Phones and phone parts posted 6.7 billion USD worth of export valuein the first quarter of this year, topping the export list, according tothe General Department of Customs.
Coming second was textileand garment with 4.9 billion USD, followed by computers and electronicproducts and parts with 3.6 billion USD and footwear with 2.6 billionUSD.
The export of industrial commodities was on the rise with higher growth rates than national averages.
However, key agricultural and seafood exports tumbled, includingseafood, coffee, rubber and rice (with decreases of over 30 percent),costing the country 500 million USD during the period.
Total export turnover for Q1 stood at 36.3 billion USD, up 2.93billion USD from the previous year. The foreign-invested sectoraccounted for 67.5 percent of the national export value.
Meanwhile, the imports were valued at more than 38.7 billion USD, up 20.1 percent compared to the same period of 2014.
The country’s leading imports were machinery, equipment, computers, phones and spare parts.
The statistics showed a trade surplus of 873 million USD in the FDIsector, down 57.3 percent. Meanwhile domestics businesses suffered atrade deficit of 3.27 billion USD, up about four-fold compared to lastyear.
In the reviewed period, imports from China, mainlymachinery and equipment, computer and parts, and steel, reached 11.47billion USD, bringing the trade deficit with the country to nearly 8billion USD.-VNA
Coming second was textileand garment with 4.9 billion USD, followed by computers and electronicproducts and parts with 3.6 billion USD and footwear with 2.6 billionUSD.
The export of industrial commodities was on the rise with higher growth rates than national averages.
However, key agricultural and seafood exports tumbled, includingseafood, coffee, rubber and rice (with decreases of over 30 percent),costing the country 500 million USD during the period.
Total export turnover for Q1 stood at 36.3 billion USD, up 2.93billion USD from the previous year. The foreign-invested sectoraccounted for 67.5 percent of the national export value.
Meanwhile, the imports were valued at more than 38.7 billion USD, up 20.1 percent compared to the same period of 2014.
The country’s leading imports were machinery, equipment, computers, phones and spare parts.
The statistics showed a trade surplus of 873 million USD in the FDIsector, down 57.3 percent. Meanwhile domestics businesses suffered atrade deficit of 3.27 billion USD, up about four-fold compared to lastyear.
In the reviewed period, imports from China, mainlymachinery and equipment, computer and parts, and steel, reached 11.47billion USD, bringing the trade deficit with the country to nearly 8billion USD.-VNA
