Corporate finance information

Trade turnover surges 4.6 PCT in Jan-Oct

01/11/2016

Total trade turnover was estimated at US$ 284.64 billion in the first ten years, posting a year-on-year surge of 4.6 per cent, according to Viet Nam Customs..

Export turnover was estimated at US$ 144.08 billion and import volume was US$ 140.56 billion.

In the first ten months, Viet Nam ran a trade surplus of nearly US$ 3.52 billion.
 

Telephone and spare parts and garments and textiles were the two largest hard currency earners in the first ten months.

Specifically, overseas shipment of telephones and spare parts valued US$ 28.3 billion. The commodity also enjoyed a trade surplus of US$ 19.75 billion.

Total export turnover of garments and textiles and footwear amounted to US$ 30.26 billion in the first ten months. Import of garment and footwear raw materials was US$ 12.7 billion. Thus, the commodity posted a trade surplus of US$ 17.56 billion, including US$ 19.9 billion of garments and textile exports (up 5.2 per cent against the same period last year) and US$ 10.36 billion of footwear export (up 6.9 per cent).

Other key exports included aquaculture (US$ 5.74 billion of export turnover); coffee (US$ 2.78 billion); furniture (US$ 5.58 billion).