Vietnam enjoyed a trade surplus of 1.26 billion USD in the first sevenmonths of this year, equivalent to 1.5 percent of the total exportrevenue, Nhan Dan (People) online newspaper reported, citing statisticsreleased by the General Statistics Office.
The statisticsunveiled that the nation's total export revenue reached 83.5 billion USDbetween January-July of this year, up 14.1 percent compared to the sameperiod in 2013.
Of which, the domestic sector contributed 27.7billion USD and the foreign direct investment sector contributed 55.8billion USD, a year-on-year increase of 12.2 percent and 15 percentrespectively.
In the seven-month period, many major commoditiessaw higher export turnover against the corresponding period last year,including telephones and components (up 13.9 percent), garments andtextiles (up 19.4 percent), footwear (up 21.8 percent), aquatic products(up 25.5 percent), pepper (up 46.1 percent) and others.
However, there were several agricultural products and materials that suffered a decline in both volume and value.
Thecountry exported 3.9 million tonnes of rice worth 1.7 billion USD inthe first seven months of this year, down 8 percent in volume and 4.7percent in value from last year.
The volume of rubber exportedalso dropped by 9.5 percent with a 32 percent fall in value. Notably,the export volume and value of coal reduced sharply by 37.6 percent and33.9 percent respectively.
The US was Vietnam's largest export market in the period, followed by the EU, ASEAN, China, Japan and the Republic of Korea.
Chinaremained Vietnam's largest import market in the period and Vietnamposted a trade deficit of 14.8 billion USD with China, a year-on-yearincrease of 14.4 percent.
Vietnam gained a 1.32 billion USD tradesurplus in the six-month period. The country is expected to enjoy atrade surplus of 500 million USD this year, with its total exportturnover at 146 billion USD and import turnover at 145.5 billion USD.-VNA
The statisticsunveiled that the nation's total export revenue reached 83.5 billion USDbetween January-July of this year, up 14.1 percent compared to the sameperiod in 2013.
Of which, the domestic sector contributed 27.7billion USD and the foreign direct investment sector contributed 55.8billion USD, a year-on-year increase of 12.2 percent and 15 percentrespectively.
In the seven-month period, many major commoditiessaw higher export turnover against the corresponding period last year,including telephones and components (up 13.9 percent), garments andtextiles (up 19.4 percent), footwear (up 21.8 percent), aquatic products(up 25.5 percent), pepper (up 46.1 percent) and others.
However, there were several agricultural products and materials that suffered a decline in both volume and value.
Thecountry exported 3.9 million tonnes of rice worth 1.7 billion USD inthe first seven months of this year, down 8 percent in volume and 4.7percent in value from last year.
The volume of rubber exportedalso dropped by 9.5 percent with a 32 percent fall in value. Notably,the export volume and value of coal reduced sharply by 37.6 percent and33.9 percent respectively.
The US was Vietnam's largest export market in the period, followed by the EU, ASEAN, China, Japan and the Republic of Korea.
Chinaremained Vietnam's largest import market in the period and Vietnamposted a trade deficit of 14.8 billion USD with China, a year-on-yearincrease of 14.4 percent.
Vietnam gained a 1.32 billion USD tradesurplus in the six-month period. The country is expected to enjoy atrade surplus of 500 million USD this year, with its total exportturnover at 146 billion USD and import turnover at 145.5 billion USD.-VNA
