TRADE SURPLUS EXCEEDS US$1.6 BLN IN FIVE MONTHS

It resulted a trade surplus of US$1.639 billion in five months.

Up to 13 commodities joined the US$1 billion export club, including phones and accessories with US$14.254 billion, up 19.1%, garment US$8.623 billion, up 6.4%, computers, electronics and spare parts US$6.376 billion, up 6%, footwear US$5.049 billion, up 8% and machines, equipment and tools US$3.626 billion, up 16.1%.

The exports of gemstones saw the highest growth with 58.7%, reaching US$391 million.

The foreign-invested sector contributed US$47.133 billion to the nation’s total export turnover, accounting for 70%.

Among 16 commodities participating the US$1 billion import club, two saw the import value exceeding US$10 billion, including machines, equipment and tools US$10.59 billion and computers, electronics and spare parts US$10.441 billion.

The import value of foreign-invested sector the foreign- invested sector obtained US$38.796 billion, making up 59%.

Source: VGP