Exports fetch 96.5 billion USD in nine months

VN was estimated to earn 96.5 bln USD from exports in the first nine months of this year.
Vietnam was estimated to earn 96.5 billion USD from exports in the first nine months of this year, a year-on-year increase of 15.7 percent.

According to the General Statistics Office (GSO), FDI businesses contributed 58.4 billion USD, or 60.6 percent, to the figure. Their export earnings marked a 27 percent rise from the same period last year.

In the nine-month period, the country made a trade deficit of 124 million USD or 0.1 percent of total export value.

The FDI sector only posted a trade surplus of nearly 4 billion USD in the reviewed period.

Vietnam is expected to rake in 68 billion USD in export earnings in the second half, bringing this year’s total export value to 129 billion USD, which will mark a 12.5 percent increase from last year, according to the Ministry of Trade and Industry.

Meanwhile, the country’s import value is estimated to hit 70 billion USD, raising the year’s total imports to 132 billion USD, a year-on-year rise of 14.5 percent.-VNA

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