Exports and imports of goods, services in the first six months of this year
Friday, July 13,2018AsemconnectVietnam - Vietnam’s export turnover of goods in the first six months of 2018 was estimated to reach US$ 113.93 billion, up 16% from the same period lin 2017, of which the domestic economic sector achieved US$ 33.07 billion, up 19.9% according to the General Statistics Office (GSO).
The FDI sector (including crude oil) gained US$ 80.86 billion (accounting for 71% of the total export turnovers), a 14.5% rise. If excluding the price factor, export turnover of goods in the first six months of the year increased by 15.2% over the similar period in 2017.
Imports of goods
Import turnover of goods in the first half of 2018 reached an estimate of US$ 111.22 billion, moving up by 10% from the same period last year, of which the domestic economic sector gained US$ 46.01 billion, climbing by 12.9%; the FDI sector achieved US$ 65.21 billion, jumping up by 8.1%. If excluding the price factor, import turnover of goods in six months grew by 8.9% compared with the similar period in 2017.
In the first half of the year, Vietnam had trade surplus of US$ 2.71 billion, of which the domestic economic sector had trade deficit of US$ 12.94 billion; the FDI sector (including crude oil) had trade suplus of US$ 15.65 billion.
Export and import of services
Service export turnover in the first half of 2018 were estimated to reach US$ 7.5 billion, up 16.4% compared with the same period in 2017, of which travel service exports gained US$ 5.2 billion (accounting for 69.1% of the total export turnovers), up 18.9%; transportation service exports achieved US$ 1.4 billion (accounting for 18.7%), increasing by 11.8%. Estimated service import turnover in six months reached US$ 8.8 billion, up 6.5% over the similar period last year, of which transportation service imports gained US$ 4.2 billion (accounting for 47.4% of the total import turnovers), up 7.5%; travel service imports attained US$ 2.7 billion (making up 31%), rising by 9.4%. Trade deficit of services in six months was US$ 1.3 billion, equalling 18% of the service export turnovers.
Source: The General Statistics Office
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