Trade deficit widens in September

Vietnam's trade deficit hit an estimated 200 million USD in September after three consecutive months of trade surplus, the General Statistics Office (GSO) reported.

The GSO said the country's export turnover this month was 9.7 billion USD, declining 6 percent over last month, while import turnover was 9.8 billion USD, down 4.5 percent from August.
Vietnam's trade deficit hit an estimated 200 million USD in September after three consecutive months of trade surplus, the General Statistics Office (GSO) reported.

The GSO said the country's export turnover this month was 9.7 billion USD, declining 6 percent over last month, while import turnover was 9.8 billion USD, down 4.5 percent from August.

During the first nine months of the year, the country's export turnover reached 83.789 billion USD, representing a 19 percent increase over the same period last year. Foreign invested areas registered export turnover of 52.5 billion USD, accounting for 63 percent of the total.

Import turnover during the period reached 83.755 billion USD, increasing 6.6 percent against the same period last year.

The figures saw the country enjoyed a trade surplus of 34 million USD during the nine-month period.

Foreign invested areas also enjoyed a trade surplus of 8.6 billion USD during the period, while domestic businesses saw their trade surplus shrink during the same period last year.

Eight-teen groups had export turnover of more than 1 billion USD.

The garment and textile industry took the lead with turnover of 11.25 billion USD, followed by the mobile phone and accessories sector with 8.55 billion USD, crude oil with 6.34 billion USD, electronics and computers registering 5.36 billion USD and aquaculture seeing turnover of 4.14 billion USD.

The GSO added that key import items during the period were electronics and computers with a turnover of 9.28 billion USD, petroleum at 7 billion USD and steel at 4.7 billion USD./.Vietnam 's trade deficit hit an estimated 200 million USD in September after three consecutive months of trade surplus, the General Statistics Office (GSO) reported.

The GSO said the country's export turnover this month was 9.7 billion USD, declining 6 percent over last month, while import turnover was 9.8 billion USD, down 4.5 percent from August.

During the first nine months of the year, the country's export turnover reached 83.789 billion USD, representing a 19 percent increase over the same period last year. Foreign invested areas registered export turnover of 52.5 billion USD, accounting for 63 percent of the total.

Import turnover during the period reached 83.755 billion USD, increasing 6.6 percent against the same period last year.

The figures saw the country enjoyed a trade surplus of 34 million USD during the nine-month period.

Foreign invested areas also enjoyed a trade surplus of 8.6 billion USD during the period, while domestic businesses saw their trade surplus shrink during the same period last year.

Eight-teen groups had export turnover of more than 1 billion USD.

The garment and textile industry took the lead with turnover of 11.25 billion USD, followed by the mobile phone and accessories sector with 8.55 billion USD, crude oil with 6.34 billion USD, electronics and computers registering 5.36 billion USD and aquaculture seeing turnover of 4.14 billion USD.

The GSO added that key import items during the period were electronics and computers with a turnover of 9.28 billion USD, petroleum at 7 billion USD and steel at 4.7 billion USD./.VNA

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