Workers process tra fish at the factory of the An My Fish JSC in Phu Hoa township of Thoai Son district, An Giang province (Photo: VNA) Hanoi (VNA) – The surge in imports of severalcommodities limited the trade surplus in the past four months to 711 millionUSD, compared to the surplus of 3.7 billion USD during the same period lastyear.
According to the General Statistics Office(GSO), Vietnam earned some 19.9 billion USD in exports in April, down 12.6percent month on month but still up 7.5 percent year on year.
In the first four months of 2019, the export revenuewas estimated at 78.76 billion USD, up 5.8 percent from a year earlier. Thefigure consisted of 23.33 billion USD contributed by domestic companies and55.43 billion USD (including crude oil) by foreign invested firms, respectivelyrising by 10.5 percent and 4 percent.
There were 16 commodities with export turnoverof more than 1 billion USD each, and they accounted for 81.2 percent of thetotal shipments.
They include mobile phones and components (16billion USD – down 0.2 percent); electronic products, computers and components(9.6 billion USD – up 12.6 percent); textile-garment (9.4 billion USD – up 9.8percent); footwear (5.3 billion USD – up 13.4 percent); machinery, equipmentand spare parts (5.3 billion USD – up 4.1 percent); timber and wood products(3.1 billion USD – up 17.8 percent); transport vehicles and spare parts (2.9billion USD – up 5.7 percent); and aquatic products (2.4 billion USD – down 1.3percent).
The US was the largest export market of Vietnambetween January and April when it imported 17.8 billion USD worth of Vietnamesegoods, up 28.4 percent. It was followed by the EU (13.7 billion USD – up 2.8percent), China (10.4 billion USD – down 5.8 percent), ASEAN (8.4 billion USD –up 7.3 percent), the Republic of Korea (6.2 billion USD – up 7.3 percent), andJapan (6.1 billion USD – up 6.6 percent).
Meanwhile, about 20.6 billion USD worth of goodswas imported into Vietnam in April, down 2.6 percent month on month but up 17.6percent year on year, the GSO reported.
In the first four months, the country’s importturnover was estimated at 78.05 billion USD, up 10.4 percent from the sameperiod of 2018. That included 32.8 billion USD worth of items imported bydomestic businesses and 45.25 billion USD by foreign invested ones, up 14.4percent and 7.6 percent, respectively.
With 22.3 billion USD (up 18.8 percent), Chinaremained the biggest supplier of goods for Vietnam. It was followed by theRepublic of Korea (15.5 billion USD – up 3.1 percent), ASEAN (10.8 billion USD– up 9.2 percent), Japan (5.7 billion USD – down 1.4 percent), the EU (4.6billion USD – up 14.8 percent), and the US (4.2 billion USD – up 14.3percent).-VNA
VNA
