Mobile phones andcomponents have garnered the top position in Vietnam's exports with aturnover of 7.7 billion USD during the first four months of this year.
As reported by Dau Tu (Vietnam Investment Review)newspaper, the General Statistics Office of Vietnam has forecast exportturnover of 12.2 billion USD in April, a 23.2 percent increase over thesame month last year.
Exports of the foreign directinvestment sector, including crude oil, alone reached 30.4 billion USD,recording a 17.2 percent increase as compared to the same period lastyear.
The statistics showed that processed andassembled products are still the main exports. Textile ranked secondwith a turnover of 5.9 billion USD, followed by footwear with 2.9billion USD.
Exports of other products have also shownan increase in comparison with the same period of 2013. Seafood reached2.2 billion USD, up 32 percent as compared to the same period last year.
Coffee gained 1.6 billion USD, a 29.5 percentincrease, while wood and wooden products reached 1.9 billion USD, withan increase of 22.4 percent in comparison with the same period of 2013.
In the first four months of 2014, the total exportturnover is estimated to reach 45.7 billion USD, experiencing anincrease of 16.7 percent in comparison with the same period of 2013.
Meanwhile, Vietnam 's imports are forecast to reach 12.6 billion USDin April, raising the total amount to 45.1 billion USD in the firstfour months of this year. It has seen an increase of 13.7 percent ascompared to the same period last month.
Imports offoreign-invested sector are forecast to reach 26.3 billion USD,experiencing an 18.2 percent increase in comparison with the same periodlast year.
April's trade deficit is forecast to reach400 million USD, and the trade surplus in the first four months of 2014is estimated to reach 683 million USD.
Trade surplus offoreign-invested sector, including crude oil, reached 4.1 billion USD,experiencing an increase of 11.5 percent in comparison with the sameperiod last year. However, the trade deficit of domestic enterprises is3.4 billion USD, recording an 18 percent decrease as compared to thesame period in 2013.-VNA