Budget Revenue Soars Strongly

9:36:07 AM | 7/12/2022

Vietnam's total import and export value was estimated at US$371.2 billion in the first six months of 2022, up 16.4% or US$52.17 billion from the same period of 2021, said the General Department of Vietnam Customs. Of the sum, the country's export was estimated at US$185.94 billion, up 17.3% or US$27.37 billion while its import value was US$185.23 billion, up 15.5% or 24.8 billion).

Vietnam's trade surplus was estimated at US$710 million in the six-month period.

Some products have high export value, including telephone and components valued at US$28.58 billion; computers and electronic products at US$27 billion, up 13%; and machinery, equipment, tools and parts at US$21.3 billion, up 24.3%. Agricultural exports were estimated at US$15.8 billion from January to June, up 17.9%, accounting for 8.5% of the country's total exports.

The state budget revenue from imports and exports in June 2022 was at VND38,810 billion, totaling VND226,588 billion in the six-month period, or 64.4% of the plan and 15.4% higher than a year earlier.

By Le Hien, Vietnam Business Forum