Trade deficit starts soaring in half May

In the first half of May, trade deficit amounted to US$830 million. Total trade volume reached US$11.06 billion.

Of the trade volume, export turnover fetched US$5.11 billion, down 5% against the same period last month while import volume reached US$5.94 billion, up 16.2% over the same period last month. 

Since the beginning of the year, total export-import turnover valued at US$89.94 billion, a year-on-year increase of 16.8%, including US$44.21 billion (up 16.4%) in export and US$45.73 billion (up 17.1%) in import. 

Viet Nam’s trade deficit of US$1.51 billion accounted for 3.4% of export turnover. /.

By Kim Anh