Vietnam has achieved a trade surplus of $11.63 billion in the first six months of 2024, reflecting the country’s strong export performance and effective trade policies. According to the General Statistics Office, the impressive surplus was driven by robust growth in key export sectors, including electronics, textiles, and agricultural products.

The country’s export turnover reached $173.5 billion during the period, while imports were valued at $161.9 billion, underscoring the strength of Vietnam’s trade position. Vietnam’s participation in various free trade agreements has played a significant role in driving its export growth, providing access to new markets and reducing trade barriers.

“Vietnam’s trade surplus highlights the resilience of the country’s economy and its ability to navigate global challenges,” said an economic expert. The electronics sector continues to be a major contributor to the surplus, with high demand for smartphones, computers, and other devices.

Agricultural exports, particularly rice and seafood, also saw substantial gains, contributing to the surplus. Meanwhile, Vietnam’s ability to diversify its export markets has helped mitigate risks from global economic uncertainties, ensuring stable growth.

As Vietnam continues to strengthen its export capabilities and explore new trade partnerships, the country is well-positioned to maintain its trade momentum in the second half of the year. The growing surplus signals Vietnam’s rising influence in global trade, making it a key player in the region’s economic landscape.