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Trade deficit hits 2.13 billion USD

by VTV431 August 2017 Last updated at 09:21 AM

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Trade deficit hits 2.13 billion USD
(Photo illustrated: VNA)
VTV.vn - Vietnam's trade deficit was estimated to have reached 2.13 billion USD in the first eight months of 2017, according to the General Department of Vietnam Customs.

Vietnam's import value jumped 22.3 percent year-on-year to 135.63 billion USD while export turnover reached 133.5 billion USD, up 17.9 percent against the same period last year.

In August alone, Vietnam earned some 18.2 billion USD by shipping goods overseas, up 3 percent on-year and imported goods valued at 17.8 billion USD, up 2.3 percent, thus enjoying a trade surplus of 400 million USD.

The first eight months of 2017 saw growth of Vietnam's key exports, with phones and components up 14.8 percent and garments up 7.2 percent.