Export-import turnover in 6/2018 is estimated at $ 39.3 billion, down 3.5% over the previous month …
It is estimated that in the first half of 2018, the total import-export turnover of Vietnam is expected to reach $ 225.29 billion.
According to the General Department of Customs, export value in June was estimated at $ 19.6 billion, import value was estimated at $ 19.7 billion, trade deficit $ 100 million.
The General Department of Customs has just released a report on the work situation in June 2018. Accordingly, in June, the total value of exports and imports of the country is estimated at $ 39.3 billion, down 3.5% compared to May 2018.
Specifically, the export value is estimated at $ 19.6 billion, down 1.8% and import value is estimated at $ 19.7 billion, down 5.1% over the previous.
It is estimated that in the first half of 2018, the total import-export turnover of Vietnam is expected to reach 225.29 billion USD, up 13% over the same period in 2017, of which export is estimated at 113.93 billion USD up 16% and imports were estimated at $ 111.36 billion, up 10.2% over the same period last year.
Vietnam’s trade balance in June 2018 was estimated at a deficit of $ 100 million, but in the first half of 2018 it was still in surplus of $ 2.57 billion.
The major exports in June 2018 and the first half of 2018 are still phones of all kinds and components; computers, electronic products and components; textiles; Footwear; wood and wood products; seafood…
Two major items with lower export value in the first half of 2018 are coffee and crude oil. Accordingly, the value of coffee exports in June 2015 was estimated at $ 287 million, down 2.4%; The first half of the year reached $ 1.98 billion, down 6% over the same period in 2017.
For crude oil, June exports were estimated at 289,000 tonnes, down 14.4 percent at $ 165 million, down 18 percent from the previous month. Crude oil exports in the first six months were estimated at 1.85 million tonnes, valued at $ 1 billion, down 50.7 percent in volume and down 32.2 percent in value against the previous year.
In terms of imports, major imports in June 2018 and the first half of 2018 were gasoline; computers, electronic products and components; devices; phone; fabric; iron and Steel; Raw materials for textile …
Notably, in the first half of 2018, Vietnam imported a substantial amount of petroleum, estimated at over 7 million tons, valued at $ 4.61 billion, up 10.4% in volume and up 38% 8% in value over the same period in 2017.