Trade turnover fetches over US$ 230 bln

15:49 | 22/10/2014

VGP – As of mid-October, trade turnover surpassed US$ 230.23 billion, representing a year-on-year surge of nearly 12.9% (or US$ 26.22 billion), according to the Viet Nam Customs.

Illustration photo

In the first half of October, Viet Nam earned over US$ 12.83 billion in trade revenue, down 8.8% or over US$ 1.23 billion against the same period last month. The FDI sector pocketed nearly US$ 7.71 billion in export earnings, posting a month-on-month decline of 11.8% or over US$ 1.03 billion.

The country faced a trade deficit of US$ 438 million in the first 15 days of October but ran a trade surplus of over US$ 1.84 billion since the beginning of the year.

The Viet Nam Customs also reported that export volume in the first half of October valued nearly US$ 6.2 billion, down 13.9% against the same period last month, bringing the total so far this year to about US$ 116.04 billion or a year-on-year surge of 14.1%.

Meanwhile, in the first 15 days, imports reached over US$ 6.63 billion or 3.3% against the same period last month.

As of mid-October, import value was worth nearly US$ 114.2 billion, expanding by 11.6% year-on-year or US$ 11.9 billion.

In the reviewed period, machinery, equipment and spare parts were the largest hard currency earners, topping US$ 17.24 billion, representing a year-on-year increase of 21.6% or US$ 3.06 billion.

Computers and electronic products followed with US$ 13.99 billion (down 0.3% against the same period last year) and fabric with US$ 7.3 billion (up 14.4%)./.

By Khanh Phuong