Export turnover exceeded the estimate, Vietnam’s trade surplus was US$ 2.55 billion
Vietnam earns US$6.15 billion from wood exports | |
Telephones and computers help Vietnam continues to trade surplus | |
Exporting to USA reaches nearly $US 31 billion |
The trade balance of Vietnam is strongly reversing in the last months of the year. In the photo: Import-export activities in Hai Phong port. Photo: T.Bình. |
The above result exceeded over US$ 800 million compared to the estimates launched by experts and managers in the end of October 2017, bringing trade surplus from Vietnam to US$ 2.55 billion.
Only in October, total export turnover of the country reached US$ 20.3 billion, an increase of 4.9% compared to the September and exceeding nearly US$ 1.9 billion compared to the import turnover of October.
5 commodity groups with a turnover of US$ 1 billion or more include: Mobile phones of US$ 5.257 billion; Computers, electronic products and parts of US$ 2.532 billion; Textiles and garments of US$ 2.227 billion; Foot- wears of US$ 1.182 billion; Machinery, equipment of US$ 1.134 billion.
In the end of October, the 3 largest export commodity groups contributed US$ 79.3 billion to the total export turnover of the country, of which mobile phones reached US$36.79 billion; Textiles and garments reached US$ 21.427 billion; Computers, electronic products, and parts reached US$ 21.062 billion.
Trade deficit is at $US 842 million by the end of 8/2017 VCN - According to preliminary data from the General Department of Vietnam Customs, total export-import turnover of ... |
A remarkable point in imports in October was that the turnover of fruits and vegetables had a sign of sharp decline. The export turnover of fruits and vegetables was over US$ 240 million, a decrease of 14.1% compared to the previous 9 months. However, the accumulation from the beginning of the year of this commodity still reached a high growth rate of 42.6% compared to the same period in 2016 and is the third largest export agricultural commodity, followed by fishery and cashew nuts.
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