Five-month trade gap touches US$1.2 billion

According to the Vietnam Customs Office, trade gap was at US$1.2 billion in the first five months of this year, down from an earlier estimated figure of $1.9 billion, accounting for 2.4 percent of the country’s total exports.

In May, export turnover touched around $11.68 billion and import turnover was at $12.23 billion, up 11.5 percent.

Since the beginning of this year, total imports and exports reached $102.51 billion, up 16.7 percent compared to the same period last year. Of which, exports hit $50.65 billion, an increase of 16.7 percent, and imports neared $51.86 billion, an increase of 16.8 percent.

By H.My – Translated by Thuy Doan

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