Trade News

  • Exports and imports of goods in two beginning months of 2017

  • Wednesday, 3/15/2017

  • AsemconnectVietnam - Generally, in two beginning months of the year, export turnovers were estimated to reach US$ 27.3 billion, up 15.4% over the same period in 2016, of which the domestic economic sector achieved US$ 7.6 billion, a growth of 12.2%; the FDI sector (including crude oil) gained US$ 19.7 billion, 16.8% increase.

  • About the export market in two beginning months of this year, the United States was still the biggest export market of Vietnam with the turnover of US$ 6 billion, a rise of 18.9% compared to the last year’s same period. Followings were EU with US$ 5.4 billion, an increase of 13.2%; China with US$ 3.3 billion, up 36.4%; ASEAN with US$ 2.9 billion, up 15.9%; Japan with US$ 2.3 billion, a rise of 15.3%; South Korea with US$ 1.9 billion, a rise of 31.9%.
     
    Generally, in two beginning months of the year, import turnovers reached an estimate of US$ 27.4 billion, up 19.6% from the same period last year, of which the domestic economic sector gained US$ 11.1 billion, up 22%; the FDI sector achieved US$ 16.3 billion, up 18%.
     
    About the import market in the first two months of the year, China was still the biggest import market of Vietnam with the turnover of US$ 8 billion, up 23.8% against 2016’s corresponding period. The next were South Korea with US$ 5.6 billion, up 35%; ASEAN with US$ 3.6 billion, up 11%; Japan with US$ 2 billion, down 0.2%; EU with US$ 1.7 billion, up 24.6%; the United States with US$ 1.4 billion, up 31.4%.
     
    About the trade balance of goods in January 2017, trade surplus was US$ 1.15 billion. Estimated in February 2017, trade deficit was US$ 1.2 billion, of which the domestic economic sector had a trade deficit of US$ 2.12 billion; the FDI sector (including crude oil) had a trade surplus of US$ 925 million. In general, in two beginning months of 2017, trade deficit was US$ 46 million, of which the domestic economic sector had a trade deficit of US$ 3.48 billion; the FDI sector (including crude oil) had a trade surplus of US$ 3.43 billion.

     Source: General Statistics office

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