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.