VN runs US$ 10 billion trade surplus as trade bounces back
14:17 | 21/08/2020

VGP – Viet Nam ran a trade surplus of US$10 billion between January to August 15 this year as trade has bounced back, according to the Viet Nam Customs.

A corner of Hai Phong Port

As of mid-August, total export turnover touched US$ 160.2 billion, representing a year-on-year increase of nearly US$ 3 billion or 1.8%. 

Meanwhile, import value decreased by US$4 billion to US$ 150.2 billion. 

In the first 15 days of August alone, exports totaled nearly US$ 12.7 billion and import volume valued US$ 10.8 billion. 

The biggest hard currency earners included telephones and spare parts with US$ 2.58 billion; computers, electronic products, and spare parts with US$ 1.9 billion; garments and textiles with US$ 1.36 billion; machines, equipment, and spare parts with US$ 1.11 billion; and footwear with US$ 652 million. 

On the other hand, Viet Nam chiefly imported computers, electronic products and spare parts with US$ 2.9 billion; machines, equipment, and spare parts with US$ 1.58 billion; phones and spare parts with US$ 759 million; and fabrics with US$ 447 million./.  

By Huong Giang

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