Trade deficit of US$61 million in two months

VGP – Viet Nam’s excess of imports over exports in the first two months of 2015 was estimated at US$61 million, according to the General Statistics Office.

March 04, 2015 4:42 PM GMT+7

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The State sector saw a trade deficit of US$2.07 billion while the foreign-invested sector enjoyed a trade surplus of US$2.01 billion (including crude oil).

The nation gained US$23 billion from exports over the past two months, a year-on-year increase of 8.6%.

The export turnover of some items saw high growth compared to the same period last year such as electrics, computers and spare parts up 57.1%, peppercorn up 35.8% and bags, suitcases, hats and umbrellas up 32.8%.

Viet Nam’s import turnover attained US$23 billion in two months, a year-on-year increase of 16.3%.

In February only, the nation’s export and import turnover achieved US$9.6 billion and US$9.3 billion, down 28.4% and down 32.4% against the previous month, respectively.

By Thuy Dung