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Exports hike up 9.3% annually in first half

Vietnam exported US$77.7 billion worth of commodities during the first half of 2015, a year-on-year increase of 9.3%, the General Statistics Office estimated.

Domestic enterprises shipped abroad US$22.8 billion worth of goods during the period through June, a drop of 2.9%.

Meanwhile, foreign invested companies saw a total export turnover, including crude oil, of US$54.9 billion, rising by 15.3% from a year earlier and making up 70.6% of the total exports – the highest ratio ever.

Among key export commodities, telephones and components brought home US$14.7 billion (up 27.1%), computers and components – US$7.4 billion (up 60.4%), footwear – US$5.9 billion (21.9%), and cashew nuts – US$1.1 billion (28.4%).

Overseas shipments in June alone were estimated at some US$14.3 billion, up 4.4% from the previous month.

Over the first two quarters, Vietnam posted an import turnover of US$81.5 billion, a year-on-year surge of 17.7%, compared to 10.5% a year before.

As a result, the six-month period saw a trade deficit of US$3.7 billion, equivalent to 4.8% of the total export value.


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