Vietnam’s total import and export turnover in the first six months of 2018 is estimated to hit 225.29 billion USD, showing a year-on-year rise of 13 percent, according to the General Department of Customs.
Hanoi (VNA) – Vietnam’s total import andexport turnover in the first six months of 2018 is estimated to hit 225.29billion USD, showing a year-on-year rise of 13 percent, according to the GeneralDepartment of Customs.
Of the figure, the export value is likely toreach 113.93 billion USD since the beginning of this year, up 16 percentagainst the same period last year, while import value is calculated at 111.36billion USD, a rise of 10.2 percent.
As a result, Vietnam will run a trade surplus of2.57 billion USD in the first half of the year.
In January-June, the country hopes to gross 22.5billion USD from exporting mobile phones and spare parts (up 15.4 percent) aswell as 13.42 billion USD from garment-textile (up 13.8 percent), nearly 13.46billion USD from computers, electronic products and components (up 15.7percent), and 3.96 billion USD from aquatic products (up 11 percent).
Also in the reviewed period, imports ofcomputers, electronic products and spare parts are estimated at 19.7 billionUSD (up 14.3 percent), machinery, equipment and components 16.15 billion USD(down 7.3 percent), mobile phones and spare parts 5.97 billion USD (down 4.4percent), and fabric 6.43 billion USD (up 17.1 percent).
Vietnam’s trade surplus hit a record high of 2.92billion USD in 2017, according the Ministry of Industry and Trade.
The country had 29 groups of items whose exportrevenue exceeded 1 billion USD, 20 groups with export turnover of above 2billon USD and eight groups with export value of more than 6 billion USD.
2017 was considered a good year for Vietnam withits exports crossing the 200 billon USD mark for the first time and ending at214.02 billion USD, a year-on-year increase of 21.2 percent and well above theGovernment’s target.-VNA
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A garment-textile export company (Photo: VNA) 
