First half: Exports and imports hit record high

Wednesday, 03/07/2019 16:41
Export and import turnover totaled USD245.48 billion in the first half of the year, the highest rate in the first six months to date, according to General Statistics Office.

Vietnam’s export and import turnover hits USD38.3 billion in January

Fruit and vegetable exports hit USD2 billion in the six months

Specifically, fruit and vegetable exports saw good signs, reaching more than USD2 billion for the first time.

Trade balance had a low trade deficit of USD34 million, equivalent to 0.03% of the total. Of this, the domestic economic sector had trade deficit of USD15.72 billion, while trade surplus of foreign-invested sector (including crude oil) was USD15.68 billion.

In the second quarter, export turnover was estimated USD63.86 billion, up 9.3% from the same period last year and up 8.5% from the first quarter. Notably, 11 commodities earned export value of more than USD1 billion during the period, equivalent to 73.6% of the total export turnover.

In the first half, export turnover reached an estimated USD122.72 billion, up 7.3% from the same period last year; including USD36.82 billion of the domestic economic sector, equivalent to 30% of the total export turnover. 22 commodities earned export value of more than USD1 billion, equivalent to 86.9% of the total.

Meanwhile, imports of commodities were valued at USD122.76 billion, up 10.5% from the same period last year; including USD52.54 billion of the domestic economic sector, up 14.4% and USD70.22 billion of the foreign-invested sector, up 7.8%. About 26 commodities bagged export turnover of more than USD1 billion, equivalent to 84.7% of the total./.

BTA

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