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Home / Economy / Trade - Service
Export value in January set new record
Ngoc Thuy 12:49, 2018/02/10
Vietnam`s total trade value in January reached US$40.26 billion.
That said, total trade value of Vietnam in the remaining half of January is estimated at US$21.54 billion, increasing 14.5% of US$2.72 billion compared to the first 15 days of the month, according to the General Department of Vietnam Customs. 
 
The export value this January has been the highest growth rate in January for many years.
The export value this January has been the highest growth rate in January for many years.
In which, trade value of foreign invested enterprises (FIEs) is reported at US$13.43 billion, up 8.3% or US$1.03 billion over the first half of January. 

This result has taken the total trade value of Vietnam in the first month of 2018 to US$40.26 billion, an increase of 46.2% or US$12.73 billion year-on-year. 

Also in the remaining half of January, Vietnam has had trade surplus of US$411 billion, taking trade surplus for this month to US$181 million. 

For export activities, the value in the second term of January reached US$10.97 billion, resulting in the trade value in January of US$2022 billion, increasing 41% or US$5.88 billion compared to the same period of 2017. 

Vietnam's export of agricultural, forestry and fisheries products reached US$3.09 billion in the first month of 2018, an increase of 25.9% compared to last year, according to the Ministry of Agriculture and Rural Development (MARD).

As such, the export value of main agricultural products is estimated at US$1.68 billion, up 34.1%, while seafood accounted for US$560 million, up 15.6%, and forestry products reached an export value of US$745 million, up 18.5% year-on-year. 

The increase in trade value of the remaining half of January compared to the first half is thanks to some specific goods, including: textile increased 25% or US$278 million; computers, electronic products and accessories increased 21% or US$225 million; equipment, parts and other devices increased 24.6% or US$134 million.

However, smartphones with the biggest export value is on the decline with a reduction of 13.6% or US$287 million. The above result has been the highest growth rate of export in January for many years. 

With regard to import activities, total import value in the remaining half of January reached US$10.56 billion, up 10.5% over the first half of the month. As of the end of January, total import value of Vietnam is estimated at US$20.04 billion, increasing 51.9% or US$6.85 billion compared to the same period of last year. 

Trade value in the second term of January experienced a strong increase in the following goods: petroleum products increased 137.5% or US$339 million; equipment, parts and accessories up 11.3% or US$156 million; garments of different types increased 10.6% or US$53 million. 
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