Trade in goods of FDI enterprises account for about 68% of the country's import-export turnover

Producing textiles for export at Peony Company Limited - a Singaporean FDI enterprise (VSIP Bac Ninh Industrial Park, Tu Son City, Bac Ninh Province). Photo: T.Binh.

In the first half of October, the exports of FDI enterprises reached US11.41 billion, down 19.4% compared to the second half of September.

As of October 15, the total export turnover of FDI enterprises reached US$226.24 billion, up 13.4% year-on-year, accounting for 72% of the total export turnover of the whole country.

Import turnover of FDI enterprises in the first half of October reached US$9.69 billion, a decrease of 10.9% compared to the second half of September.

As of the end of October 15, the total import turnover of FDI enterprises achieved US$187.72 billion, up 16.7% year-on-year, accounting for 63.7% of the country’s total import turnover.

As of October 15, the total import-export turnover of FDI enterprises recorded US$413.96 billion, increasing by 14.8% year-on-year.

The import and export turnover of FDI enterprises accounted for about 68% of the total import-export turnover of the whole country.

The trade balance of FDI enterprises achieved a surplus of US$38.53 billion.

FDI enterprises contribute in most of the major import-export groups of the country, especially item groups worth tens of billions of dollars such as: computers, electronic products and components; phones and components; machinery, equipment, tools, spare parts, etc.