Country records USD500 million in trade surplus

Monday, 30/09/2019 19:53
Vietnam’s trade balance of goods in September 2019 saw an estimated surplus of USD500 million, bringing the figure for the Jan-Sep period to more than USD5.8 billion, a year-on-year decrease of 9.6%, according to statistics of the General Department of Customs.

August sees trade surplus of USD1.7 billion

Agro-forestry-fishery enjoys over USD6 billion trade surplus in 8 months

Vietnam books USD1.8 billion trade surplus in seven months

 

Photo for illustration. (Source: VNA)

This month, total import and export turnover was estimated at USD45.5 billion, down 5.9% from the previous month, in which export value reached USD23 billion, down 11% and imports were valued at USD22.5 billion, up 0.2%.

In the nine months, the country’s export and import turnover totaled USD382.72 billion, up 8.5% over a year earlier, including USD194.3 billion worth of exports, up 8.2% and USD188.42 billion of imports, up 8.9%.

Specifically, crude oil export saw decrease tendency with 260,000 tons in September, down 30.8%; valued at USD120 million, down 28.9%.

Export value of wood and wooden products posted an estimated USD850 million, down 9.1% from the previous month, bringing the figure for the nine months to USD7.46 billion, up 17%. Meanwhile, garment and textile exports represented a year-on-year rise of 10.4% at USD24.8 billion.

Amount of imported petrol and oil in September was estimated 750,000 tons, down 13.6% compared to the same month last year, worth USD435 million, down 14%.

By the end of September, 109,000 CBU cars of all kinds were imported, worth USD2.4 billion./.

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