Vietnam Time

2/28/2018 4:48:23 PM

Import-export surges nearly 40 percent

Vietnam’s import-export revenue amounted to 57.12 billion USD from the beginning of 2018 to mid-February, up 37.2 percent compared to the same period last year. 

According the General Department of Vietnam Customs, a trade surplus of 1.67 billion USD was recorded in the period.

Rice production for export of Kien Giang company. (Photo: VNA)

The foreign-invested sector’s import-export turnover was close to 11 billion USD within the first 15 days of February, down 18.1 percent from the last half of January.

Vietnam’s total foreign trade value was 425 billion USD in 2017. The value of exports was estimated at 213.77 billion USD, a year-on-year increase of 21 percent, higher than the annual growth rate of 9 percent in export value in 2016.

Meanwhile, the value of imports in 2017 was estimated at 211.1 billion USD, 20.8 percent higher than 2016.

As a result, the country maintained a trade surplus of about 2.7 billion USD, the same figure as 2016.

VNF/VNA  
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