VIETNAM HAS A TRADE SURPLUS OF 9.4 BILLION USD IN 10 MONTHS

According to preliminary data of the General Department of Customs, in October 2022, the total import and export value of Vietnam's goods is estimated at 58.27 billion USD, approximately the same as the import and export value of the previous month (slightly increased 70 million USD). In which, the total export value increased by 1.5% and the total import value decreased by 1.3%.

The total import-export value of the country in 10 months increased by more than 14% in absolute terms compared to the same period in 2021. In which, the total export value increased by 15.9% and the total import value increased by more than 12%.

Thus, in October, the country had a trade surplus of 2.27 billion USD. Generally from the beginning of the year to the end of October 2022, the country has an estimated trade surplus of 9.4 billion USD. 

Also according to information from the General Department of Customs, state budget revenue from import and export activities from October 1-31 reached 32,490 billion VND. Accumulated from January 1 to October 31, reaching 103% of the assigned balance, reaching 86.3% of the striving target, an increase of 14.6% over the same period in 2021.

 

Related News

China Expands Global Export Dominance as U.S. Turns Inward

Outside the United States, global demand for Chinese products is hitting new highs. Despite being a major target of U.S. tariffs, China has strengthened its trade relationships across Africa, Southeast Asia, and Europe in 2025. While China cements its role as a global export leader, the U.S. is increasingly shifting its focus toward self-reliance.

ASEAN BECOMES THE NEW MULTIMODAL AIR HUB

The “China +1” strategy, once seen as a temporary plan to diversify production outside of China, has now evolved into a long-term restructuring of global supply chains. Increasingly

Vietnam’s Food and Spice Industry Gradually Conquers Global Markets

Vietnamese food and spice producers are making steady progress in international markets by focusing on “real quality.” By combining authentic local flavors with strict international certifications, they are strengthening their competitiveness and building trust among global buyers.

Related News

GLOTRANS VIETNAM SUCCESSFULLY COMPLETES PROJECT CARGO SHIPMENT FROM SHANGHAI TO CAT LAI PORT

Recently, Glotrans Vietnam once again affirmed its capability in the field of Project Cargo transportation by successfully completing a special shipment from Shanghai, China to Cat Lai Port, Ho Chi Minh City.

GLOTRANS VIETNAM CELEBRATES VIETNAMESE WOMEN’S DAY – OCTOBER 20TH

In the joyful spirit of celebrating Vietnamese Women’s Day on October 20th, Glotrans Vietnam organized a warm and intimate ceremony to express appreciation to all female staff across the system. The event was a heartfelt thank-you to the wonderful women – the “flowers” who contribute to the success and unity of the Glotrans family.

GLOTRANS VIETNAM CELEBRATES OCTOBER BIRTHDAYS FOR ALL STAFF ACROSS THE SYSTEM

Recently, Glotrans Vietnam organized a warm and joyful birthday celebration for employees born in October across all branches and offices nationwide.