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Home News Exports soar 43 pct in January

Exports soar 43 pct in January

alt Vietnam is estimated to earn 10.1 billion USD 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 6.61 billion USD. 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 9.9 billion USD, marking a yearly rise of 42.3 percent with foreign invested sector making up over half of the total with 5.55 billion USD, up 52.7 percent year-on-year.

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

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

Export turnover for the year totalled 114.57 billion USD, an increase of 18.2 percent over 2011 while import value reached 113.79 billion USD, 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 64.05 billion USD, up 33.8 percent year-on-year, while roughly 59.94 billion USD worth of goods were imported, an increase of 22.7 percent on the same period.-VNA


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