Vietnam’s trade surplus reaches 5.1 billion USD by mid-February

Monday, 26/02/2024 15:32
From the beginning of 2024 to the end of February 14, Vietnam's trade balance enjoyed a trade surplus of 5.1 billion USD.

According to preliminary data from the General Department of Customs, from January 1 to February 14, 2024, Vietnam’s import and export value of goods totalled 82.56 billion USD, an increase of 17.1% compared to the same period last year.

Particularly, exports of goods were valued at 43.83 billion USD, an increase of 21.6%, while import value reached 38.73 billion USD, an increase of 12.4%.

Photo for illustration. (Source:

Thus, during the period, Vietnam’s trade balance enjoyed a surplus of 5.1 billion USD.

In particular, preliminary statistics showed that during the Lunar New Year (Tet) 2024 (from February 8 to February 14), more than 1,000 Vietnamese enterprises participated in import and export of goods.

Nearly 10,000 import and export declarations were registered at 116 Customs branches with the total value of 1.41 billion USD.

During the Tet holiday 2024, the country’s main export products included phones and components of all kinds, worth 282.8 million USD, accounting for 38.7% of the total; computer, electronic products and components, worth 263.6 million USD, accounting for 36.1%; and machinery and equipment items, worth 54.4 million USD, accounting for 7.5%.

During the holiday, Vietnamese businesses imported goods from 59 countries and territories. The country mostly imported goods from the Republic of Korea with a value of nearly 239 million USD, accounting for 35.2% of the total; followed by China with 196.7 million USD (accounting for 29%); and Cambodia with 41.3 million USD (accounting for 6%)./.