VN enjoys trade surplus in eight months
VGP – Viet Nam’s excess of exports over imports reached US$134 million in the first eight months of 2012, according to the Viet Nam Customs.
Illustration photo |
The export turnover in the recent eight months attained nearly US$74.1 billion, which has set a new record (higher than the whole year of 2010 with US$72.2 billion).
The export value in 2012 is expected to surpass $110 billion, higher than the plan set for the whole year.
The 8-month export turnover increased 19% against the same period last year. The export of cameras, film cameras and spare parts ranked the first with an increase of 241.3%, then followed by phones and components 136%, computers, electronics and spare parts 83.8%, fertilizers 68.6%, plastic 64.2%, electric wire and cable 49.3%, vehicles and accessories 47.6%.
Viet Nam has now 16 export commodities gaining a turnover of at least US$1 billion each and 24 export items named in the US$500 million turnover list.
The export value of garment takes lead with US $9.8 billion.
The country’s export turnover to 21 countries and territories achieved at least US$1 billion each. The US is the largest trading partner of Viet Nam with the total export value of $13 billion, followed by Japan nearly $8.7 billion, China US$8.4 billion, Republic of Korea $3.5 billion, Malaysia $2.9 billion, Germany $2.6 billion, Hong Kong $2.2 billion, and Cambodia $1.9 billion.
Among with Viet Nam is enjoying the excess of exports over imports at 53 out of 78 trading partner markets, including the US with more than US$9.71 billion, Hong Kong $1.6 billion, Cambodia $1.52 billion, the UK $1.5 billion, Germany $1.09 billion, United Arab Emirates $1.06 billion and Japan $1.04 billion.
By Thuy Dung