In terms of export markets, the United States remains Vietnams largest export market with a seven month turnover of $ 23.4 billion, up 9.9% over the same period last year; Followed by the EU with $ 21.5 billion, up 12.8%; China reached $ 15.5 billion, up 42.6%; ASEAN reached $12.3 billion, up 27.1%; Japan reached $ 9.6 billion, up 20.6%; Korea reached $ 7.6 billion, up 26.4%.

Generally for 7 months, import turnovers were estimated at $ 118.3 billion, up 24% over the same period last year, of which the domestic economic sector gained $ 46.9 billion, up 18.4%; the foreign invested sector reached $ 71.4 billion, an increase of 28.1%.

 Regarding import market, China remains the largest import market of Vietnam with the turnover of USD 31.7 billion, up 15.8% over the same period of 2016; Korea followed with $ 26.7 billion, up 50.8%.

In 7 months 2017, Vietnam trade deficit from China 16.3 billion, down 1.7% over the same period in 2016; Trade deficit from Korea was 19 billion USD, an increase of 63.5%.

ASEAN reached 16 billion USD, up 19.7%; Japan reached $ 9.2 billion, up 11.6%; EU reached 6.8 billion USD, up 14.8%; The United States reached $ 5.5 billion, an increase of 22.7%.

Generally, in 7 months 2017, trade deficit was 3.08 billion USD, equaling 2.7% of the total export turnover, of which the domestic economic sector had trade deficit of 14.77 billion USD; Foreign invested sector (including crude oil) surpassed USD 11.69 billion.

Source: General Statistics Office