Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.
Vietnam runs trade deficit of $2.7 billion in five monthsThursday, June 01, 2017 > 09:08:06
According to the Vietnam Customs, the total import-export turnover in the first five months of this year was estimated at 161.28 billion USD, a year-on-year increase of 20.7 percent.
Of which, the export turnover hit 79.3 billion USD, up 17.4 percent, while the import turnover reached 82 billion USD, up 23.9 percent.
Among key export products, phones and spare parts brought home 16.05 billion USD, a yearly rise of 12 percent, while garment-textile products earned 9.4 billion USD, a year-on-year increase of 9 percent.
The import turnover of machinery, equipment, and components grew by 38.8 percent to top 15 billion USD, and that for phones and spare parts rose by 23.4 percent to reach over 5 billion USD.