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| Import and export of goods exceeds 550 billion USD (Source: vneconomy) |
Specifically, export turnover in October reached 32.31 billion USD, up 5.3% from the previous month. The domestic economic sector earned 8.49 billion USD, up 5.7%, while the foreign-invested sector (including crude oil) earned 23.82 billion USD, up 5.2%.
The export turnover increased by 5.9% from the same period last month, in which the domestic economic sector had an export turnover increase of 15.1% while the foreign-invested sector (including crude oil) enjoyed a rise of 3%.
In the first 10 months, export turnover was estimated at 291.28 billion USD, down 7.1% compare to the same period last year.
During the period, 33 commodities bagged more than 1 billion USD of turnover each, accounting for 92.9% of the total export turnover. Of these, 7 commodities earned more than 10 billion of export turnover each.
Conversely, import turnover of goods in October was estimated to reach 29.31 billion USD, up 2.9% from the previous month.
Of this, the domestic economic sector reached 10.36 billion USD, up 3.7%, while the foreign-invested sector reached 18.95 billion USD, up 2.4 %.
Compared to the same period last year, import turnover rose by 5.2%, of which the domestic economic sector increased by 8.5%; the foreign-invested sector soared by 3.5%.
In the first 10 months of this year, import turnover of goods was estimated to reach 266.67 billion USD, down 12.3% from the same period last year.
During the period, 41 commodities had import turnover of more than 1 billion USD each, making up 91.4% of the country’s total import turnover. Of these, 3 commodities had import turnover of more than 10 billion USD each, making up 43.4%.
Overall, the trade balance of goods was estimated to have a surplus of 24.61 billion for the first 10 months of this year, while the same period last year saw a trade surplus of 9.56 billion USD./.