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A trade surplus of US $ 3.17 billion in the eleven months

08:17 | 15/12/2017

VCN – According to the import-export statistics from the General Department of Vietnam Customs, the total import-export turnover of the country in the first eleven months of 2017 gained US $ 385.77 billion, up 21.4%, equivalent to US $ 67.9 billion compared to the same period in 2016. In which, total exports of FDI enterprises was US $ 253.24 billion, up by 23.2%, equivalent to US $ 42.83 billion compared to the same period last year.

a trade surplus of us 317 billion in the eleven months Export turnover exceeded the estimate, Vietnam’s trade surplus was US$ 2.55 billion
a trade surplus of us 317 billion in the eleven months Telephones and computers help Vietnam continues to trade surplus
a trade surplus of us 317 billion in the eleven months Exporting to USA reaches nearly $US 31 billion
a trade surplus of us 317 billion in the eleven months

Import-export turnover of the ten largest commodities in the eleven months of 2017 compared to the same period in 2016

The statistics show that the total import-export turnover of Vietnam in the second half of November, 2017 (from 16th November 2017 to 30th November 2017) reached more than US $ 20.28 billion, up 6.5%, equivalent to US $ 1.23 billion from the first half of November 2017. In which, the export turnover of FDI sector picked up US $13.39 billion, up 5.5%, equivalent to US $ 694 million against the first period of November 2017.

In the second half of November 2017, the trade balance of the country made a surplus of US $ 875 million, bringing the trade balance of the country in the eleven months of 2017 to a surplus of US $ 3.17 billion.

Concerning exports. The total export of Vietnam in the second half of November 2017 was US $ 10.6 billion, up 13.1% (equal to US$ 1.23 billion on the absolute number) compared to the first half of November 2017.

The increase in export turnover of the second half of November 2017 compared to the first half of November 2017 was mainly due to increase in following commodities: Mobile phones and accessories up 12.3%, equal to US $ 267 million; crude oil up 8 times, textile and garment up 11.9%; equal to US $ 121 million; iron and steel up 86.3%, equal to US $ 95 million;footwear up 13.2%, equal to US $ 84 million; machinery, equipment and parts thereof up 14.4%, equal to US $ 80 million. Meanwhile, petrol and oil down by 38.9%, equal to US $ 20.3 million, rice down 15.6%, equivalent to US $ 15 million.

Thus, at the end of November 2017, total export turnover of the country reached US $ 194.47 billion, a year-on-year increase of 21.5%, equivalent to US $ 34.44 billion

The statistics from the General Department of Customs also showed that the export value of (FDI) enterprises in the second half of November 2017 was more than US $ 7.6 billion, an increase of 11. 6% equivalent to US $ 794 million compared with the first half of November 2017.Therebyraising the total export turnover of this sector in 11 months 2017 to over US $ 138.5 billion, up 23.2% , a year-on-year increase of US $ 26.11 billion, accounting for 71% of total export turnover of the country.

Concerning imports.The total import value in the second half of November 2017 reached US $ 9.7 billion, up 0.1% (equal to over US $ 7 million in absolute number) compared to the first half of November 2017.

The increase in the import turnover in the second half of November 2017 from the first half of November 2017,was mainly due to increases and decreases in the following commodities: Mobile phones and accessories up 19%, equal to US $ 149 million; livestock feed and raw materials up 101.4%, equal to US $ 89 million;andcrude oil up US $ 66 million. In contrast, iron and steel down by 25.1%, equal to US $ 113 million; andcoal down 43.1%, equal to US $ 48 million.

Thus, at the end of November 2017, total import turnover of Vietnam gained nearly US $ 191.3 billion, up by 21.2%, (equal to US $ 33.49 billion) compared to the same period in 2016.

a trade surplus of us 317 billion in the eleven months Vietnam exports surge 21% this year

Vietnam recorded a trade surplus of US$2.8 billion in the first 11 months of 2017, mainly contributed ...

The import turnover of FDI sector in this period reached more than US $ 5.75 billion, down 1.7%, equivalent to a decrease of nearly US $ 101 million from the first half of November 2017.Thereby bringing the total import turnover of this sector in November 2017 to more than US $ 115 billion, up by 23.4%,equivalent to more than US $ 21.7 billion compared to the same period in 2016.

By Ha Nhi/ Huyen Trang