Exports surge 19% in seven months

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Nhân dân English - 10 month(s) ago 9 readings

Exports surge 19% in seven months

Nhan Dan – Vietnam’s export revenues in the seven months ending in July reached over US$62.93 billion, up 19% year on year, according to the Ministry of Industry and Trade.

During the January-July period, exports of manufactured goods rose by 27% while agricultural commodities and minerals went up by 7.4% and 3.8%, respectively, compared to the previous period last year.

The country earned US$9.6 billion from exports in July, down 2.9% against June. Manufactured goods increased by 1.7% and agricultural commodities rose by 1.8%, while minerals were up by 6.2% over the previous month.

In July, Vietnam’s imports fell by 0.3% against June to US$9.5 billion, bringing the aggregate value of imports in the first seven months of 2012 to US$62.991 billion, up 7.3% year on year.

The trade deficit during the January-July period stood at US$580 million, equivalent to 0.9% of the export value.

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