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Vietnam : March, 2018: Balance of trade saw surplus of $ 800 million 

 Saturday, April 14,2018

AsemconnectVietnam - In March, the trade surplus of Vietnam was estimated at $ 800 million.

Major exports in March include: telephones and components; textiles; computers, electronic products and components; footwear; wood and wood products; aquatic products; the coffee; crude oil. Inside:

Telephone and other components estimated export value in the month was $5 billion, up 47.1% over the previous month. The estimated figure for the first quarter of 2018 was $12.33 billion, up 58.8% over the same period last year.

The exports of textiles and garments in March reached $ 2.2 billion, up 35% over the previous month. Total export turnover from textiles and garments in the first three months was estimated at $ 6.3 billion, up 12.9% over the same period last year.

Meanwhile, the exports of computers, electronic products and components were estimated at $ 2.2 billion, up 28% over the previous month. Total export turnover from textiles and garments in the first quarter of 2018 was estimated at over $ 6.2 billion, up 13.2% over the same period last year.

The exports of wood and furniture were estimated at $ 700 million, up 60.1% over the previous month. Total export turnover in the first quarter was estimated at $ 1.91 billion, up 8% over the same period in 2017.
Crude oil exports were estimated at 292,000 tons worth of $ 143 million in March and 964,000 tons, valued at $ 509 million in the first quarter of this year, down by 36.5% in volume and 21.1% in value over the same period in 2017.

In the month, the import value of some items increased compared to last month. Typically: the imports of machines, equipment, tools and spare parts reached $ 2.5 billion (up 26.8 per cent); telephones and components - $ 1.1 billion (up by 43.5 per cent); computers, electronic products and components -$ 3.6 billion (up by 18.7 per cent); petroleum products - 1.3 million tons worth of $ 800 million (up by 23.9 per cent in volume and 20.9 per cent in value); textile, garment, leather and footwear materials - $ 450 million (up by 43.1 per cent); raw materials - $ 500,000 tons, valued at $ 800 million (up by 53.3 per cent in volume and up 54.9 per cent in value).
Source: VITIC/Reuters.com 

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