Trade surplus estimated at 7.21 billion USD this year
The General Department of Vietnam Customs estimates the country’s trade surplus this year at 7.21 billion USD, 5.1 billion USD higher than the figure registered last year.
The factory of the Kydo Vietnam garment company in Hung Yen province (Photo: VNA)
Hanoi (VNA) – The General Department of VietnamCustoms estimates the country’s trade surplus this year at 7.21 billion USD, 5.1billion USD higher than the figure registered last year.
The agency said on December 27 that the totaltrade turnover this year is likely to hit 482.23 billion USD, up 12.6 percentfrom a year earlier. It includes 244.72 billion USD in exports and 237.51billion USD in imports, up 13.8 percent and 11.5 percent, respectively.
In December alone, the trade value decreased by2.6 percent month on month to about 42.2 billion USD, including 21 billion USDin exports – down 3.4 percent, and 21.2 billion USD in imports – down 1.8percent.
During the year, machinery, equipment and spareparts record the highest annual exports growth rate, 28 percent, to reach some16.53 billion USD. They are followed by textile-apparel (up 16.6 percent to30.45 billion USD) and computers, electronic products and components (up 13.4percent to 29.45 billion USD).
Meanwhile, the fastest pace of imports is seenin fabric (up 13.5 percent to 12.91 billion USD); computers, electronicproducts and components (up 12.5 percent to 42.5 billion USD); and materialsfor textile, garment, leather and footwear production (up 5.7 percent to 5.74billion USD), according to estimates of the Vietnam Customs. –VNA
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The factory of the Kydo Vietnam garment company in Hung Yen province (Photo: VNA) 
