Trade deficit of 2 billion USD in January

by VTV406 February 2017 Last updated at 12:37 PM

VTV.vn - Due to declining exports and increasing imports, domestic enterprises imported goods worth around 2 billion USD in January alone. This figure was announced by the General Statistics Office.

Accordingly, the export sector in the country reached 4.3 billion US dollars while imports reached 6.28 billion USD. On average, domestic enterprises import goods worth 68.1 million USD per day. Meanwhile, the FDI sector exported goods worth 10.3 billion USD, imported goods worth 8.5 billion USD and had a trade surplus of 1.8 billion USD.

According to economists, the concern here is that while the FDI sector experienced a trade surplus, the domestic sector experienced a trade deficit. This has put pressure on domestic firms to be more cost efficient.

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