Trade turnover surges over US$42 billion in five months

VOV.VN - Vietnam’s total import-export value during the opening five months of the year reached US$306.16 billion, a rise of 16% or equivalent to a US$42.2 billion increase against the same period last year, according to statistics released by the General Department of Vietnam Customs.

Most notably, the country’s import and export value during the second half of May soared by 24.2% to US$35.17 billion, equal to US$6.86 billion compared to the first half of May.

Of the figure, total import-export value of foreign-invested enterprises during the five-month period reached US$211.43 billion, up 15.2%, while the trade value of domestic enterprises rose by 17.7% to reach US$94.73 billion against the same period last year.

Furthermore, a number of commodity groups recorded high export growth during the second half of May, including computers, electronic products and components, up 68%, machinery, equipment, tools and spare parts, up 42.2%, garments and textiles, up 37.5%, phones & accessories, up 22.9%, and footwear of all kinds, up 44.4%.

Meanwhile, high import value was seen in commodity groups such as computers, electronic products and components, up 10.6%, other machinery, equipment, tools & spare parts, up 14.3%, and chemicals, up 34.6%

During the five-month period, the country’s total export value reached US$153.3 billion, up 16.7%, equivalent to US$21.9 billion against the same period last year, while total import value soared by 15.3% to US$152.86 billion.

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