Illustrative image (Source: VNA) In April alone, the import-export turnover stood at 53.57 billion USD, representing decreases of 7.7% from the previous month,and 18.8% from the same period last year.
During the four-month period, Vietnam exported about108.57 billion USD worth of goods, a year-on-year drop of 11.8%, of which thedomestic economic sector contributed 25.58 billion USD, down 11%.
As many as 20 items joined the more than one-billion-USDclub, making up 83.8% of the totalexport turnover.
Among groups of exports, fuels and mineralsgenerated about 1.33 billion USD; processing industry commodities, 96.1 billionUSD; agro-forestry products, 8.56 billion USD; and aquatic products, 2.58billion USD.
Vietnam’s export-import value in the first four months of this year is estimated at 210.79 billion USD, down 13.6% year-on-year. (Photo: VNA) For import, the more than one-billion-USD clubgathered 19 items that accounted for 75.8% of the combined value.
Vietnam spent 95.64 billion USD on productionmaterials; and 6.58 billion USD on consumer goods in the four months.
The US was Vietnam’s biggest buyer with 28.4billion USD, while China was the country’s largest exporter with 33.3 billionUSD.
Given uncertainties in trading activities, the Ministry ofIndustry and Trade has maintained a close watch on market developments,supported enterprises to optimise free trade agreements and remove obstacles totheir business and production, and worked to diversify markets and exports, andpromote e-commerce./.
VNA
