January 18, 2018 06:55

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In 2017, import-export turnover was estimated at nearly US$ 425 billion

07:54 | 03/01/2018

VCN - In December, import-export turnover of the country was estimated at US $ 39.1 billion, down 0.7% over the previous month. Of which, total export turnover was estimated at US $ 19.3 billion, down 3.5% and total import turnover was estimated at US $ 19.8 billion, up 2.1% according to the latest information provided by the General Department of Customs 

in 2017 import export turnover was estimated at nearly us 425 billion Major import commodities in eleven months of 2017
in 2017 import export turnover was estimated at nearly us 425 billion Preliminary assessment of Vietnam international merchandise trade performance in the first 11 months of 2017
in 2017 import export turnover was estimated at nearly us 425 billion Trade surplus 2017: Unnatural "Sweet fruit"
in 2017 import export turnover was estimated at nearly us 425 billion

The import and export activities of 2017 set many records. In the photo, the import-export activities in Hai Phong port. Photo: T.Bình.

With the above estimation, in 2017, the total import and export turnover of Vietnam reached nearly US $ 425 billion, a year-on-year increase of 20.9%. Of which, the export value was estimated at US $213.77 billion, up 21.1% and the import turnover was estimated at US $ 211.1 billion, up 20.8%.

Vietnam's trade balance in December 2017 was estimated at a deficit of US $ 500 million, equal to 2.6% of the export turnover. Thus, in 2017, trade balance of goods in Vietnam was expected at a surplus of US $ 2.67 billion, nearly US $ 900 million higher than the trade surplus in 2016 (nearly US $ 1.78 billion).

Regarding the major export commodities, telephone and components were estimated at US $ 45.09 billion, up 31.4% over the previous year; textiles and garments were estimated at US $ 25.93 billion, up 8.8% over the previous year and computers, electronics and components were estimated at US $ 25.88 billion, up 36.5%.

in 2017 import export turnover was estimated at nearly us 425 billion Exporting agriculture products: “benefits and stagger”

VCN - Meanwhile cashew nuts, coffee, vegetables and rice are gaining positive export prices, some other major ...

Regarding the major import commodities, computers, electronics and components were estimated at US $ 37.5 billion, up 34.4%; and machinery, equipment, tools and spare parts were estimated at US $ 33.64 billion, up 17.9% against 2016.

By Thai Binh/ Huyen Trang