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Home / Economy / Trade - Service
Vietnam’s trade surplus triples in 2018
Ngoc Thuy 05:57, 2019/01/15
The export turnover of the FDI sector in 2018 climbed 12.4% year-on-year or US$18.98 billion to US$171.53 billion, accounting for 70.4% of Vietnam’s total exports.
Vietnam reported a trade surplus of US$6.8 billion in 2018, up 3.2 times the figure recorded in 2017, according to the General Department of Vietnam Customs (GDVC). 
 
Data: GDVC. Graphic: Ngoc Thuy.
Data: GDVC. Graphic: Ngoc Thuy.
As of the end of 2018, Vietnam’s exports amounted to US$243.48 billion, up 13.2% year-on-year or US$28.36 billion, while imports were posted at US$236.69 billion, up 11.1% or US$23.68 billion. 

In 2018, Vietnam’s trade turnover reached US$480.17 billion, up 12.2% year-on-year or US$52.05 billion.

The total export-import value of the foreign invested companies stood at US$313.21 billion, up 11.7% year-on-year or US$32.83 billion, and domestic sector attained a turnover of US$166.96 billion, up 13% or US$19.22 billion. 

The export turnover of the FDI sector in 2018 climbed 12.4% year-on-year or US$18.98 billion to US$171.53 billion, accounting for 70.4% of Vietnam’s total exports. Meanwhile, the sector imported goods worth US$141.68 billion, up 10.8% or US$13.84 billion, accounting for 59.9% of the country’s imports. 
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