Posted on August 31, 2023

Imports to Vietnam for August fell 8.3% from a year earlier to $28.55 billion, resulting in a trade surplus of $3.82 billion, the General Statistics Office (GSO) said.

Vietnam is suffering from subdued global demand and tightening moves by the U.S. Federal Reserve.

Industrial output for January-August fell 0.4% from a year earlier.
“The global economic difficulties in the first months of this year have affected domestic industrial production, but the August reading has shown a positive trend,” the GSO said in a statement.

For the first eight months, Vietnam’s exports fell 10% from a year earlier to $227.71 billion, while imports were down 16.2% to $207.52 billion, with an estimated trade surplus of $20.19 billion over that period, it said. August exports were worth $32.37 billion.

Switzerland Denmark containers freight forwarders Spain air freight Norway Freight Shipping International Freight Brexit italy freight forwarding logistics Europe Netherlands exports USA Sweden container shipping Seafreight Vietnam Australia freight U.S.A Covid-19 ports cargo Brazil rail freight Finland India import imports Hong Kong exports China China Poland wine Japan Germany Canada EU Turkey exporters France Ireland South Africa importers export