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Economy

Vietnam Nov trade surplus narrows to $546 mln vs $2.94 bln surplus in Oct

Reuters | Khanh Vu Tuesday | 12/15/2020 10:57

Container ships dock at Cat Lai Port in Ho Chi Minh City. Photo by Shutterstock/Quang nguyen vinh.

Vietnam’s trade surplus in November significantly narrowed to $546 million from $2.94 billion in October, government customs data released on Monday showed.

Exports in November fell 7.4% from October to $25.45 billion, while imports were up 1.5% at $24.69 billion, the Customs Department said.

The Southeast Asian country recorded a trade surplus of $20.06 billion for the first 11 months of this year, the department said.

Source: Reuters

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