VN runs US$ 1.7 billion trade surplus in first seven months
09:29 | 14/08/2019

VGP – Viet Nam gained a trade surplus of US$ 1.7 billion in the first seven months of 2019, the General Department of Viet Nam Customs (GDVC) reported. 

In the second half of July, total trade turnover hit US$ 24.03 billion, up 10.8% against the first half of July. 

In the first seven months, trade value was US$ 298.2 billion, representing a year-on-year growth of 8.2%. 

In the reviewed period, total export and import value of the FDI sector touched US$ 182.1 billion, up 5.4% or equivalent to US$ 9.33 billion. Meanwhile, total trade turnover of the domestic sector was US$ 107.07 billion, posting a year-on-year growth of 13.3% (or US$ 12.53 billion). 

In the second half of July, trade surplus valued US$ 809 million, bringing total figure to US$ 1.7 billion in the first seven months. 

In the first seven months, mobile phones and spare parts were the biggest hard currency earner, followed by computers, electronic products, garments and textiles, footwear, furniture, transport vehicles, aquatic products, and steel. 

On the other hand, biggest import commodities included computers, electronics, machines, fiber, telephones, steel, plastic products, garment and textile materials, and petrol.

The GDVC reported that total export turnover valued US$ 12.42 billion in the second half of July, up 18.2% in the first half of July, bringing total export turnover to US$ 145.48 billion in the first seven months (representing a year-on-year growth of 7.8%).

Total import value was US$ 11.61 billion in the second half of July, bringing total figure to US$ 143.78 billion in the first seven months (posting a year-on-year increase of 8.6%)./.

By Khanh Phuong

  Reader opinion
 
Turn off Vietnamese typing Automatic typing Telex VNI VIQR  
Fullname Email address  
  Title
 
  Content