Trade Value Reaches Over 470 Billion USD from January to Mid-July

Hanoi: Vietnam recorded a trade value of 470.63 billion USD from January 1 to July 15, marking a 16.2% year-on-year increase, according to the Department of Vietnam Customs. Of the total, exports were valued at 239.19 billion USD, up 14.7% over the same period in 2024, while imports reached 231.44 billion USD, up 17.7% year-on-year. During the first half of July, Vietnam posted a trade deficit of 134 million USD. However, the country still recorded a trade surplus of 7.74 billion USD from the beginning of this year to July 15.

According to Vietnam News Agency, the increase in trade value reflects a significant growth in both export and import activities in Vietnam. The rise in exports and imports indicates that Vietnam is expanding its trade capabilities and engaging more with international markets. Despite the trade deficit recorded in the first half of July, the overall trade surplus since the beginning of the year highlights Vietnam’s strong trade performance. This continued growth in trade is a key indic
ator of the country’s economic development and its increasing role in the global market.

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