January trade value surges year on year

Vietnam’s export-import value reached 38.3 billion USD in January – up 39.9 percent compared to a year earlier but down 3.1 percent compared to December 2017.
January trade value surges year on year ảnh 1Vietnam sees year-on-year export surge in January (Source: VNA)

Hanoi (VNA) - Vietnam’s export-import value reached 38.3billion USD in January – up 39.9 percent compared to a year earlier but down3.1 percent compared to December 2017, according to the General Department ofCustoms.

The export value was estimated at 19 billion USD, up by 33.1percent year on year and down 3.3 percent from the previous month.

The main exports were mobile phones and spareparts, worth 4.2 billion USD, up 7.7 percent from the previous month, and 80.7percent from a year ago.

In January, exports of garment-textiles andcomputers and spare parts were estimated at 2.3 billion USD and 2.2 billionUSD, up 7.6 percent and 37.9 percent year on year, respectively.

Import value was projected at 19.3 billion USD, up 47.4percent year on year, and down 3 percent month on month.

State budget collection was estimated at 22.5 trillion – 23trillion VND ( around 1 billion USD), up 9.65 percent from 2017.

From January 16, 2017 to January 15, 2018, the customs sector uncovered768 cases of smuggling or trade fraud, worth more than 9 billion VND (396,000USD).-VNA
VNA

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