The whole country had a trade surplus of 1.26 billion USD in 7 months.
This trade surplus is equal to 1.5% of total export turnover, in which the FDI sector has a trade surplus of 9.78 billion USD; domestic trade deficit is 8.52 billion USD.
The General Statistics Office (Ministry of Planning and Investment) has just announced the country's import and export figures for the past 7 months. Of which, the estimated export turnover reached 83.5 billion USD, up 14.1% over the same period in 2013.
Contributing to this growth, the domestic economic sector reached 27.7 billion USD, up 12.2% and accounting for 33.2% of total export turnover; the foreign-invested sector (including crude oil) reached 55.8 billion USD, up 15%.
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In the 7 months, export turnover of some key products achieved high growth, such as: Phones of all kinds and components; textiles and garments; footwear; seafood; machinery, equipment, tools, other spare parts; wood and wood products; coffee; pepper.
Exports of some agricultural products and raw materials decreased in both quantity and value compared to the same period last year, including: Rice, cassava and cassava products, rubber, coal, and petroleum.
Regarding the export market, as of the end of July 2014, the United States was Vietnam's largest export market; followed by the EU, ASEAN, China, Japan, and South Korea.
In terms of imports, the turnover in the past 7 months has increased thanks to the contribution of a number of raw materials and accessories for production: Machinery, equipment, tools and spare parts; fabric; plastic; raw materials and accessories for textiles, garments, and footwear; animal feed and raw materials; other common metals; plastic products; wood and wood products; cotton...
Some items have import turnover in the first 7 months decreased compared to the same period in 2013, such as: Electronics, computers and components; iron and steel; fertilizer; rubber; motorbikes and components and spare parts.
Regarding the import market for the first 7 months of this year, China is still the largest import market for Vietnam. The trade deficit with China is estimated at 14.8 billion USD, up 14.4%.
Thus, after 7 months, our country had a trade surplus of 1.26 billion USD, equal to 1.5% of total export turnover, of which the foreign direct investment sector (including crude oil) had a trade surplus of 9.78 billion USD; the domestic economic sector had a trade deficit of 8.52 billion USD./.
According to vov
