VCN - According to data from the General Department of Customs, by the end of October 2018, the Customs revenue reached VND 254,160 billion, equal to 89.810% of the estimate, equal to 86.74% of the desired target (VND 293 trillion), up 6.82% over the same period in 2017.
|Customs revenues reached VND 68,027 billion in the first quarter of 2018|
|Customs must collect 24 trillion VND in each remaining month|
|Customs paid 1,034.3 billion VND of Customs post-clearance audits to State budget|
|Customs officers at Da Nang port Customs Branch inspect imported and exported goods Photo: N.Linh|
According to statistics from the General Department of Customs, the country’s total import-export turnover in 10 months of 2018 is estimated at US$ 394.11 billion, up 13% over the same period last year, of which the export value is estimated at US$ 200.27 billion, up by 14.2% and the import value is estimated at US$ 193.84 billion, up 11.8%.
Particularly, in October 2018, the country’s total imports and exports are estimated at US$ 41.5 billion, up by 2.1% over the previous month; in which, the exports are estimated at US$ 20.8 billion, down by 1.5% and the imports are estimated at US$ 20.7 billion, up 6.1%.
Vietnam's trade balance in October 2018 is estimated at a surplus of US$ 100 million. Thus, bringing Vietnam's surplus in the first 10 months of 2018 to US$ 6.42 billion.
In terms of exports, all kinds of mobile phones and components in October decreased compared to the previous month (estimated exports of this group in October 2018 is US$ 4 billion, a month-on-month decrease of 21.4%) However, the exports in the first 10 months of this year are estimated, at US$ 40.69 billion, an year-on-year increase of 10.6%.
Exports of textile and garment products in October 2018, are estimated at US$ 2.7 billion, unchanged from the previous month and bringing the export turnover in 10 months of 2018 to US$ 25.15 billion, up 17.1% over the same period last year.
In addition, exports of items such as computers, electronic products and components; machinery, equipment, tools, spare parts; seafood; wood and wood products; means of transport and parts thereof and coffee also increases significantly.
In terms of imports, computers, electronic products and components are estimated at US$ 3.8 billion in October 2018, up 7.4% from the previous month. By the end of October 2018, the country imported US$ 34.61 billion in computers, electronic products and components, up 13.2% year on year.
For the group of fabrics, the imports of this group in October 2018 are estimated at US$ 1.05 billion, up 4.7% over the previous month. It is estimated that by the end of October 2018, the imports of fabrics of all kinds reached US$ 10.46 billion, an increase of 12.9% against 10 months in 2017.
All kinds of iron and steel were imported in October 2018, 1.1 million tons, up 0.3% and valued at US$ 817 million, up 3.6% over the previous month. The imports of iron and steel in the first 10 months of 2018 are estimated at 11.38 million tons, down 10.5% and worth US$ 8.33 billion, a year-on-year increase of 10.6%.
Petroleum products imported in October 2015 are estimated at 700 thousand tons, unchanged from the previous month and valued at US$ 510 million, up 1.6%. In the first 10 months of 2018, the import volume is estimated at 10.03 million tons, valued at US$ 6.77 billion, down 5.1% in volume and 20% in value compared to the same period last year.
|Petrol strongly affects Customs revenue collection
VCN - In the last 6 months of the year, the State revenue collection from the Customs ...
Other common metals, estimated at 150,000 tons in October 2018, rising 19.5% and worth US$ 538 million, up 16 % from the previous month. The imports in the first ten months are estimated at 1.89 million tons, up 31.7 % and worth US$ 6.21 billion, an increase of 29.9 % over the same period last year.
By Ngoc Linh/ Huyen Trang