Five commodities see exports over US$1 billion

Five commodities had export values exceeded US$1 billion in August, according to the Ministry of Industry and Trade.

The five commodities included phones and components, garment and textile and computers and electronic products.

Their corresponding export values in August were US$4.4 billion, US$2.9 billion and US$2.5 billion, respectively. The figures were up 13.9%, 1% and 0.2% month-on-month.

The two other commodities were named as machinery, equipment and spare parts and footwear, with export values of US$1.35 billion and US$1.4 billion, up 3.6% and down 2.5% against last month, respectively.

Export values of the above five commodities totalled US$12.55 billion, contributing up to 60% of the country’s total export value in August.

Over the month, Vietnam’s total export and import turnover was estimated at US$41.9 billion, up 1.5% over the previous month.

In particular, exports were estimated at US$20.9 billion, up 2.9% over the previous month, while imports were estimated at US$21 billion, up 0.2% from the previous month.

The total import and export turnover of the country in the first eight months was estimated at US$308.07 billion, up 13% over the same period of 2017. Of which export turnover was US$155.4 billion, up 14.5% and import turnover was US$152.7 billion, up 11.6%.

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