Exports soar 43% in January
Exports soar 43% in January
Viet Nam is estimated to export US$10.1 billion worth of goods in January, a year-on-year increase of 43.2 per cent, according to the General Statistics Office (GSO).
Foreign-invested sector contributed significantly to the country's total export value with $6.61 billion. The sector's export turnover surged 47. 3 per cent against the same time last year.
Among staples recording the highest turnover were crude oil, garments, seafood, footwear, mobile handsets and spare parts.
During the month, the country also posted an import turnover of $9.9 billion, marking a yearly rise of 42.3 per cent with foreign-invested sector making up over half of the nation's total imports of 5.55 billion, up 52.7 per cent year-on-year.
Following an optimistic result in 2012, the nation continued achieving a trade surplus of $200 million in the first month of this year.
After 20 years of running in a deficit, Viet Nam achieved a trade surplus of $780 million in 2012, according to the latest statistics from the General Department of Customs.
Export turnover for the year totalled $114.57 billion, an increase of 18.2 per cent over 2011 while import revenue reached $113.79 billion, representing a year-on-year rise of 6.6 per cent, the department said.
The statistics also showed that the foreign-invested sector accounted for 54 per cent of the country's total trade value in 2012.
The sector recorded an export turnover of $64.05 billion, up 33.8 per cent year-on-year while roughly $59.94 billion worth of goods were imported, an increase of 22.7 per cent on the same period.
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