Illustrative photo (Photo: VNA)
Hanoi (VNA) – Vietnam’s trade deficit was estimated to hit 2.13
billion USD in the first eight months of 2017, according to the General
Department of Vietnam Customs.
During the reviewed time, Vietnam’s import value jumped by 22.3 percent
year-on-year to 135.63 USD while the export turnover reached 133.5 billion USD,
up 17.9 percent against last year. The country’s import-export turnover hit
269.13 billion USD, a yearly increase of 20.1 percent.
In August only, Vietnam
earned some 18.2 billion USD by shipping goods overseas, up 3 percent on-year
and imported goods valued at 17.8 billion USD, up 2.3 percent, thus enjoying a
trade surplus of 400 million USD.
The first eight months of 2017 saw growth of Vietnam’s key exports, with phones and components up 14.8 percent to 25.96 billion USD and
garments up 7.2 percent to 16.7 billion USD.
From January to August, Vietnam also imported nearly 8.65 million tonnes
of oil and petroleum worth of 4.46 billion USD, up 9.1 percent in amount and
38.2 percent in value against last year. –VNA