According to the GSO, in the first 6 months of 2020, total import and export turnover of goods reached USD238.4 billion, a year-on-year reduction of 2.1%.

Of which, the export turnover was estimated at USD121.21 billion, down 1.1% from the same period last year. Export of the domestic economic sector was worth USD41.38 billion, an increase of 11.7%, accounting for 34.1% of total export turnover; and that of the FDI sector (including crude oil) reached USD79.83 billion, down 6.7%, accounting for 65.9%.

There were 22 items with export turnover of over USD1 billion, accounting for 86.2% of total export turnover. Leading the list is phones and components with USD21.5 billion; followed by electronics, computers and components with USD19.3 billion; textile and garment, machinery, equipment and spare parts with USD13.1 billion. The commodity groups with export turnover of less than USD10 billion but higher than USD1 billion included footwear, wood and wood products, means of transport and spare parts, and seafood.

Meanwhile, in 6 months, import turnover was estimated at USD117.17 billion, a year-on-year reduction of 3%. There were also 22 imported products with a value of over USD1 billion, accounting for 81.2% of total import turnover.

On June 29th, the Ministry of Agriculture and Rural Development reported that in the first 6 months, the export turnover of agriculture, forestry and fishery products was estimated at USD18.81 billion, with a trade surplus of USD4.5 billion./.

Compiled by BTA