Trade turnover surges at two-digit rate in May
VGP – The turnovers of import and export in May jumped by 18.4% and 10.6% respectively against the earlier month, making a new record high since the beginning of 2010, said the General Department of Việt Nam Customs (GDC).
|
|
|
Illustration photo |
In the second half of May, trade activities unexpectedly rebounded with US $3.3 billion of export turnover and US $3.7 billion of import turnover.
In the first five months, the export turnover reached around US $26.13 billion, a year-on-year increase of 13.9%. Meanwhile, the import turnover stood at US $31.66 billion, up 31.6% against the same period last year.
These figures are higher than the earlier forecasts given by the Ministry of Industry and Trade and the General Statistics Office.
Noticeably, among Việt Nam’s 35 groups of exports, the turnover of precious stones and metals witnessed the biggest surge at 14.5 times with US $884 million revenue. Export volumes of transport vehicles and spare parts, crude oil, garments and textiles, footwear and coal continued increasing.
In May, Việt Nam chiefly imported motorbikes (up 44%), vegetables and liquefied natural gas (up 50%), and cars (up 44%).
According to the latest report of the GDC, the trade gap in May and the first five months were US $871 million (the record low since early 2010) and US $5.53 billion respectively.
By Kim Loan
