HANOI: Vietnam’s export turnover reached US$62.09 billion in the first four months of this year, a year-on-year increase of 16.8 per cent, the General Department of Vietnam Customs reported.
The country’s import turnover was $63.99 billion.
The country enjoyed a trade surplus of $186 million in April, which contributed to reducing the trade deficit to $1.9 billion during the period, the customs authority said.
Vietnam saw a hike in its trade deficit of more than $9.9 billion with South Korea, making it the market with the highest trade deficit in the country.
Vietnam exported goods worth $4.4 billion to South Korea, up 31.5 per cent compared with the same period last year; however, it imported goods from this country worth $14.37 billion, up 52.3 per cent.
The customs authority said the main products exported to South Korea were telephones, computers, electronic products and machines, as well as textile and garment products.
Meanwhile, the country imported various kinds of fuel, telephones, devices and plastic material.
