Viet Nam’s Export-Import Turnover Hits over US$681 Bln by Mid-November

As of November 15, Viet Nam's total import-export turnover reached US$681.48 billion, a year-on-year increase of 15.7 percent, reported the General Department of Viet Nam Customs.

Of the figure, foreign direct investment (FDI) sector contributed US$461.33 billion, up 14 percent or US$56.74 billion from the same period last year. 

The Southeast Asian nation earned US$352.38 billion from exporting goods, up 14.8 percent, or US$45.54 billion against same period last year. 

Key export products include computers, electronics and spare parts up 26.1 percent; machines and tools up 21.7 percent; garments up 10.6 percent; and timber up 21.4 percent. 

During the reviewed period, Viet Nam spent US$329.1 billion on imports, up 16.6 percent (or US$46.74 billion). 

The country enjoyed a trade surplus of US$23.28 billion. 

Viet Nam's trade with the rest of the world is expected to hit US$800 billion by the end of this year.

Source: Vietnam Business Forum