As of the end of February 2018: Import and export turnover reached US$ 68.51 billion
Monthly Export and Import turnover from February 2017 to February 2018. |
As of the end of February 2018, export turnover of the country reached US$ 68.51 billion, increasing by 23.1% compared to the same period in 2017. Of which, export turnover reached US$ 34.51 billion, increasing by 25.8 % and import turnover reached US$ 34 billion, increasing by 20.4% compared to the same period in 2017.
Trade balance in February 2018 had a surplus of US$ 294 million, thereby, bringing the trade balance in the first two months of 2018 for the country to a surplus of US$ 504 million.
Export turnover of FDI sector in February of 2018 was nearly US$ 18.93 billion, decreasing by 26.7% compared to the previous month. Thereby, taking import and export turnover of FDI sector in the first two months of 2018 to US$ 44.78 billion, increasing by 24.4%, equivalent to nearly US$ 8.8 billion.
Trade balance of FDI sector in February 2018 attained a surplus of US$ 1.92 billion, bringing the trade balance in the first two months of 2018 to a surplus of US$ 4.28 billion.
Vietnam’s total import and export turnover in the second half of February 2018 reached US$ 5.13 billion, decreasing by 44.2% (equivalent to US$ 4.07 billion) compared to the first half of February 2018.
Export turnover in the second half of February 2018 decreased compared to the first half of February 2018, mainly due to increases in some commodity groups as follows: textiles and garments down 78.4%, equivalent to US$ 1.05 billion; Footwear down 58.3%, equivalent to US$ 345 million; Computers, electronic products and parts down 32.6%, equivalent to US$ 334 million; Wood and Wooden products down 76.1%, equivalent to US$ 269 million; Phones and parts down 12%, equivalent to US$ 218 million.
Hence, as of the end of February 2018, Vietnam’s total import and export turnover reached nearly US$ 34.51 billion, an increase of 25.8%, equivalent to US$ 7.08 billion compared to the same period in 2017.
According to the statistics from the GDVC, the export turnover of FDI sector in the second half of February 2018 was US$ 3.99 billion, a decrease of US$ 2.46 billion compared to the first half of February 2018. Thereby, bringing total import and export turnover in the first two months of 2018 for this sector to US$ 24.53 billion, an increase of 27.5% compared to the same period in 2017, accounting for 71.1% of total export turnover of the country.
Import and Export turnovers in the first two months of 2017 reached more than $US 55.66 billion VCN- According to statistics of import and export goods of the General Department of Vietnam Customs, the ... |
For imports, Vietnam’s total import turnover in the second half of February 2018 was US$ 6.4 billion, decreasing by 17.4% (equivalent to US$ 1.35 billion) compared to the first half of February 2018.
Import turnover in the second half of February 2018 decreased compared to the first half of February 2018, mainly due to the increase/ decrease of some commodity groups such as: Machinery, equipment, tools and parts down 24.5%, equivalent to US$ 275 million; Computers, electronic products and parts down 12.8%, equivalent to US$ 208 million; Iron and Steel down 32.4%, equivalent to US$ 123 million; Petroleum products down 26.1%, equivalent to US$ 104 million; Plastic products down 41.9%, equivalent to US$ 103 million.
Thus, as of the end of February 2018, total import turnover of the country reached US$ 34 billion, up 20.4% (equivalent to US$ 5.77 billion) compared to the same period in 2017.
Import turnover of FDI sector reached US$ 4 billion, down 12.3%, equivalent to US$ 560 million compared to the first half of February 2018, bringing total import turnover of FDI sector in February 2018 to US$ 20.25 billion, up 21%, equivalent to US$ 3.52 billion compared to February 2017.
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