Vietnam’s export turnover rises again

Vietnam’s export revenues in October rose 4.5 percent against last month to 8.3 billion USD, after three consecutive months of decline.

Wednesday, October 26, 2011 21:40

Vietnam’s export revenues in October rose 4.5 percent against lastmonth to 8.3 billion USD, after three consecutive months of decline.

The General Statistics Office announced that the country earned anexport turnover of more than 78 billion USD in the Jan.-Oct. period, ayear-on-year rise of 34.6 percent.

Garments andtextiles took the lead among export staples with around 11.7 billion USDin the past 10 months, a year-on-year rise of 29.4 percent; followed byfootwear with more than 5.1 billion USD, up 25.8 percent; and seafoodwith more than 4.92 billion USD, up 22.8 percent.

Wooden furniture, machinery and equipment, electronics and computersalso made important contributions to the country’s 10-month exportrevenues.

The US remained the top importer ofVietnam ’s garments and textiles, followed by the European Union (EU)and Japan .

The nation’s 10-month trade deficit fell to 8.39 billion USD, a year-on-year reduction of 10.8 percent.

At the second session of the 13 th NA, the Government estimated thatthe country’s export revenues will reach 95 billion USD this year, ayear-on-year rise of 31.6 percent, while its trade deficit will make up10.5 percent of the total export turnover, equivalent to 10 billionUSD./.

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