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Home / Economy / Trade - Service
US$600 mln trade deficit in eight months
By Nguyen Ngan 09:36, 2013/08/28
Viet Nam’s trade deficit in the past eight months stood at US$ 600 million, according to the General Statistics Office of Viet Nam.
The Hanoitimes - Viet Nam’s trade deficit in the past eight months stood at US$ 600 million, according to the General Statistics Office of Viet Nam.

In the period, export turnover reached US$84.8 billion, up 14.7%, and import value, US$85.4 billion, up 14.9%.

Of the export turnover, the State sector contributed US$28.7 billion, up 3.1% and the foreign-invested sector of US$56.1 billion, up 21.6%.

Items with high export turnover included phones and spare parts (US$13.1 billion, up 76.2%), garment (US$11.5 billion, up 17.3%), electronics, computers and spare parts (US$6.8 billion, up 42.2%) and footwear (US$5.5 billion and up 16.1%).

In import turnover, the State and foreign-invested sectors increased by 4% and 25.1%.

Machines and equipment led in import value with US$11.8 billion, up 9.6%. It was followed by electronics, computers and spare parts US$11.5 billion, up 41.6%, fabric US$5.5 billion, up 20.2%, phones and components US$5.2 billion, up 71.3% and iron and steel US$4.5 billion, up 10%.  
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