FDI enterprises reach trade surplus of $8.5 billion

VCN – Enterprises with foreign direct investment (FDI) are dominating export and import turnover. Notably, these enterprises have a large trade surplus.
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Import and export movements of FDI enterprises updated in the first 15 days of April and accumulated from the beginning of the year, the calculation unit is "billion USD". Sketched by T.Bình.

According to the General Department of Vietnam Customs, in the first 15 days of April, FDI enterprises reached import and export values ​​of $12.37 billion, reduced by 14%, equivalent to $2.02 billion which is lower than the second half of March 2019.

From the beginning of the year to the end of April 15, the group of FDI enterprises has achieved import and export value of $86.89 billion, increased by 4.8%, equivalent to an increase of $3.98 billion compared to the same period in 2018.

Trade balance of FDI enterprises reached a surplus of $0.88 billion in the first half of April and reached $8.5 billion by the end of April, while the whole country reached a surplus of just $0.62 billion (as of April 15).

Regarding exports, in the first 15 days of April, FDI enterprises reached $6.62 billion, decreasing by 20.4% (equivalent to $1.69 billion) compared with the last 15 days of March 2019.

Accumulated from the beginning of the year, the turnover of this sector reached $47.69 billion, an increase of 3.6%, equivalent to an increase of $1.65 billion compared to the same period in 2018 and accounting for 69.6% of Vietnam’s total export value.

In terms of imports, in the first period of April, FDI enterprises gained $5.74 billion, reducing by 5.4% (equivalent to a decrease of $0.33 billion) compared to the last 15 days of March 2019.

From the beginning of the year to the end of April 15, the total import value of FDI enterprises reached $39.2 billion, increasing by 6.3%, equivalent to an increase of $2.34 billion, accounting for 57.7% of the total import value of the whole country.

By Thái Bình/Thanh Thuy

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