The Customs sector collects more than VND360 trillion for the state budget

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VCN – The result of revenue collection from the Customs sector increased positively in the first months of the year.

The result of revenue collection from import and export is better than the last year in 2021. Photo: T.Bình
The result of revenue collection from import and export is better than the last year in 2021. Photo: T.Bình

According to the General Department of Vietnam Customs, the revenues from import-export activities in October reached VND32,490 billion, thereby bringing the total revenue of the first 10 months of the year to VND362,413 billion, equivalent to 103% of the estimates for the whole of 2022, achieving 86.3% of the striving target, an increase of 14.6% over the same period in 2021.

Regarding import and export activities, in October, it was estimated at US$58.27 billion, approximately equal to the import and export value of the previous month (slightly increased by US$70 million). In which, export is estimated at US$30.27 billion, increasing 1.5% (equivalent to US$452 million) and import is estimated at US$28 billion, decreasing 1.3% (equivalent to US$382 million).

The total import-export value of the whole country in the first ten months of 2022 was estimated at US$616.24 billion, rising 14.1%, corresponding to an increase of US$75.94 billion compared to the same period in 2021. In which, exports were estimated at US$312.82 billion, increasing 15.9% (equivalent to an increase of US$42.98 billion) and imports were estimated at US$303.42 billion, rising 12.2% (equivalent to US$32.95 billion).

Thus, in October, the country witnessed a trade surplus of US$2.27 billion. Therefore, from the beginning of the year to the end of October 2022, the country has an estimated trade surplus of US$9.4 billion.

By Thái Bình/Thanh Thuy

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