30/11/2014
Vietnam reports trade surplus of US$2 billion in January-November
Vietnam’s trade surplus in the first eleven months of 2014 was estimated at US$2 billion, according to the General Statistics Office (GSO).
Vietnam reports trade surplus
of US$2 billion in January-November
Vietnam’s trade surplus in the first eleven months
of 2014 was estimated at US$2 billion, according to the General Statistics
Office (GSO).
The
latest data released by the GSO showed that Vietnam exported goods worth US$137
billion during the January-November period, up 13.7% in comparison with the
previous year.
The
foreign sector remained as the main contributor to export growth, earning
revenues of US$92.2 billion while domestic enterprises brought in US$44.8
billion.
A
number of key exports such as garment, footwear, seafood, timber and coffee
continued to achieve steady gains while coal and oil exports dropped in
comparison with the same period of last year.
The
export of rubber saw a slight increase in volume but value decreased 26.2% as
average prices dropped by 27.5% from the previous year.
Throughout
the first eleven months of 2014 the US was still the largest importer of
Vietnamese goods, valued at US$26.2 billion, followed by the EU, ASEAN and
China.
On
the other side, total imports were estimated at US$135 billion, with more than
half of goods purchased by foreign-invested firms.
Main
imports during the period were machinery and equipment, garment materials, oil
and plastic products.
Most
imports came from China, with which Vietnam posted a trade deficit of US$26.4
billion.
(nhandan.org.vn)