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Trade surplus nearly $US 3.72 billion at the end of September 2016

12:01 | 19/10/2016

VCN - According to preliminary statistics of the General Department of Customs, the total import and export turnover of the country since the beginning of the year through to September, 2016 was nearly $US 253.44 billion, an increase of 3.9%, corresponding to nearly $US 9.5 billion compared to September, 2015.

trade surplus nearly us 372 billion at the end of september 2016
Exports 10 commodity groups with the largest turnover in 9 months of 2016.

Also, according to statistics of the General Department of Customs, the total import and export turnover of Vietnamese goods in the period from September16th 2016 to September 30th 2016 reached more than $US 15,84 billion, an increase of 11.8%, corresponding to an increase of nearly $US 1.68 billion compared to the results of the first half of the month of September 2016.

The total export turnover of Foreign Direct Investment (FDI) enterprises is nearly $US 163.75 billion by the end of September 2016, up 5.5% over the corresponding period, an increase of $US 8.47 billion compared with the first nine months of 2015 and accounted for 64.6% of total export turnover.

In the second half of September 2016, the merchandise trade balance of the whole country is more than $US 1.16 billion, bringing the trade surplus of goods throughout Vietnam to nearly $US 3.72 billion since the beginning of the year through to September 2016

Regarding exports, the total export turnover of Vietnam is $US 8.5 billion in the the second half of September 2016, an increase of 22.8% (corresponding to an increase of nearly $US 1.58 billion in absolute terms) over the first half of September 2016.

Export turnover increased mainly due to increase/decrease in a number of the following commodity groups: telephone and components increased by 23%, respectively, up $US 301 million; textiles rose 17.1%, respectively, increased $US 171 million; machinery, equipment, tools or other parts rose 29.1%, respectively, increased $US 127 million; footwear types 31.6%, respectively, increased $US 120 million; seafood up 34.8%, respectively, up $US 99 million; computers, electronic products and components increased 11.6%, respectively, increased $US 95 million; etc. While some commodity groups fell such as vehicles decreased by 10.9% and parts, down $US 32 million; assorted petroleum fell 47.2%, down $US 20 million; cameras, camcorders and accessories fell 9.6%, respectively decreased by $US 18 million; and plastic materials fell 9.6%, down $US 2 million; etc.

Thus, by the end of September 2016, the total export turnover of Vietnam reached nearly $US 128.58 billion, up 7%, respectively, an increase of nearly $US 8.43 billion over the same period in 2015.

The preliminary statistics from the General Department of Customs also showed export value of foreign direct investment (FDI) enterprises in the second half of September 2016 reached nearly $US 5.98 billion, up 19.9% which ​​respectively increased by $US 993 million. Thereby, bringing the total export value in September 2016 of this business group to nearly $US 89.93 billion, up $US 9 billion, respectively 8% increase over $US 8.04 billion over the same period last year, accounting for 69.9% of total export value of the country.

Regarding imports, the total value is $US 7.34 billion in the second half of September 2016, up 1.3% (equivalent to $US 95 million in absolute terms) compared to the results of the first half of September 2016.

Merchandise import turnover in the period was mainly due to an increase/decrease in a number of the following commodity groups: machinery, equipment, tools, spare parts increased by 6, 3%, respectively, increased $US 70 million; phone and electrostatic types and components increased 11.2%, respectively, up $US 52 million; animal feed and raw materials increased by 33%, corresponding to an increase of $US 43 million; automobiles rose 57.6% with respective increases of $US 37 million USD; other vehicles and spare parts increased 90.3%, corresponding to an increase of $US 31 million; etc. In contrast, assorted petroleum fell by 7.6%, equivalent to reducing $US 14 million; plastic products decreased by 7.9%, equivalent to reducing $US 16 million; other base metals fell 55.4%, down $US 54 million; computers, electronic products and components fell 4.5%, the corresponding decrease of $US 56 million; corn fell 41.6%, down $US 62 million; etc.

Thus, by the end of September 2016, the total imports of the country reached more than $US 124.86 billion, a slight increase of 0.9% (equivalent to more than $US 1.07 billion) compared to the same period of 2015.

Imported goods worth of FDI in the second half of September 2016, reached more than $US 4.41 billion, down 0.3 % corresponding to $US 15 million. Thereby, bringing the total imports of this enterprises group to nearly $US 73.82 billion, a slight increase of 0.6% respectively, up to $US 427 million over the same period accounted for 59.1% in 2015 of Vietnam's total import prices.

By Bảo Hà/Thanh Thuy