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Vietnam’s trade deficit reaches $4bilion in first nine months

by VTV24 September 2015 Last updated at 09:39 AM

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Vietnam’s trade deficit reaches $4bilion in first nine months
VTV.vn - Vietnam's trade deficit in September reached 0.22 bln USD, resulting in a 4 billion USD trade deficit for the first 9 months of this year, reported the General Department of Vietnam Customs.

Accumulated imports since the beginning of the year reached 117 billion USD, including mainly machines, components, and equipment for production and export.

Meanwhile, export turnover for the first 9 months recorded USD 113 billion, leading products consisting of aquatic products, garment and textiles, and mobile phone parts.

The result of these figures is a national trade deficit of 3.5% in export turnover, below the Government’s target of 5%.