Trade in goods in the second half of August increases over US$ 5 billion

	Trade in goods increases by over US$ 7 billion in second half of October
	Trade in goods in the first half of January 2024 reaches about US$ 30 billion

Import and export activities in Nam Dinh Vu Port, Hai Phong.

The positive results in the second half of August rose the total trade in goods of the whole country in the month to US$ 512.31 billion, up 17% year-on-year.

The export turnover in the second half of the year grew 22.5% year-on-year to US$ 20.73 billion. Commodity groups see sharp increase in export turnover such as computers, electronic products and components, up 24.4%; machinery, equipment, tools and spare parts up 29.9%; textiles and garments up 18.9%; phones and components up 11.8%; iron and steel of all kinds up 64.8%...

Vietnam's total export turnover in the first 8 months went up 15.9% to US$265.44 billion compared to the same period last year.

The import turnover in the second half of August rose 8.1% to US$17.29% compared to the first half.

Some items saw the import turnover such as corn up 362.8%; computers, electronic products and components up 3.1%; animal feed and raw materials up 82.8%; coal of all kinds up 39.5%...

However, data from the General Department of Vietnam Customs recorded some items with the decrease in the import turnover compared to the first half such as crude oil down 40%; petroleum products down 29.7%; soybeans down 63.8%; scrap iron and steel down 31%...

By the end of August, the country's total import turnover went up 18.1% to US$ 246.87 billion compared to the same period last year.

In the second half of August, the trade balance had a surplus of US$3.45 billion. In the first 8 months, the trade balance had a surplus of US$18.57 billion, down 6.7% compared to the surplus of US$19.9 billion in the same period last year.