Vietnam's trade with Japan, from deficit to surplus in one year

[Viet]

Hanoi, Sep 28 (Prensa Latina) In eight months, Vietnam leveled its balance of trade with Japan and even tilted it in its favor, going from a deficit of 114 million dollars to a surplus of 930 million dollars from January to August 2019.


In the same period last year, Vietnam's trade deficit with Japan amounted to 114 million dollars, according to a study on the binational market.

This latest result was possible thanks to a very slight increase in imports from Japan (0.7%) and a notable growth of exports to that country (9.3%) in 26 of 35 key products.

The largest sales consisted of textiles (2.55 billion dollars), transportation means and spare parts (1.73 billion dollars), and machinery, equipment, tools and components (1.26 billion dollars).

However, in terms of growth, aquatic products, timber and wooden articles, computers and electronic equipment, and shoes must be mentioned, according to the report.

The experts predicted that by the end of this year, Vietnam's trade with Japan will report a surplus of more than 1.4 billion dollars.


https://www.plenglish.com/index.php...ith-japan-from-deficit-to-surplus-in-one-year

 

[Viet]

Japan should buy more agra products from Vietnam

 

[Suika]

Make good use of your surplus and grow your economy. Get GDP to 1 trillion

 

[Viet]

Make good use of your surplus and grow your economy. Get GDP to 1 trillion

I think we are fast track to reach that goal. Vietnam economy expands more than 7.3 percent in Q3. We are heading to 8 percent, then 9 percent.

We just need more rich consumers in Japan, Korea and elsewhere to buy more of our products