Business

Import-export surges nearly 40 percent

Vietnam’s import-export revenue amounted to 57.12 billion USD from the beginning of 2018 to mid-February, up 37.2 percent compared to the same period last year.
Import-export surges nearly 40 percent ảnh 1Rice production for export of Kien Giang company (Photo: VNA)

Hanoi (VNA) – Vietnam’s import-exportrevenue amounted to 57.12 billion USD from the beginning of 2018 tomid-February, up 37.2 percent compared to the same period last year.

According the General Department of VietnamCustoms, a trade surplus of 1.67 billion USD was recorded in the period.

The foreign-invested sector’s import-exportturnover was close to 11 billion USD within the first 15 days of February, down18.1 percent from the last half of January.

Vietnam’stotal foreign trade value was 425 billion USD in 2017. The value of exports was estimated at 213.77 billion USD, a year-on-yearincrease of 21 percent, higher than the annual growth rate of 9 percent inexport value in 2016.

 Meanwhile, the value of importsin 2017 was estimated at 211.1 billion USD, 20.8 percent higher than 2016.

As a result, the country maintained a trade surplusof about 2.7 billion USD, the same figure as 2016. -VNA
VNA
#Vietnam import-export revenue #General Department of Vietnam Customs #Vietnam trade surplus #Vietnam FDI sector #Vietnam foreign trade #Vietnam economic affairs #Vietnam economy #Vietnam News Agency #vietnamplus
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