Home » Trade » Trade surplus with Malaysia hits over US$1bln

Trade surplus with Malaysia hits over US$1blnTwo-way trade turnover between Vietnam and Malaysia reached more than US$7.9 billion in 2012, up 17 percent from the previous year.

According to the Vietnam Trade Office in Malaysia, Vietnam’s exports to Malaysia were estimated at US$4.5 billion, representing a trade surplus of more than US$1 billion.

Among key export items were crude oil, computers and components, rubber, rice,mobile handsets, steel, vehicles and spare parts, and coffee, while its main imports included electronics and appliances,  animalfat, vegetable oil, plastics, and machinery and equipment.

Bilateral trade turnover is expected to hit US$8 billion this year, of which Vietnam’s exports will generate US$5 billion in value, a year-on-year rise of 11 percent.

(VOV)

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