Vietnam sees year-on-year export surge in January (Source: VNA)

Hanoi (VNA) - Vietnam’s export-import value reached 38.3 billion USD in January – up 39.9 percent compared to a year earlier but down 3.1 percent compared to December 2017, according to the General Department of Customs.

The export value was estimated at 19 billion USD, up by 33.1 percent year on year and down 3.3 percent from the previous month.

The main exports were mobile phones and spare parts, worth 4.2 billion USD, up 7.7 percent from the previous month, and 80.7 percent from a year ago.

In January, exports of garment-textiles and computers and spare parts were estimated at 2.3 billion USD and 2.2 billion USD, up 7.6 percent and 37.9 percent year on year, respectively.

Import value was projected at 19.3 billion USD, up 47.4 percent year on year, and down 3 percent month on month.

State budget collection was estimated at 22.5 trillion – 23 trillion VND ( around 1 billion USD), up 9.65 percent from 2017.

From January 16, 2017 to January 15, 2018, the customs sector uncovered 768 cases of smuggling or trade fraud, worth more than 9 billion VND (396,000 USD).-VNA