AsemconnectVietnam - Vietnam’s trade turnover in the first seven months of this year hit nearly US$ 166.37 billion, increased by 13.2 per cent or over $ 19.35 billion over the same period of 2013, according to the import and export statistics figures released by the General Department of Customs.

In the second half of July, the trade turnover of the country reached $ 13.9 billion, up by 16.7 per cent or over $ 1.99 billion compared with the first half of the month.

Export:

Vietnam exported $ 7.09 billion worth of goods in the second half of July, up by 21.7 per cent or over $ 1.26 billion compared with the first half of the month.

The rise was attributed to the rising export of mobile phones and accessories, which was up by $ 338 million; that of textiles and garments – up by $ 103 million; footwear of all kinds – up by $ 100 million; computers, electronic products and components – up by $ 82 million; seafood – up by $ 74 million; machinery, equipment, tools and spare parts – up by $ 67 million; crude oil – up by 58 million; means of transport and spare parts – up by $ 49 million.

However, the export of handbags, wallets, suitcases, hats and umbrellas saw a decrease of $ 8 million; that of rice – down by $ 7 million; precious stones, metals and products – down by $ 5 million.

By July 31, 2014, the country’s export turnover totaled over $ 83.98 billion, up by 14.37 per cent or over $ 10.78 billion compared with the same period last year.

The export turnover of the FDI sector reached $ 51.65 billion in the first seven months of this year, up by 16.6 per cent or nearly $ 7.37 billion year – on – year and accounted for 61.5 per cent of the total.

Import:

Vietnam imported $ 6.81 billion worth of goods in the second half of July, up by 12 per cent or $ 728 million compared with the first half of the month.

In the second half of July, the import of computers, electronic products and components – up by $ 175 million; petroleum of all kinds – up by $ 150 million; crude oil – up by $ 87 million; iron and steel of all kinds – up by $ 47 million; iron and steel products – up by $ 30 million.

The import of cattle feed and materials in the second half of July decreased by $ 26 million; that of oil and grease – down by $ 12 million; and cloth of all kinds – down by $ 12 million.

In the first seven months of this year, the country’s total import value reached nearly $ 82.39 billion, up by 11.6 per cent or over $ 8.57 billion compared with the same period of 2013.

The import value of the FDI sector hit $ 3.76 billion in the second half of July, up by 9.3 per cent or $ 319 million compared with the first half of that month.

The figures brought the total import value of the FDI sector in the first seven months of this year to over $ 46.17 billion, up by 10.5 per cent or over $ 4.4 billion year – on – year and accounted for 56 per cent of the country’s total import value.

K.Cuc

Source: Customs newspapers