The country's export earnings grew by 13 per cent YoY, while its import turnover rose by 18.6 per cent YoY, resulting in a trade surplus of $3.79 billion during the period.
In April alone, the total trade revenue reached $74.32 billion—down by 1.4 per cent month on month (MoM) and up 21.3 per cent YoY. The export value in April stood at $37.45 billion, down by 2.8 per cent MoM, domestic media outlets reported.
Between January and April this year, the domestic sector contributed $40.74 billion (up by 18.1 per cent YoY), accounting for 29 per cent of total exports, while the sector with foreign investment, including crude oil, earned $99.6 billion (up by 11 per cent YoY), making up 71 per cent of total exports.
The country spent $136.55 billion on imports in the first four months. The domestic sector imported $51.26 billion worth of goods—up by 21.1 per cent, while the foreign-invested sector's import volume stood at $85.29 billion—up by 17.1 per cent.
The United States remained Vietnam's largest export market, with turnover reaching $43.4 billion during the period. China continued to be the country's biggest import source, with imports valued at $53.2 billion during the period.
Fibre2Fashion News Desk (DS)