Việt Nam gains trade surplus of $250m with Canada

February 27, 2019 - 13:56

Việt Nam gained a trade surplus of more than US$250 million with Canada in January.

Seafood is one of Việt Nam’s key export products to Canada. — Photo cafef.vn
Viet Nam News

HÀ NỘI — Việt Nam gained a trade surplus of more than US$250 million with Canada in January.

According to the General Department of Customs, in the first month of this year, trade value between Việt Nam and Canada reached $379 million, of which export value hit $317 million and import value of $62.6 million. These figures rose 33.8 per cent and 6.9 per cent against the same period last year.

Việt Nam mainly exported to Canada industrial goods such as textiles, footwear, vehicles and spare parts. Textiles and garments accounted for $69 million, followed by footwear with $32.9 million.

Other export goods included seafood, timber and wooden products, coffee, cashew nuts and iron products.

Most export goods from Việt Nam to Canada increased in the first month, reported vov.vn.

Last year, Việt Nam’s export value to Canada reached $3.85 billion, up 9.3 per cent year on year, of which Việt Nam’s trade surplus reached $2.1 billion. — VNS

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