Trade deficit estimated at 1 billion USD in April

Vietnam’s export turnover in April is expected to reach 9.7 billion USD and import volume, 10.7 billion USD, resulting in a trade deficit of 1 billion USD, a ccording to the General Statistics Office (GSO).
Vietnam’s export turnover in April is expected to reach 9.7 billion USD and import volume, 10.7 billion USD, resulting in a trade deficit of 1 billion USD, a ccording to the General Statistics Office (GSO).

The FDI sector, however, gained a trade surplus of 730 million USD.

In the first four months, export value was supposed to reach 39.5 billion USD, up 16.9 percent against the same period last year. Meanwhile, import turnover was estimated at 40.2 billion USD, a year-on-year increase of 18 percent.

Vietnam had a trade deficit of 722 million USD from importing computers, electronic products, fabrics, telephones and spare parts, and petrol.

As of the first half of April, trade ran a deficit of 941 million USD, representing 2.7 percent of the country’s total exports.-VNA

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