Customs sector collects more than VND 34,000 billion in July

Imported car is one of the items that contribute the largest revenue of the Customs sector in the first 7 months of the year. Photo: T.Bình.

With the results in July, the total revenue collection of the whole sector in the first seven months of the year reached VND 230,538 billion, equaling 73.2% of current appropriation, equivalent to 69.6% of the assigned target, up 31.53 % compared to the same period last year.

In July, the total import and export turnover of Vietnam's goods was estimated at $53.5 billion, down by 2.5% compared to the previous month.

In which, exports were estimated at $26 billion, falling by 4.4%, and imports were estimated at $27.5 billion, down by 0.6%.

Compared with the same period last year, the total import-export turnover of Vietnam was calculated at $371.16 billion, a sharp increase of 29.5%.

Exports were estimated at $184.33 billion, increasing by 24.8% and imports were estimated at $186.83 billion, rising by 34.4%.

Vietnam's merchandise trade balance in July is estimated to suffer a deficit of $1.5 billion. Thereby, raising the deficit in the first seven months of the year to $2.5 billion, in contrast to the trade surplus of $8.7 billion in the first seven months of last year.