Home » Uncategorized » Exports soar 43 percent in January

VietnaExports soar 43 percent in Januarym is estimated to earn US$10.1 billion from exports in January, a year-on-year increase of 43.2 percent, according to the General Statistics Office (GSO).

Foreign invested sector contributed significantly to the country’s total export value with US$6.61 billion. The sector’s export turnovers surged 47.3 percent against the same time last year.

Among staples recording the highest turnover were crude oil, garments, seafood, footwear, mobile handsets and spare parts.

During the month, the country also posted an import turnover of US$9.9 billion, marking a yearly rise of 42.3 percent with foreign invested sector making up over half of the total with US$5.55 billion, up 52.7 percent year-on-year.

Following an optimistic result in 2012, the nation continued enjoying a trade surplus of US$200 million in the first month of this year.

After 20 years of running in a deficit, Vietnam achieved a trade surplus of US$780 million in 2012, according to the latest statistics from the General Department of Customs.

Export turnover for the year totalled US$114.57 billion, an increase of 18.2 percent over 2011 while import value reached US$113.79 billion, representing a year-on-year rise of 6.6 percent, the department said.

The statistics also showed that the foreign invested sector accounted for 54 percent of the country’s total trade value in 2012.

The sector recorded an export turnover of US$64.05 billion, up 33.8 percent year-on-year, while roughly US$59.94 billion worth of goods were imported, an increase of 22.7 percent on the same period.

VNA/VOV online

No comments yet... Be the first to leave a reply!