On 15 December, 2016: Trade surplus of more than $US 2.59 billion

VCN – According to the statistics of import-export goods issued by the General Department of Customs, on 15 December, 2016, the country’s total import-export turnover reached nearly $US 333.06 billion, increased by 6.4% (equivalent to an increase of more than  $US 19.96 billion) compared to the same period in 2015.
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on 15 december 2016 trade surplus of more than 259 us billion
Export turnover of the 10 largest commodity groups of Vietnam (accumulated on 15 December 2016 compared to the same period in 2015)

The latest preliminary statistics of the General Department of Customs showed that the total import-export turnover of Vietnam in the first period of December, 2016 (from 1 December, 2016 to 15 December, 2016) reached more than $US 16.09 billion, declined 3.9% (equivalent to a decrease of $US 660 million) compared to the second period of November, 2016. Thus, on 15 December, 2016, the trade balance in the first period of December, 2016 was in deficit of $US 288 million, which took the whole country’s trade balance from the beginning of 2016 to the end of 15 December, 2016 to a trade deficit of more than $US 2.59 billion

In the first half of December, 2016, FDI Enterprises had a drop in export turnover to $US 10.33 billion, down by 3.7%, equivalent to $US 400 million compared to the second half of November, 2016. Until 15 December, 2016, FDI Enterprise’s export turnover reached nearly $US 215.52 billion, up by 8.2%, equivalent to nearly $US 16.34 billion compared to the same period in 2015. The trade balance of FDI Enterprises in the first half of December, 2016 gained a trade surplus of $US 779 million, which took the trade surplus of FDI Enterprises from the beginning of 2016 to the end of 15 December, 2016 to nearly $US 20.47 billion.

About exports, Vietnam’s export turnover in the first period of December, 2016 gained more than $US 7.9 billion, reduced by 7.2% (equivalent to a decrease of $US 612 million) over the second half of November, 2016. Until 15 December, 2016, the country’s total export turnover reached nearly $US 167.83 billion, increased by 8.5% (equivalent to an increase of more than $US 13.11 billion) compared to the same period in 2015.

Compared to the second half of November, 2016, the export in the first period of December, 2016 had an increase/decrease in some following groups: textiles and apparel increased 1.5%, equal to $US 15 million; vegetables and fruits increased 19.8%, equal to $US million, rice increased 43%, equal to $US 27 million, and coffee increased 24.5%, equal to $US 34 million.

Meanwhile, vehicles and spare parts declined 20.1%, equal to $US 61 million; crude oil declined 55.1%, equal to $US 74 million, machines, equipment and other components declined 12.7%, equal to $US 75million; and telephones and accessories declined 16%, equal to $US 281 million.

The export value of Foreign Direct Investment Enterprises (FDI) in this period reached nearly $US 5.56 billion, down by 8.8% (equivalent to $US 533 million) compared to the last fifteen days of November, 2016. Therefore, at the end of 15 December, 2016, the export turnover of FDI Enterprises achieved more than $US 117.99, up by 11.5%, equivalent to $US 12.17 billion compared to the same period in 2015 and accounted for 70.3% of the whole country’s total export turnover.

About imports, the import value of Vietnam in the first period of December, 2016 achieved nearly $US 8.19 billion, down by 0.6% (corresponding to $US 48 million) against the last fifteen days of November, 2016. Until 15 December, 2016, the whole country’s total import turnover achieved more than $US 165.23 billion, up by 4.3% (corresponding to more than $US 6.85 billion) compared to the same period in 2015.

Compared to the second half of November, 2016, the import of the first half of December, 2016 had an increase/decrease in some following groups: Corn rose 68.8%, corresponding to an increase of $US 35 million; soybeans rose 4.4 times corresponding to an increase $US 40 million, machines, equipment,tools and spare parts rose by 3.2%, corresponding to an increase of $US 44 million;and iron and steel rose by 17.9%, corresponding to an increase of $US 59 million.

The groups that decreased are: wheat decreased by 50.3%, equivalent to $US 28 million; foodstuff for cattle fell 18.6%, equivalent to $US 34 million; petrol and oil fell 24.5%, equivalent to $US 69 million; vehicles and parts fell 85.6%, equivalent to $US 165 million.

on 15 december 2016 trade surplus of more than 259 us billion Vietnam first records US$2 billion trade surplus with G20

Vietnam enjoyed a trade surplus of US$2.02 billion with the Group of Twenty (G20), accounting for 2.7% ...

The import value of FDI Enterprises in the first period of December, 2016 reached nearly $US 4.78 billion, up by 2.9% (equivalent to $US 133 million) over the second half of November, 2016. Therefore, until 15 December, 2016, FDI Enterprise’s total export turnover reached more than $US 97.52 billion, up by 4.5% compared to the same period in 2015, equivalent to $US 4.17 billion, accounting for 59% of the whole country’s total export turnover.

By Bao Nhi/ Huyen Trang

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