Photo for ilustration (Source: VNA)

 

In the 8-month period, export value was estimated at USD169.98 billion, up 7.3 percent on a yearly basis. The domestic sector earned USD52.04 billion, up 13.9 percent, which was much higher than the 4.6 percent growth posted by the foreign-invested sector.

The share of the domestic sector in national export value also rose to 30.6 percent, compared to only 28.8 percent in the same period last year.

Meanwhile, the foreign-invested sector earned USD117.94 billion, accounting for 69.4 percent of the national figure, and up 4.6 percent year on year.

Twenty six export items earned more than USD1 billion each for the country, and together they accounted for 89.5 percent of the total export value.

In the period, the US was the biggest export market, buying USD38.6 billion worth of Vietnamese goods, up 25.3 percent year on year. It was followed by the EU with USD27.7 billion, down 0.5 percent. China came third with 23.8 percent, down 2.5 percent, and the ASEAN was next with USD17.3 billion, up 3.6 percent.

The country spent USD166.58 billion on imports in the 8-month period, up 8.5 percent from the same period last year, with the domestic sector spending USD70.43 billion (up 13.9 percent) and the foreign-invested sector, USD70.43 billion (up 4.8 percent).

China was the leading import market of Vietnam, selling USD49.2 billion worth of products to Vietnam, up 18.2 percent, while the Republic of Korea came second with USD31 billion, down 0.3 percent.

Next came the ASEAN with USD21.6 billion, up 4.6 percent, and Japan with USD12.4 billion, up 0.6 percent./.

CPV/VNA