February 2018: Balance of trade in goods is estimated at a surplus of $ 900 million
Monday, March 19,2018AsemconnectVietnam - In February, the total value of exports and imports of goods in Vietnam was estimated at $ 25.9 billion, down 35.7% against January 1, 1818 (of which export value was estimated at $ 13.4 billion, decreased 33.7%, import value was estimated at $ 12.5 billion, down 37.6% against January 1/1818).
The balance of trade in goods is estimated at $ 900 million in surplus, as of February 2018. Accordingly, raising Vietnam's surplus to the end of February 2018 reached $ 1.08 billion.
According to statistics of the General Department of Customs, many major export items in February 2018 estimated reduction in export value over the previous month. Inside:
Telephone devices and components estimated export value reached $ 2.7 billion, down 31.4% over the previous month. Estimated to end of February 2018 reached $ 6.63 billion, up 41.7% over the same period last year.
Textiles and garments are estimated at US $ 1.8 billion, down 27.7% from the previous month. Accumulation of the first two months of 2018 is estimated at $ 4.3 billion, up 22.3% over the same period last year.
Computers, electronic products and components estimated export value in the month reached $ 1.6 billion, down 32.4% over the previous month.
Footwear export value in the month was estimated at $ 850 million, down 40% from the previous month. Accumulated 2 months is estimated at $ 2.27 billion, up 11.9% over the same period last year.
Aquatic products estimated export value is $ 420 million, down 37.3%.
The Machinery, equipment, tools and spare parts estimated import value in the month was $ 2 billion (down 31.4%); Telephone types and components estimated import value in the month was $ 750 million (down 52.5%); Petroleum products imported in the month were estimated at 950 thousand tons (down 26.4%) and valued at 624 million USD (down 21.1%); Iron and steel of various categories estimated import value in the month was 800 thousand tons (down 31.2%) and value was 558 million USD (31% decrease); Raw materials estimated import value in the month was 270 thousand tons (down 45.6%) and value was 420 million USD (down 44.5%); Other common metals estimated import value in the month was 25 thousand tons (down 80, 4%) and $ 353 million (down 30.8%); Raw materials for textiles, apparel, leather and footwear were estimated at US $ 260 million (down 40.6% yoy).
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