450 billion USD of import-export turnover, trade surplus of over 9 billion USD

VCN-  In the first half of November, import-export turnover reached more than 22 billion USD.
tin nhap 20191128161649 Import-export turnover reaches 427 billion USD
tin nhap 20191128161649 Trade deficit reaches nearly 400 million USD in first half of October
tin nhap 20191128161649 Vietnam enjoys growing trade surplus of over US$6.8 billion
tin nhap 20191128161649
The scale of Vietnam's import-export turnover couldreach a new milestone of 500 billion USD in 2019. Photo: T. Binh

According to information published by the General Department of Customs on the afternoon of November 21, the total export turnover of Vietnam in the first 15 days of November reached 10.03 billion USD, thereby bringing the value from the beginning of the year to 229.82 billion USD.

Meanwhile, imports in the first half of this month reached 10.06 billion USD, bringing the total turnover from the beginning of the year to 220.64 billion USD.

Thus, by November 15, the total import-export turnover of Vietnam exceeded 450 billion USD.

In the first 15 days of this month, Vietnam had a trade deficit of about 300 million USD, but accumulated from the beginning of the year, the country still had a trade deficit of nearly 9.2 billion USD.

Up to now, there are 5 groups of export goods worth tens of billions of dollars, including telephones and components; computers, electronic products and components; textile; footwear; machinery, equipment, tools and spare parts with the results respectively: 46.32 billion USD; 30.7 billion USD; 28.54 billion USD; 15.64 billion USD; and 15.6 billion USD.

Regarding the import-export market of Vietnam, the General Department of Custom’s update of the end of October, Vietnam's import and export of goods to Asia reached 280.35 billion USD, up 5.8% over the same periodin 2018, accounting for 65.4% of the country's total turnover.

Of which, export value is 111.93 billion USD, up by 2.8% and import value is 168.42 billion USD, up by 7.8%.

In particular, imports from Asia accounted for 80.3% of total import turnover in the same period.

China, South Korea and Japan accounted for over 56% of total import turnover of the country with the proportion of 29.6%; 18.8% and 7.7%.

The first 10 months of 2019 also recorded a trade turnover between Vietnam and the Americas reaching 79.43 billion USD, up 22% over the same period in 2018, the continent with the highest growth rate.

Import-export turnover between Vietnam and other continents is respectively: Europe reached 54.81 billion USD, up 3.3%; Oceania reached 8.05 billion USD, up 5.4% and Africa reached nearly 6 billion USD, down slightly by 1%.

By Thai Binh/ Phuong Thao

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