Trade deficit dips to US$158 bln in first half

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Báo điện tử CP English - 11 month(s) ago 1 readings

VGP – Vietnam’s trade deficit fell to US$158 billion in the first half of 2012, accounting for 0.3% of the total export turnover, according to the Vietnam Customs.

June’s total trade value hit US$19.42 billion, down 2.5% against the previous month. Of the figure, export revenue was US$9.89 billion, up 2% while import volume amounted to US$9.53 billion, down 6.8%. The country gained a trade surplus of US$36 million.

As of late June, the total export-import revenue was estimated at US$106.82 billion, up 13.9% against the same period last year. Meanwhile, export value soared to US$53.33 billion, up 22.7% and import value was US$54.49 billion, up 6.3%.

The six-month trade gap figure is much lower against the figures of the same periods of 2009, 2010 and 2011.

In FDI sector, the trade value reached US$56.92 billion, making up 53% of the country’s total trade figure./.

By Kim Anh

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