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Exports bring in 26.8 billion USD in seven months


Viet Nam’s export revenue soared to almost 26.8 billion USD in the first seven months of this year, posting a year-on-year rise of 19.6 percent, with 4.25 billion USD coming from July alone.

Staples such as aquatic, crude oil, coffee, textile and garment, footwear and wooden products all exceeded the 1 billion USD mark.

Other items also recorded high growth rates such as coal with 23.6 percent, electronic appliances and computer components with 24.6 percent, and vegetables and fruits with 23 percent.

The import turnover in July was 5.05 billion USD, pushing up the total value in the seven months to 32.2 billion, a year-on-year increase of 29.8 percent.

According to the Trade Ministry, the period saw a massive amount of import of materials and equipment for production while consumer goods were imported at a more modest rate.

The country’s trade deficit of 5.45 billion USD over the period surpassed expected targets and represented 20.3 percent of total export turnover. (VNA)

 

 
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