Vietnam sees trade surplus in mid-June

26-Jun-2019 Intellasia | The Saigon Times | 6:02 AM Print This Post

Vietnam posted a trade surplus of some $500 million in the first half of June, the local media reported.

The nation fetched some $10.2 billion from exports, mainly of phones and phone parts, computers, electronic products and apparel, in the first two weeks of June, taking the total in the year to June 15 to over $111.2 billion, according to statistics from the general Department of Vietnam Customs.

Meanwhile, the country spent $9.7 billion on imports during the first 15 days of this month, pushing the import bill in the year to June 15 to $111.1 billion.

Mobile phones and phone components became the largest export earner in the first half of June, with export revenue reaching $1.71 billion. Computers, electronics and parts came second with over $1.4 billion in revenue, followed by apparel with around $1.4 billion.

Statistics also show that computers, electronic products and their parts made up the largest proportion at $1.9 billion of the total import value in the first half of June. Machinery, equipment, tools and machine parts ranked second with some $1.4 billion.


Category: Economy, Vietnam

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