Business

Vietnam’s export to Thailand up 21 percent

Vietnam earned more than 3.7 billion USD from exports to Thailand as of August 2018, up 21 percent year on year, higher than the country’s average of 16.7 percent, according to the General Statistics Office.
Vietnam’s export to Thailand up 21 percent ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – Vietnam earned more than 3.7billion USD from exports to Thailand as of August 2018, up 21 percent year onyear, higher than the country’s average of 16.7 percent, according to theGeneral Statistics Office.

Of the figure, mobile phones and spare parts brought homethe most with 996 million USD. Other goods earning 100 million USD and aboveincluded crude oil, electronics and accessories, and transportation vehicles.

During the period, Vietnam spent over 7.5 billion USD onimports from Thailand, up 14.3 percent year-on-year, resulting in a deficit of over3.8 billion USD.

In the first eight months of this year, Vietnam’s total import and exportturnover hit 308.07 billion USD, up 13 percent over the same period of 2017. Ofwhich, export turnover was 155.4 billion USD, up 14.5 percent, and import was152.7 billion USD, a rise of 11.6 percent.-VNA
VNA
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