Foreign direct investment (FDI) enterprises recorded a trade surplus of US$33.87 billion during 2020, while their export value reached US$202.89 billion, representing an annual increase of 10.7%, according to figures released by the General Department of Vietnam Customs. 

December alone saw the total import and export value of FDI firms reach US$38.48 billion, marking an increase of 9.6% from the previous month.

Throughout 2020, the import and export value of FDI businesses witnessed a surge of 11.8% to US$371.90 billion, equivalent to an increase of US$39.26 billion in comparison to 2019.

Most notably, FDI enterprises exported goods worth a total of US$20.44 billion in December alone, a boost of 8.2% from the previous month, while their  total export value during 2020 rose by 10.7% to US$202.89 billion compared to the previous year.

The import value of FDI firms in December enjoyed an increase of 11.3% to US$18.04 billion, and their import value last year soared by 13.1% to US$169.01 billion from 2019.

According to the statistics compiled by the General Department of Vietnam Customs, the trade balance of FDI firms in December and throughout the entire year returned to a surplus of US$2.4 billion and US$33.87 billion, respectively.