Tuesday, October 17,2017 - 14:45 GMT+7  Việt Nam EngLish 

Trade deficit reached US$ 1.94 billion in first quarter 

 Monday, April 17,2017

AsemconnectVietnam - Vietnam’s import and export revenue of Vietnam in the first 3 months of this year reached $ 91.21 billion, up by 19.9 per cent or nearly US$ 15.16 billion over the same period last year, according to the figures of the General Department of Customs.

Of the figure, the import and export revenue of the FDI enterprises was estimated at nearly $ 59.12 billion, up by 18.8 per cent or over $ 9.35 billion year – on - year.
The figures of the General Department of Customs also showed that the country’s total imports and exports in the second half of March (from March 16 to March 31, 2017) hit nearly $ 19.02 billion, up by 14.5 per cent compared with the first half of March.
The import and export revenue of the FDI enterprises reached over $ 12.49 billion, up by 17 per cent compared with the first half of March.
The country’s trade deficit totaled $ 1.94 billion in the first three months of this year, equivalent to 4.3 per cent of the total export turnover.
Exports:
Vietnam’s total exports in the second half of March reached nearly $ 9.44 billion, up by 20.8 per cent or nearly $ 1.63 billion compared with the first half of March.
The increase was attributed to the rising exports of cell phones and accessories – up by 37.2 per cent or $ 485 million; machines, equipment and spare parts – up by 24.2 per cent or $ 122 million; footwear of all kinds – up by 21.7 per cent or $ 107 million; computers, electronics and components – up by 10.2 per cent or $ 107 million; textiles and garments – up by 10.3 per cent or $ 103 million.
By the end of the first quarter, the country’s export turnover totaled nearly $ 44.64 billion, up by 15.1 per cent or $ 5.86 billion compared with the same period of 2016.
The export turnover of the FDI enterprises reached over $ 6.67 billion in the second half of March and $ 31.32 billion the first quarter of this year, up by 14.8 per cent year – on – year and accounted for 70.2 per cent of the total.
Imports:
The country’s import value reached nearly $ 9.58 billion in the second half of March, up by 8.9 per cent or $ 783 million compared with the first half of March.
In the second half of March, the imports of computers, electronics and components increased by 21.9 per cent or $ 295 million; machines, equipment and spare parts – up by 11.1 per cent or $ 172 million; cloth of all kinds – up by 29.1 per cent to $ 127 million; cell phones and accessories – up by 11 per cent or $ 60 million; coal –up by 54.4 per cent or $ 46 million while the imports of petroleum of all kinds decreased by 9.3 per cent or $ 32 million; iron and steel of all kinds – down by 6.7 per cent or $ 30 million; auto components and spare parts – down by 13.4 per cent or $ 23 million.
By the end of March, the country’s import value totaled over $ 46.57 billion, up by 24.9 per cent or nearly $ 9.3 billion compared with the same period of 2016.
The import value of the FDI enterprises reached nearly $ 27.8 billion in March, up by 23.6 per cent or $ 5.31 billion compared with the previous month.
CK
Source: baohaiquan.vn

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