Ministry of Industry and Trade reported that in September alone, the country's export turnover reached US$5.3 billion, down nearly 11.9% month on month, bringing the total figure of Jan-Sep to US$48.6 billion, increasing 39% yoy. In which the exports by FDI enterprises (excluding crude oil) brought in US$17.8 billion, up 28.1% against 2007.
Thanks to an increase in export prices of key items such as crude oil, fossil coal, coffee and rubber will help the export turnover in first nine months increase by US$6.3 billion or 18%. Other export items including jewellery, gemstone, cashew, plastic products, suitcase, headwear, electronics, computers and accessories, vegetable, pepper, seafood, garment and textile, wooden products, footwear, electric cable and wire posted the growth rate of from 18 to 43% as compared with the same period of 2007.
This month's trade deficit was recorded at US$15.8 billion, accounting for 32.6% of the total export turnover. In which, the import spending of FIEs (excluding crude oil) was US$3.6 billion, of local firms was US$12.2 billion.
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