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Home / Economy / Trade - Service
Vietnam’s trade turnover tops US$100-billion mark in Q1
Hai Yen 12:38, 2019/03/25
The FDI’s exports year to March 15 reached US$32.76 billion, up 2.7% year-on-year, accounting for 69.6% of Vietnam’s total exports.
Vietnam’s trade turnover reached the US$100-billion mark year to March 19, according to the General Department of Vietnam Customs (GDVC). 
 
Illustrative photo.
Illustrative photo.
The country’s trade revenue as of March 15 stood at US$93.6 billion, up 6.3% year-on-year or US$5.55 billion. 

This resulted in a trade surplus of US$0.61 billion in the first half of March, helping the country record an accumulated trade surplus of US$0.5 billion year to March 15. 

In the first half of March, Vietnam’s exports reached US$10.95 billion, up 13.6% against the last 15 days of February. By the end of March 15, total exports climbed 5.4% year-on-year or US$2.4 billion to US$47.05 billion. 

Meanwhile, Vietnam imported goods worth US$10.34 billion in the first half of March, up 24.5% or US$2.03 billion compared to the last 15 days of February. By the end of March 15, total imports were US$46.55 billion, up 7.3% or US$3.16 billion year-on-year. 

During the first fortnight of March, the FDI sector posted trade turnover of US$13.84 billion, up 16.6% or US$1.97 billion compared to the last 15 days of February. 

As of March 15, the FDI sector recorded trade turnover of US$59.98 billion, up 3.6% year-on-year or US$2.09 billion, and a trade surplus of US$1.8 billion in the first 15 days of March and US$5.54 billion year to March 15. 

Notably, the FDI’s exports as of March 15 reached US$32.76 billion, up 2.7% year-on-year, accounting for 69.6% of Vietnam’s total exports, while imports were US$27.22 billion, up 4.7% year-on-year and accounting for 58.5% of the country's total imports. 
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