Export Expected to Rise 18.2 Percent

11:59:16 PM | 12/4/2012

Viet Nam will make export turnovers of some US$ 114.5 billion this year, up 4.6 percent against the plan, and up 18.2 percent over last year, predicted the Ministry of Industry and Trade.
 
 
Viet Nam posted export turnovers of over US$ 104 billion in the first 11 months of 2012
The country gained export turnovers of over US$ 104 billion in the first 11 months of this year, up 18.4 percent on-year.
 
Prices of some key exports increased, including tea (0.3 percent), pepper (15.9 percent), crude oil (0.5 percent), oil and petroleum products (3.7 percent), ores and minerals (182.9 percent).
 
Export volume to major markets also surged, for instance Japan (23.3 percent), the US (17 percent), the EU (21.3 percent), ASEAN (28.1 percent), and China (11.1 percent).
 
The 11-month import turnovers rose 6.8 percent to US$ 103.99 billion. Import turnovers of goods that need import control dropped 35.5 percent to over US$ 4 billion, and those of products which are subject to limited import decreased 5.5 percent to US$ 4.92 billion.
 
VGP