb

Tuan Minh

10:25 25/02/2016

BizLIVE - Vietnam had an estimated trade surplus of $865 million in the first two months of 2016, compared to a deficit of $1.33 billion in the same period of 2015.

Vietnam Posts $865 Million Trade Surplus in Jan-Feb

Vietnam reported a trade surplus of $865 million in January-February. (Photo: saigonnewport.com.vn)

Vietnam reported a trade surplus of $100 million in February, bringing the trade surplus to $865 million in the first two months of this year, according to preliminary data of the General Statistics Office (GSO).
Between January and February, the country’s exports went up 2.9% year-on-year to $23.66 billion while imports slipped 6.6% to $22.8 billion.
Phones and spare parts remained the biggest export staple in the two-month period, with a value of $4.27 billion, up 2.5% year-on-year. The runners-up were apparel products, electronics and computers, and footwear.
Meanwhile, Vietnam continued to spend the most on machinery and components, which cost $3.84 billion in the period, down 13.6% year-on-year.

TUAN MINH

Từ khóa: trade surplus, GSO

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