November 22, 2017 19:43

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At the end of the third quarter, the turnover reaches more than US$ 300 billion

11:01 | 16/10/2017

VCN – According to the Customs statistics, Vietnam’s total import-export turnover in the nine months of 2017 reached more than US$ 308.31 billion, up by 21.3%, equivalent to US$ 54.23 billion over the same period in 2016.

.at the end of the third quarter the turnover reaches more than us 300 billion Customs sector: Drastically complete the task of 2017 in the last months of the year
at the end of the third quarter the turnover reaches more than us 300 billion Until the end of the third quarter of 2017, revenues from import-export duty of Customs reached 75% of the estimate
at the end of the third quarter the turnover reaches more than us 300 billion Trade deficit is at $US 842 million by the end of 8/2017
at the end of the third quarter the turnover reaches more than us 300 billion

The import-export turnover of the 10 largest commodities in the nine months of 2017 compared with the same period in 2016.

In which, total turnover of FDI enterprises accounted for more than US$ 204.46 billion, up by 24.8 %, equal to US$ 40.63 billion from the same period last year

Also according to the preliminary statistics of the GDVC, Vietnam’s total import-export turnover in the second half of September, 2017 (from 16 September 2017 to 30 September 2017) gained more than US$ 19.27 billion, up by 5.2 %, corresponding to US$ 946 million compared to the turnover of the first half of September, 2017. In which, the turnover of FDI enterprises in the period reached more than US$ 14.81 billion, up by 17.5%, equivalent to nearly US$ 2.21 billion compared to the first half of September 2017. In the second half of September 2017, the trade balance of the country was in a surplus of US$ 979 million, bringing the trade balance of the country in the nine months of 2017 to a surplus of US$ 328 million.

In term of exports, Vietnam’s total export turnover in the second half of September 2017 was more than US$ 10.12 billion; up by 9.9% (corresponding to US$ 913 million in absolute number) compared to the first half of September 2017.

The increase of export turnover in the second half of September 2017 compared to the first half was mainly due to increase in following commodities: mobile phones and accessories increased 5.7%, equivalent to US$ 135 million, computers, electronic products and components 9.9%, equivalent to US$ 114 million; aquatic products 26.55, equivalent to US$ 92 million; textiles and garments 6.9%, equivalent to US$ 80 million…. In contrast, rubber decreased 27%, equivalent to US$ 38 million; coal 77.7%, equivalent to US$ 17 million; and fruits and vegetables 10.6%, equivalent to US$ 16 million.

Thus, at the end of September 2017, Vietnam’s total import-export turnover was more than US$ 154.32 billion, up by 20%, equivalent to US$ 25.76 billion compared to the same period in 2016.

The GDVC’s statistics also showed that the FDI sector’s turnover in the second half of September 2017 reached more than US$ 7.32 billion, up by 8.8%, equivalent to US$ 592 million compared to the first half, thereby bringing the total turnover of this sector to more than US$ 109.1 billion, a year-over-year increase of 20.4%, accounting for 70.7% of the country’s total turnover.

In term of imports, Vietnam’s total imports in the second half of September 2017 was near US$ 9.15 billion, slightly increasing 0.4% (corresponding to an increase of US$ 33 million in absolute number) over the turnover of the first half of September 2017.

The increase of import turnover in the second half of September 2017 over the first half was mainly due to increase and decrease in some following commodities: mobile phones and accessories increased 3.4%, equal to US$ 188.98 million; computers, electronic products and component 3.45, equal to US$ 61 million, corn 91.1%, equal to US$ 46 million, etc. Meanwhile, machinery, equipment, and spare parts decreased 8.3%, corresponding to US$ 118 million; Iron and Steel 15.3%, equal to US$ 56 million, other metals 16.4%, equal to US$ 40 million.

Therefore, at the end of September 2017, Vietnam’s total imports reached more than US$ 153.99 billion, a year-over-year increase of 22.7% (equivalent to more than US$ 28.46 billion).

at the end of the third quarter the turnover reaches more than us 300 billion Vietnam’s exports still dominated by FDI firms

The turnover of foreign-invested firms continues to dominate Vietnamese exports despite a decline seen in the ...

The imports of FDT sector in this period reached nearly US$ 7.49 billion, up by 27.55, equivalent to US$ 1.61 billion compared to the first half of September 2017, thereby increasing the total imports of FDI sector in the nine months of 2017 to nearly US$ 95.36 billion, up by 29%, equal to US$ 21.42 billion compared to the same period in 2016.

By Ha Nhi/ Huyen Trang