The data shows how the economy continues to change after the pandemic. Despite the headwinds of the various COVID-19 variants, Vietnam’s economy is recovering
Vietnam reported an estimated trade value of $176.35 billion in the first quarter of this year, up 14.4 percent year on year, with a trade surplus of about $809 million, according to the General Bureau of Statistics.
Specifically, export revenue was $88.58 billion, an increase of 12.9 percent, while import revenue was $87.77 billion, an increase of 15.9 percent, the office said Tuesday.
Data from the General Bureau of Statistics showed that between January and March, the United States was the largest importer of Vietnam with sales of $25.2 billion, followed by China with $13.3 billion and the European Union with 11. $1 billion.
Over the same period, China is Vietnam’s top exporter at $27.6 billion, followed by South Korea at $16.3 billion and the Association of Southeast Asian Nations at $11.3 billion, the agency said.