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| At Dong Nai port, Bien Hoa city__Photo: VNA |
Vietnam’s trade surplus hit USD 8.01 billion during January – May, with USD 156.77 billion in export revenue and USD 148.76 billion in imports, up 15.2 percent and 18.2 percent year-on-year, respectively, the General Statistics Office announced on May 29.
Of the total export earning, USD 43.69 billion came from the domestic sector and USD 113.08 billion from the foreign-invested one, rising 20.5 percent and 13.3 percent against the same time last year.
In the period under review, 26 kinds of products recorded export turnover of more than 1 billion USD each, or 90 percent of the total, including seven with over 5 billion USD.
The processing sector contributed some USD 137.39 billion to the total export revenue, or 87.7 percent, while the fuel and mining sector made up 1.3 percent, agro-forestry 8.8 percent, and fisheries 2.2 percent.
In the meantime, the domestic sector spent USD 54.95 billion on imports, and the foreign-invested one USD 93.81 billion, year-on-year increases of 24.2 percent and 14.9 percent.
The import of 27 groups of goods exceeded 1 billion USD each, with four recording revenue of more than USD 5 billion. Capital goods were the major imports in the period with an estimated value of USD 139.89 billion.
The US was the largest export market of Vietnam with revenue of USD 44 billion, while China was the leading import market of the country with USD 54.9 billion.
Also in the period, Vietnam enjoyed a trade surplus of USD 38.1 billion with the US, USD 14.3 billion with the EU, and USD 290 million with Japan. Meanwhile, it suffered a trade deficit of USD 32.3 billion with China, USD 11.1 billion with the Republic of Korea, and USD 4.2 billion from ASEAN.- (VNA/VLLF)
