Imports and exports reach more than US 464 billion

Sketched by T.Bình

According to General Department of Vietnam Customs, in the first half of August (from 1st to 15th), the total export turnover was more than US$30 billion.

Accordingly, exports reach US$15.13 billion, dropping by 7%, equivalent to US$1.13 billion compared to the second half of July in 2022.

In the first half of August, there are five groups of export commodities achieving a turnover of US$1 billion and above including phones and accessories (US$2.71 billion); machinery, equipment, tools and spare parts (US$1.94 billion); computers, electronic products and components (US$1.87 billion); textiles (US$1.8 billion); and footwear (more than US$1 billion).

In the first 15 days of August, imports reached US$15.24 billion, up about 7.8% compared to the second half of July 2022 (equivalent to US$1.1 billion).

Imports have two groups of goods with a turnover of US$1 billion in the first half of August, namely computers, electronic products and components (US$3.5 billion); machinery, equipment, tools and spare parts (US$1.97 billion).

In general, from the beginning of the year to August 15, the total import-export turnover reached US$464.13 billion.

In which, exports reached US$232.76 billion, increasing by 17.67% over the same period last year (equivalent to nearly US$35 billion); imports reached $231.37 billion, up 6.5% over the same period last year (equivalent to an increase of US$14.1 billion).

In the first half of August, the trade balance experienced a deficit of more than US$100 million, however, from the beginning of the year to August 15, the country still witnessed a trade surplus of US$1.39 billion.