Vietnam’s total trade turnover reached 511.11 billion USD in the first eight months of 2024, marking a 16.7% increase compared to the same period last year.

Vietnam’s export-import value in the first four months of this year was estimated at 210.79 billion USD, down 13.6% year-on-year, with trade in surplus by 6.35 billion USD, the General Statistics Office has reported.

Data from the General Department of Customs shows in 2022, China is Vietnam's largest trading partner with a total two-way trade turnover of 175.57 billion USD, followed by the US (123.86 billion USD), the Republic of Korea (86.38 billion USD) and Japan (47.61 billion USD).

Vietnam’s import-export turnover reached 46.56 billion USD in the first month of 2023, down 25% year on year. However, the country still enjoyed a trade surplus of 3.6 billion USD in the month.