Trade surplus amounts to 10 billion USD by mid-August

Exports continued to recover in the first half of August, helping the country record 10 billion USD in trade surplus so far this year, according to the General Department of Vietnam Customs.

Saturday, August 22, 2020 17:10

Trade surplus amounts to 10 billion USD by mid-August ảnh 1

Workers process shrimp for export at a factory in Ninh Thuan province (Photo: VNA)

Hanoi (VNA) – Exports continued to recover in the first half of August, helping thecountry record 10 billion USD in trade surplus so far this year, according tothe General Department of Vietnam Customs.

From August 1 to 15, the country earned nearly 12.7 billion USD from exportswhile importing 10.8 billion USD worth of goods.

That added up to a total of more than 160.2 billion USD in overseas shipmentsduring the seven months and a half, rising by some 1.8 percent or nearly 3billion USD year on year. Meanwhile, imports fell by about 4 billion USD to150.2 billion USD.

That resulted in a trade surplus of 10 billion USD by mid-August.

Some outstanding export items in the first half of August included mobilephones and components (2.58 billion USD); computers, electronic products andcomponents (1.9 billion USD); textile-garment products (1.36 billion USD);machinery, equipment and spare parts (1.11 billion USD); and footwear (652 millionUSD).

During the period, major import commodities were computers, electronic devicesand components (2.9 billion USD); machinery, equipment and spare parts (1.58billion USD); mobile phones and components (759 million USD); and fabric (447million USD), statistics show./.

VNA

#trade surplus #General Department of Vietnam Customs #overseas shipments #Vietnam's exports #Vietnam's imports #footwear #textile-garment #updated Vietnam news #Vietnamplus #Vietnam News Agency

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