VN gains over US$ 1 bln trade surplus in Nov.

According to a preliminary report of the General Department of Viet Nam Customs, the November's total trade revenue was estimated at US$ 22.98 billion.

Export turnover touched US$ 11.99 billion, down 4.9% against the same period last year. Meanwhile, import volume fell to US$ 10.99 billion, representing year-on-year decline of 12.2%.

Accordingly, the country ran a trade surplus of over US$ 1 billion in the 11^th month.

The FDI sector gained over US$ 1.4 billion of trade surplus. The sector got US$ 7.53 billion of export revenue (down 6.6%) and US$ 6.13 billion of import turnover (down 14.2%) in comparison with those of last month.

Viet Nam ran the largest trade surplus with the US with US$ 1.73 billion, followed by Hong Kong, the United Arab Emirates, Germany, and the UK.

Meanwhile, Viet Nam's trade deficit with China amounted to US$ 2 billion in November. The country also suffered from trade gaps with the Republic of Korea, Taiwan, Thailand and Singapore.

(Source: News.chinhphu.vn)