Trade surplus exceeds US$ 1.4 bln in Q1
Tuesday, April 16,2019
AsemconnectVietnam - In March, Viet Nam ran a trade surplus of US$ 1.6 billion, resulting in a trade surplus of US$ 1.4 billion in the first quarter of 2019, the General Department of Viet Nam Customs (GDC) reported.
The GDC officially announced the preliminary statistics report on Viet Nam's trade activities in March, 2019.
Accordingly, in the third month, export turnover hit US$ 23 billion, bringing the total export revenue to US$ 58.86 billion, representing a year-on-year growth of 5.3%.
March's export revenue marked the highest level with US$ 23 billion, followed by US$ 8.9 billion in February and US$ 700 million in January.
In Q1, ten exports joined the US$ 1 billion export turnover club in which the group of telephones and spare parts took the lead with US$ 12.13 billion of export turnover.
On the other hand, in March, import revenue valued US$ 21.15 billion, bringing the total import turnover to US$ 57.44 billion, up 8% against the same period last year.
In Q1, up to 12 commodities witnessed above US$ 1 billion import turnovers especially computers, electronic devices and spare parts with nearly US$ 11.8 billion, up 13.1% against the same period last year.
Generally, Viet Nam ran a trade surplus of US$ 1.6 billion in March and US$ 1.4 billion in Q1, 2019.
Earlier, the General Statistics Office (GSO) reported that Viet Nam ran a trade surplus of US$ 536 million in Q1. The GDC's data on trade surplus was three times higher than that of the GSO.
Source: Reuters.com
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