Country enjoys USD1.3-billion trade surplus in first quarter

Friday, 30/03/2018 22:25
Vietnam’s commodity export and import turnover reached an estimated USD38.8 billion in March, up 36.8% from the previous month, reported General Department of Customs.


Of this, export turnover is estimated at USD19.8 billion, up 38.2% and imports were valued at USD19 billion, up 35.4%.

For exports, the turnover increase was due to growth in major commodities such as: telephone of all kinds and components at USD5 billion (up 47.1%), garments and textiles at USD2.2 billion (up 35%), computer, electronic products and spare parts at USD2.2 billion (up 28%) and footwear at USD1.2 billion (up 43.3%).

For imports, this month also recorded sharp growth of some commodities, such as: computer, electronic products and spare parts USD3.6 billion (up 18.7%), telephone of all kinds and components USD1.1 billion (up 43.5%), petrol and oil of all kinds USD800 million (up 20.9%).

In the first quarter, the total import and export turnover was estimated at USD107.32 billion, up 17.7% over a year earlier. Of this, export turnover reached an estimated USD54.31 billion, up 22% and import turnover posted USD53 billion, up 13.6%.

On the whole, trade balance saw a plus of over USD1.3 billion by the end of March 2018./.

BTA

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