Vietnam racks up trade surplus of US$1.97 billion during second half of March
VOV.VN - Vietnamese import and export turnover of goods reached US$30.78 billion during the second half of March, representing a fall of 15% against the same period from last year, with the country posting a trade surplus of US$1.97 billion, according to statistics released by the General Department of Vietnam Customs.
Among the major export products are four items with export turnover reaching US$1 billion each, thereby accounting for 51% of total export turnover of goods in the second half of March.
Computers, electronic products, and components achieved the highest turnover with US$2.66 billion, followed by phones and components with US$2.46 billion, machinery, equipment, tools, and spare parts with US$2 billion, and garment and textiles with US$1.38 billion.
Among the main export items, 34 out of 45 export items recorded negative growth, of which coal witnessed the steepest decrease of 99% on-year, trailed by ores and minerals, cassava and cassava products, chemicals, as well as glass and glass products. In contrast, crude oil was the commodity with the highest growth rate of 706% on-year.
Among the agricultural and aquatic product category, aquatic products were the export items with the highest value of US$430 million, followed by rice with US$292 million, coffee at US$252 million, and fruit and vegetables at US$245 million.
Meanwhile, the country spent US$14.4 billion on importing goods between March 16 and March 31, down 16% compared to the same period from last year.
During the first three months of the year, the total import-export turnover hit US$153.78 billion, a decline of 13% on-year, with the nation racking up a trade surplus of US$4.82 billion.