Trade Breaks New Record in October

3:33:01 PM | 11/21/2013

Total trade turnover reached a record high of US$25.12 billion in October, up 11.9 percent against the previous month.    

As of late October 2013, total trade volume valued US$217.59 billion, representing a year-on-year increase of 15.9 percent.

Of the figure, exports were US$108.72 billion (up 16 percent) and import US$108.87 billion (up 15.9 percent), resulting in a trade deficit of US$146 million, down 6.8 percent against 2012.

The FDI sector gained US$128.65 billion in shipping goods abroad and occupied 59.1 percent of the national total trade revenue.

The domestic sector exported around US$89 million of goods in the first ten months, up 3 percent and made up 41 percent of the total trade volume.

Vietnam chiefly exports telephones and spare parts, computers, electronic products and spare parts, footwear, crude oil, machines, equipment, aquaculture, furniture, rice, pepper and coal.

The country's main imports are computers, electronic products and spare parts, machines, equipment, telephones and spare parts, petrol and raw materials of garments and textiles and steel.

VGP