In 2017, import-export turnover was estimated at nearly US$ 425 billion

	Major import commodities in eleven months of 2017
	Preliminary assessment of Vietnam international merchandise trade performance in the first 11 months of 2017
	Trade surplus 2017: Unnatural "Sweet fruit"

The import and export activities of 2017 set many records. In the photo, the import-export activities in Hai Phong port. Photo: T.Bình.

With the above estimation, in 2017, the total import and export turnover of Vietnam reached nearly US $ 425 billion, a year-on-year increase of 20.9%. Of which, the export value was estimated at US $213.77 billion, up 21.1% and the import turnover was estimated at US $ 211.1 billion, up 20.8%.

Vietnam's trade balance in December 2017 was estimated at a deficit of US $ 500 million, equal to 2.6% of the export turnover. Thus, in 2017, trade balance of goods in Vietnam was expected at a surplus of US $ 2.67 billion, nearly US $ 900 million higher than the trade surplus in 2016 (nearly US $ 1.78 billion).

Regarding the major export commodities, telephone and components were estimated at US $ 45.09 billion, up 31.4% over the previous year; textiles and garments were estimated at US $ 25.93 billion, up 8.8% over the previous year and computers, electronics and components were estimated at US $ 25.88 billion, up 36.5%.

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Regarding the major import commodities, computers, electronics and components were estimated at US $ 37.5 billion, up 34.4%; and machinery, equipment, tools and spare parts were estimated at US $ 33.64 billion, up 17.9% against 2016.