Import-export trade volume rises 14%
(VOV) - The cumulative import-export trade volume of Vietnam rose to over US$77.97 billion for the first quarter of 2014, up 14% from last year’s same period, according to Vietnam Customs statistics.
The nation’s trade deficit for the quarter was US$613 million, bringing the overall trade surplus down from over US$1 billion to US$572 million.
By mid-April, total exports climbed to over US$39.27 billion, 16.1% higher than the same period last year.
The foreign –invested sector garnered an export volume of nearly US$24.31 billion, up 20.5%, accounting for nearly 61.9% of total export value.
Meanwhile some import items that saw a decrease in the first half of March included computers, electronics and components (down US$112 million), telephones and components (US$49 million), timber products (US$31 million), and plastics (US$31 million).
Several items experienced an increase such as petroleum (up US$168 million), machines, equipment and other components (US$134 million), and crude oil (US$80 million).