Trade in goods increases by over US$ 7 billion in second half of October
![]() | Import and export turnover across Cao Bang prospers but still exists difficulties |
![]() | Hai Phong Customs: Declarations and turnover both decreased in the first quarter |
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Imports and exports shows positive signs. Photo: T.B |
The positive figure in the second half of October increased the total import and export turnover of the whole country to US$ 558.33 billion, down 9.6% year-on-year.
In October, the trade balance of goods had a surplus of US$1.52 billion. In 10 months, the country's trade surplus was US$24.59 billion, 2.6 times higher than the surplus of US$9.56 billion in the same period last year.
In the second half of October, the import and export turnover rose 27% to US$ 18.02 billion compared with the first half. The export turnover of commodity groups surged such as: machinery, equipment, tools and spare parts at US$ 738 million; computers, electronic products and components at US$704 million; footwear at US$322 million; textiles and garments at US$ 298 million; means of transport and spare parts at US$196 million; Iron and steel of all kinds at US$173 million…
At the end of October, Vietnam’s total export turnover decreased by 7% to US$ 291.46 billion compared with the same period in 2022.
The import turnover in the second half of October grew 28.5% to US$ 16.5 billion compared with the second half. The import turnover of commodity groups soared including computers, electronic products and components at US$1.02 billion; machinery, equipment, tools and spare parts at US$447 million; crude oil at US$278 million; Phones and components at US$ 154 million; chemicals at US$135 million.
Total import turnover of the country fell 12.2% to US$ 266.87 billion year-on-year.
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