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Vietnam’s exports to CPTPP nations see 38.7% growth in Jan- Aug 2022

BTJ Desk Report
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Vietnam's exports to CPTPP nations see 38.7% growth in Jan- Aug 2022

The value of Vietnam’s exports to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) rose by 38.7% to $41 billion over the first eight months (January-August) of this year.

Moreover, its imports from that grouping during the January-August period were worth $35 million, media reported citing the government statistics.

The country’s trade surplus was $6 billion during the period.

According to the media reports, Vietnam’s exports to Canada and Mexico grew by 32% and 9.2% to $4.5 billion and $3.2 billion respectively.

However, CPTPP was signed by 11 countries—Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam in Santiago, Chile on March 8, 2018.

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