Vietnam’s export turnover exceeds US$80bn

  • by VNBUSINESS
  • May 22, 2018

As of May 15, Viet Nam’s export turnover reached US$82.63 billion, a year-on-year increase of 18.7 per cent, according to the statistics of the General Department of Viet Nam Customs.

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By May 15, the FDI sector’s trade turnover was posted at $105.64 billion, a year-on-year increase of 13.2 per cent.

The country’s import turnover had reached $80.11 billion in the reviewed period, up by 10.4 per cent against the same period last year.

By the middle of May, the total trade turnover of Viet Nam had reached $162.74 billion, up by 14.4 per cent against the same period in 2017.

Although Viet Nam had a trade deficit of $1.37 billion in the first half of May, the country maintained a trade surplus of $2.5 billion since the beginning of the year until May 15.

In the reviewed period, the foreign direct investment (FDI) sector’s trade turnover was posted at $105.64 billion, a year-on-year increase of 13.2 per cent. This sector recorded a trade surplus of $465 million in the first half of May, increasing its trade surplus to $1.41 billion by May 15.

The FDI sector’s export turnover by May 15 was posted at $58.52 billion, increasing by 18.6 per cent year-on-year and accounting for 70.8 per cent of the country’s export turnover.

FDI sector’s import turnover was reported at $47.11 billion, a year-on-year increase of 7.2 per cent and accounting for 58.8 per cent of the country’s import turnover. 

Source: VietNamNet

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