Export-import turnover reaches US$1.41 billion during Tet
Vietnam’s export-import turnover reached US$1.41 billion during the Lunar New Year (Tet) holiday which lasted from February 8 - 14, according to the General Department of Vietnam Customs.
The agency reported that over 1,000 businesses nationwide engaged in import and export activities during the seven-day period. Meanwhile, nearly 10,000 customs declarations were processed in the reviewed period.
During the holiday, Vietnam earned US$730 million from exports, while spending US$680 million on imports.
The commodity group of phones and components was the largest earner with US$282.8 million, making up 38.7% of the total export value during Tet. It was followed by electronic products and components (US$263.6 million) and machinery and equipment (US$54.4 million), accounting for 36.1% and 7.5%, respectively.
Vietnam imported from the Republic of Korea goods with total value of nearly US$239 million, accounting for 35.2% of the total import value during Tet.
The department said the import-export value of the country totaled US$82.56 billion from January 1-February 14, up 17.1% compared to the same period last year.
Of the figure, export revenues hit US$43.83 billion, while imports were valued at US$38.73 billion, resulting in a trade surplus of over US$5.1 billion.