Import-export turnover rises by over 15% after 4 months

Products with export turnover of more than 1 billion USD in the first 4 months are electronics, computers and components; weaving, and sewing. (Photo: The Saigontimes)

In the period, the trade balance of goods had a surplus of 8.4 billion dollars.

Specifically, during this period, export turnover of goods was estimated at 123.64 billion USD, a year-on-year increase of 15%. The whole country had 21 products with export turnover of more than 1 billion USD, accounting for 86.4% of the total export turnover. Some of these items are electronics, computers and components; other machinery, equipment, tools and spare parts; phones and components; textile; and footwear.

Import turnover of goods was estimated at 115.24 billion USD, a year-on-year increase of 15.4%. The whole country has 20 imported items worth more than 1 billion USD, accounting for 78.9% of the total import turnover. Of which, two imported items hit more than 5 billion USD, including electronics and computers and components; and machinery, equipment, tools and spare parts.

In terms of market, the US is Vietnam’s largest export market with an estimated turnover of 34.1 billion USD. It was followed by China with 18 billion USD and the EU with 16.4 billion USD.

China is also Vietnam’s largest import market with an estimated turnover of 41.6 billion USD./.