Photo for illustration
Specifically, the domestic economic sector had a trade deficit of USD11.1 billion while the foreign-invested sector, including crude oil, recorded a trade surplus of USD17.6 billion.
The office said that export turnover of goods in July was estimated at USD23 billion, a 1.9 increase against June. Of which, the domestic economic sector bagged USD8.5 billion, up 12.6%, while the foreign-invested sector, including crude oil, earned USD14.5 billion, up 1.5%.
Compared to the same period last year, export turnover this month increased slightly by 0.3%; including an increase of 10.6% of the domestic economic sector and a reduction of 4.9% of the foreign-invested sector
In the seven months, export turnover reached an estimated USD145.79 billion, a year-on-year rise of 0.2%. This figure includes USD50.76 billion of the domestic economic sector, up 13.5%, and USD95.03 billion of the foreign-invested sector (including crude oil), down 5.7%.
During the period, 23 commodity items bagged an export turnover of over USD1 billion, accounting for 87% of the total. Of this, telephones and components had the highest turnover of USD25.7 billion. It was followed by electronics, computers and devices, USD23.1 billion; garments and textiles, USD16.2 billion; machinery, equipment, and spare parts, USD12.4 billion; and footwear, USD9.5 billion.
Most agricultural products saw reduction in export turnover compared to the same period last year./.