Vietnam’s trade surplus close to USD4 billion

Saturday, 22/10/2016 07:19
The latest statistics of the General Department of Vietnam Customs show that total trade turnover by the end of September reached nearly USD253.4 billion, a year-on-year rise of 3.9% at nearly USD9.5 billion.


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Of this, the FDI enterprises group made up 64.6% at USD163.75 billion, up 5.5% over a year earlier at more than USD8.47 billion.

During the period, Vietnam bagged some USD128.58 billion from exports, a year-on-year increase of 7% at nearly USD8.43 billion.

Three commodity groups with export turnover surpassing USD10 billion included telephones of all kinds and components (USD25.59 billion), garments and textiles (USD17.8 billion), and computers and spare parts (USD12.9 billion).

Meanwhile, the export value of agricultural products, wood and coffee saw slight increases.

Total import turnover in the nine months posted more than USD124.86 billion, up 0.9% compared to the same period last year at over USD1.07 billion.

Imports of computer, telecom products and components saw the sharpest increase, with 16% at USD20.1 billion.

Other commodity groups witnessed sharp import decreases such as machinery, equipment, tools and spare parts; telephones of all kinds and spare parts; petrol and oil, garment and textile materials.

Vietnam’s largest trade partners were still China, the US, the EU, Japan, ASEAN and the Republic of Korea.

In total, Vietnam gained a trade surplus of about USD3.72 billion in the nine months./.

BTA

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