Economy
Market ends flat on rising selling force
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| Việt Nam maintains its leading position in ASEAN in terms of export turnover to Canada in Q1. — Photo thoibaokinhdoanh.vn |
Viet Nam News
OTTAWA – Việt Nam recorded a trade surplus of US$455.5 million with Canada in the first two months of this year.
Two-way trade reached $717.7 million, a year-on-year rise of 117 per cent.
Canada’s exports to Việt Nam surged unexpectedly in January and February, according to trade counsellor of the Vietnamese Embassy in Canada Hoàng Anh Dũng.
The country exported goods worth $131.1 million to Việt Nam in the period, representing a year-on-year rise of 105.4 per cent.
High growth was seen in commodities such as coal ($38.3 million, up 52.7 per cent), cereals ($38 million, up 1.1 per cent) and flight training equipment and spare parts ($6.8 million, up 3.7 per cent).
Meanwhile, Việt Nam exported goods worth $586.6 million to Canada, a yearly increase of 6.6 per cent.
Việt Nam’s staples included machines and electronic equipment ($147.7 million), footwear ($9.6 million), apparel products ($63.6 million), woven products ($61.2 million) and timber products ($46.6 million).
With these figures, Việt Nam maintained its leading position in ASEAN in terms of export turnover to Canada. – VNS
