Vietnam’s export turnover reaches nearly US$ 245.5 billion

According to the General Statistics Office of Vietnam, the Vietnam's total import-export value was estimated at US$ 245.48 billion in the first haft of 2019, setting the highest record since the beginning of the year. 
(Illustrative photo:SGGP)
(Illustrative photo:SGGP)

Accordingly, the export turnover was estimated at US$ 122.72 billion, up to 7.3 percent compared to the same period last year, of which domestic good exports reached US$ 36.8 billion, increased nearly 11 percent and accounted for 30 percent of the total export turnover. 

On the other side, the whole country’s import turnover was estimated at nearly US$ 122.76 billion, up 10.5 percent over the same period, of which the domestic import value reaches US$ 52.5 billion and the foreign import hit US$ 70.2 billion.

Thus, the trade deficit in the first half of 2019 was at US$ 34 million, equals only 0.03 percent of the total six-month export turnover. The domestic economic sector saw a trade deficit of US$ 15.7 billion, and foreign investment source (including crude oil) gained a trade surplus of US$ 15.68 billion.

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