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Exports and imports of goodsin seven months of 2018 

 Tuesday, August 14,2018

AsemconnectVietnam - Vietnam’s export turnovers of goods was estimated to reach US$133.69 billion in seven months of 2018, a rise of 15.3% compared with the same period in 2017 according to the General Statistics Office (GSO).

Of which the domestic economic sector achieved US$39.03 billion, moving up by 18.7%; the FDI sector (including crude oil) gained US$94.66 billion (accounting for 70.8% of total export turnovers), increasing by 14%.
 
About the merchandize export market in seven months, the United States was the biggest export market of Vietnam with the turnover of US$25.5 billion, up 8.9% over  the same period last year; followed by EU with US$24.2 billion, increasing by 12.9%; China with US$19.5 billion, a rise of 24.7%; ASEAN with US$14.2 billion, an increase of 16.2%; Japan with US$10.4 billion, moving up by 10.2%; South Korea with US$10.2 billion, a growth of 31.9%.
 
Generally, in seven months, import turnovers of goods reached an estimate of US$130.63 billion, up 10.2% from the same period last year, of which the domestic economic sector gained US$54.16 billion, up 12.7%; the FDI sector achieved US$76.47 billion, up 8.5%.
 
About the merchandize import market in seven months, China was still the biggest import market of Vietnam with turnover of US$35.8 billion, up 13.1% against the corresponding period in 2017; followed by South Korea with US$26.5 billion, increasing by 0.2%; ASEAN with US$18.1 billion, climbing by 13.5%; Japan with US$10.4 billion, 12.8% increase; the United States with US$ 7 billion, jumping up by 25.7%.
 
Generally, in seven months, the balance of trade maintained trade surplus with US$3.1 billion, of which the domestic economic sector had trade deficit of US$15.1 billion; the FDI sector (including crude oil) had trade surplus of US$18.2 billion.
 
Source: General Statistic Office

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