Most notably, November alone witnessed the country’s total trade value decrease by 3.8% to 49.62 billion USD from the previous month. Of the figure, exports fell by 7.8% to 25.14 billion USD, while imports rose slightly by 0.7% to 24.48 billion USD.
Overall, Vietnam grossed 254.85 billion USD in export value over 11 months, representing a rise of 5.4%, while total import value increased by 1.6% to 234.7 billion USD. The country therefore recorded a trade surplus of 20.15 billion USD, double the figure recorded during the same period last year.
Despite enduring a slight decrease in November, Vietnam’s two-way trade has maintained positive growth throughout the initial 11 months of the year.