Vietnam runs trade deficit of US$2.7 billion in five months
Vietnam posted a trade deficit of nearly US$2.7 billion this year to the end of May, equal to 1.7 percent of the country’s total export turnover.
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Of which, the export turnover hit US$79.3 billion, up 17.4 percent, while the import turnover reached US$82 billion, up 23.9 percent.
Among key export products, phones and spare parts brought home US$16.05 billion, a yearly rise of 12 percent, while garment-textile products earned US$9.4 billion, a year-on-year increase of 9 percent.
The import turnover of machinery, equipment, and components grew by 38.8 percent to top US$15 billion, and that for phones and spare parts rose by 23.4 percent to reach over US$5 billion.
