Trade surplus touches US$90 million in July

According to the General Department of Vietnam Customs, in the first half of July, trade surplus was around US$90 million as exports reached $5.16 billion, while imports touched $5.07 billion.

From the beginning of the year to July 15, cell phones and accessories topped the list of highest export commodities with $10.7 billion, up 92 percent compared to the same period last year; garments and textiles hit $8.7 billion, up 16.8 percent year-on-year; and computers, electronic products, and components touched $6.2 billion, up 41.6 percent year-on-year.

In imports, machinery, equipment, and spare parts took first place at nearly $9.2 billion, up 8.1 percent year-on-year; followed by computers, electronic products, and components with $9.1 billion, up 47.6 percent year-on-year.

Thus, trade gap by July 15 was reduced to around $755 million, or 1.1 percent of total export turnover of the country.

By Ha My – Translated by Thuy Doan

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