Thailand remains the largest importer in the bloc of commodities from Vietnam.

The Government News quoted the General Department of Vietnam Customs as reporting on February 22 that Vietnam’s trade turnover with other ASEAN member countries recorded a year-on-year increase of 35 per cent in January, reaching $6.81 billion, including $3.19 billion from exports, which was up 45 per cent year-on-year and accounted for 9.2 per cent of the country’s total export value in the month.

Thailand remains the largest importer of Vietnam’s commodities in the bloc, with $734 million, up 31.6 per cent year-on-year and accounting for 22 per cent of the total.

It was followed by Indonesia, with $562 million, up 59 per cent, the Philippines with $498 million, up 71 per cent, Cambodia with $448 million, up 17 per cent, Malaysia with $464 million, up 73 per cent and Singapore with $397 million, up 36 per cent.

Vietnam’s exports to Laos posted remarkable growth of 104 per cent in the month, reaching $56 million.

Meanwhile, Vietnam’s imports from other ASSEAN countries stood at $3.62 billion, up 28 per cent and accounting for 11.7 per cent of its total import turnover.

It therefore recorded a trade deficit of $430 million with other ASEAN members in January.

Its trade value with ASEAN stood at $73.4 billion last year, including $32.5 billion from exports.

Bình Minh (Source: en.vneconomy.vn)