Export surplus hits US$40 million in early 2014

(VOV) -Vietnam produced an export surplus of US$40 million in the first two weeks of this year, reported the General Department of Customs.

Accordingly, total export-import turnover hit US$11.05 billion from January 1-15, an annual increase of 12.7%. Of the combined value, export earnings reached US$5.55 billion, up 10.1% compared to the same period last year.

Products attaining high export value included garments (US$201 million), footwear (US$91 million) and seafood (US$84 million).

Foreign direct investment (FDI) enterprises raked in US$3.39 billion from exports, representing an increase of 12.6% and accounting for nearly 61.2% of the country’s total.

The country’s import value hit US$5.51 billion in the reviewed period,, up 15.6%. Key import commodities include machinery (US$237 million), oil and gas (US$138 million), corn (US$60 million) and fabric (US$48 million).

The import value of FDI businesses fetched US$3.19 billion, up 16.3% and making up 58% of the country’s total.