4:21:23 PM | 30/11/2012
Vietnam’s trade deficit fell to US$50 million this month from US$166 million in October, according to the Ministry of Industry and Trade (MOIT).
In November, export revenues reached US$10.2 billion, down 1.18 percent on the previous month while imports rose slightly to US$10.25 billion.
During the 11-month period from January to November, exports rose 18.4 percent year on year to US$104 billion, exceeding imports by US$14 million.
Foreign-invested companies, excluding oil firms, made up 55.6 percent of the total export value.
The garment and textile sector posted the strongest growth with US$13.78 billion, followed by phones and spare parts with US$11.4 billion.
In November alone, garment and textile exports hit US$1.3 billion, while shipments of mobile phones and spare parts rose by US$1.35 billion.
Computers and electronics earned Vietnam US$790 million while fishery products and transport vehicles reached US$550 million and US$340 million respectively.
Crude oil, one of Vietnam’s key exports, also gained US$805 million in November.
According to the MOIT, falling imports in the final months of the year have helped improve the country’s balance of trade.
Nhan Dan Online
April 24–25, 2026
Kinh Bac Cultural Center, Bac Ninh Province
Vietnamese
