Import-export revenue surges nearly 37 percent in March

Update: 12:26 | 29/03/2018
Total import-export revenue of Vietnam is estimated at 38.8 billion USD, a surge of 36.8 percent over the previous month, according to the General Department of Vietnam Customs.  
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Of the figure, exports are calculated to reach 19.8 billion USD, a rise of 38.2 percent month on month, while imports are valued at 19 billion USD, up 35.4 percent over February.

import export revenue surges nearly 37 percent in march
Illustrative photo. (Photo: VNA)

In the first three months of this year, total import-export revenue is likely to hit 107.32 billion USD, up 17.7 percent year on year, including exports of 54.31 billion USD and imports of 53 billion USD.

Export value of garment and textile is estimated at 6.3 billion USD, a year-on-year increase of 12.9 percent, while that of computers, electronic products and spare parts is about 6.29 billion USD, footwear 3.45 billion USD, wood and wooden products is 1.91 billion USD.

Meanwhile, earnings from aquatic products are 1.67 billion USD, up 11.2 percent, and coffee export revenue is 989 million USD, a drop of 3.7 percent over the same period last year.

At the same time, imports of computers, electronic products and spare parts in the first three months of this year are likely to reach 10.33 billion USD, a surge of 30.2 percent over the same period last year.

A year-on-year drop of 4.3 percent was seen in imports of machines, tools and equipment to 7.37 billion USD. The country imported over 3.51 million tonnes of petrol for 2.2 billion USD, up 20.1 percent in volume and 37.1 percent in value.

Vietnam is estimated to enjoy trade surplus of about 800 million USD in March and 1.3 billion USD in three months.

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(Source: VNA)