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Nearly US$ 2.9 billion of trade surplus in first 8 months 

 Friday, September 30,2016

AsemconnectVietnam - Vietnam got the trade surplus of $ 2.87 billion in the first 8 months of this year as the exports of goods increased.

In the first 8 months of this year, the country’s imports of goods also increased slightly over the same period last year.  

 
Export turnover totaled $ 223.55 billion in first 8 months

Vietnam’s trade turnover totaled US$ 223.55 billion in the first 8 months of this year, up by 3.3 per cent or over $ 7.13 billion over the same period last year, according to the import export statistics figures of the General Department of Customs.

In the first 8 months of this year, the import and export revenue of FDI enterprises reached $ 143.94 billion, up by 4.9 per cent year – on – year. Of the figure, the export turnover was at $ 78.97 billion, up by 9.3 per cent while the import value was at $ 64.97 billion, up by 0.1 per cent. So the FDI sector got the trade surplus of over $ 14 billion in the first 8 months of this year. 

By the end of August, Vietnam’s total export turnover reached nearly $ 113.21 billion, up by 6.4 per cent or over $ 6.82 billion year – on – year.

The country’s total import value in the first 8 months of this year was at over $ 110.34 billion, slightly increased by 0.3 per cent or $ 311 million compared with the same period of 2015.

Meanwhile, the import and export revenue of domestic enterprises reached $ 79.61 billion, slightly increased by 0.5 per cent year – on – year. Of the figure, the export turnover was at $ 34.24 billion, up by 0.4 per cent while the import value was at $ 45.37 billion, up by 0.6 per cent. So the domestic sector got the trade deficit of $ 11.13 billion in the first 8 months.

In August only, the country’s import and export revenue reached nearly $ 31.62 billion, up by 8.1 per cent or $ 2.37 billion compared with the previous month.

Of the figure, the export turnover was at nearly $ 16.1 billion, up by 8 per cent or nearly $ 1.19 billion compared with the previous month, while the import value reached over $ 15.52 billion, up by 8.2 per cent or nearly $ 1.18 billion month – on – month.

The country’s export of telephones and accessories hit $ 2.91 billion in August and $ 22.56 billion in the first 8 months of this year, up by 8.4 per cent and 11.9 per cent, respectively over the same period of 2015.

The main export markets of telephones and accessories of Vietnam in the first 8 months of this year were the EU with $ 7.1 billion; the U.A.E - $ 2.89 billion; and the U.S - $ 2.67 billion. 

The exports of textiles and garments reached $ 2.47 billion in August and $ 15.64 billion in the first 8 months of this year, up by 6.7 per cent and 5.5 per cent, respectively over the same period last year. 

In the period, the country’s exports of textiles and garments to the U.S hit $ 7.64 billion; that to the EU - $ 2.38 billion; to Japan - $ 1.88 billion; and to South Korea - $ 1.39 billion.

Meanwhile, the exports of computers and electronics was at $ 1.73 billion in August and $ 11.47 billion in the first 8 months of this year, up by 14 per cent and 11.6 per cent, respectively year – on – year. 

The main export markets of computers and electronics in the first 8 months of this year included the EU with $ 2.33 billion; China - $ 2.02 billion; the U.S - $ 1.89 billion; and Hong Kong - $ 978 million.

K.Cuc

Source: thuongmai.vn/doanhnghiepvn.vn/ Baohaiquan

 

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