Import-export surges nearly 40%
Vietnam’s import-export revenue amounted to US$57.12 billion from the beginning of 2018 to mid-February, up 37.2% compared to the same period last year.
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According the General Department of Vietnam Customs, a trade surplus of US$1.67 billion was recorded in the period.
The foreign-invested sector’s import-export turnover was close to US$11 billion within the first 15 days of February, down 18.1% from the last half of January.
Vietnam’s total foreign trade value was US$425 billion in 2017. The value of exports was estimated at US$213.77 billion, a year-on-year increase of 21%, higher than the annual growth rate of 9% in export value in 2016.
Meanwhile, the value of imports in 2017 was estimated at US$211.1 billion, 20.8% higher than 2016.
As a result, the country maintained a trade surplus of about US$2.7 billion, the same figure as 2016.
