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Home / Investment / News
FDI businesses enjoy huge export surplus
08:51, 2014/05/04
Foreign direct investment (FDI) businesses remain the main contributor to the country’s trade balance, obtaining a record high of nearly US$4.1 billion in export surplus in the first four months of the year.
Foreign Investment Agency statistics show FDI businesses earned US$30.35 billion from exports (including crude oil) in the reviewed period, representing a year-on-year increase of 17.2% and accounting for 66.3% of the country’s total.
 

Mobile handsets and components topped the list of commodities attaining high export earnings, fetching US$7.7 billion, up 29.2%.

FDI businesses also imported US$26.25 billion worth of materials for production, up 18.2% from a year ago, or 58.3% of the country’s total.

While FDI businesses achieved a trade surplus of nearly US$4.1 billion, domestic businesses continued a trade deficit of US$3.4 billion in four months.

 
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