Foreign trade value up 6.1% year-on-year in July

Illustrative image (Photo: VNA)

Hanoi (VNA) – Total export-import turnover in July reached 60.36 billion USD, up 6.1% year-on-year but down 6.8% month-on-month, according to the General StatisticsOffice of Vietnam (GSO).

Of the figure, export value was 30.32billion USD, up 8.9% year-on-year but down 7.7% compared to theprevious month.  

Meanwhile, import turnover in the month reachedan estimated 30.3 billion USD, 3.4% higher than the same period last year but dropping 6% from the previous month.

In the period from January – July, the country’s export-importturnover hit an estimated 431.94 billion USD, up 14.8%year-on-year, the office said.

Vietnam earned 216.35 billion USD fromexports, while spending 215.59 billion USD on buying goods from abroad in theperiod, representing year-on-year increases of 16.1% and 13.6%, respectively.

A trade surplus of about 21 million USD wasrecorded in July, pushing the total in the first seven months of 2022 to 764 million USD./. 

VNA