Three more exports join 1 billion USD club

Coal, rubber and steel had all recorded an export turnover of over 1 billion USD by September this year, raising the number of members of the 1 billion USD club to 13, according to the Ministry of Planning and Investment.
Coal, rubber and steel had all recorded an export turnover of over 1billion USD by September this year, raising the number of members of the1 billion USD club to 13, according to the Ministry of Planning andInvestment.

The others include garments, footwear, crude oil, seafood, gemstones,wooden products, electrical goods, computers, machinery and vehicles.

Over the past nine months, the increasing prices of many commoditieshave helped to raise the country’s total export turnover to 51.5 billionUSD, up 23.2 percent year-on-year and four times the amount set out inthe NA’s plan.

Around 48 percent of Vietnam’sexports went to the Asian market, followed by America with 23 percentand Europe on 22 percent.

The country saw its lowesttrade deficit in recent years, around 8.85 billion USD in the first ninemonths, equivalent to 16.7 percent of total export turnover./.

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