FDI sector contributes remarkably to trade surplus

In October, export turnover touched US$ 202.03 billion. Meanwhile, import turnover hit US$ 194.82 billion. Trade surplus valued US$ 7.2 billion, higher than the figure of US$ 2.11 billion in 2017. 

Before 2008, Viet Nam used to cope with a trade deficit. In recent years, the trade balance has progressed positively so  trade deficit decreased gradually. 

In 2008, the trade deficit reached a record high of US$ 18.03 billion, accounting for 28.8% of export revenue. In 2009 and 2010, trade deficit was nearly US$ 13 billion.

Especially, between January and October this year, the country recorded an impressive trade surplus of US$ 7.2 billion.

The FDI sector made a great contribution to the trade performance as it gained US$ 25.8 billion of trade surplus. The sector shipped US$ 142.8 billion of goods abroad and imported US$ 116.99 billion of goods and materials./.