Trade deficit reaches US$3.07 billion in first half of 2015

Vietnam ran a trade deficit of US$3.07 billion in the first six months of this year, according to the most recent statistics released by the Vietnam Customs Agency.

Photo for Illustration (Photo: Thai Thien).

In the first half of the year, total export turnover reached US$77.77 billion, posting a 9.3% year-on-year increase, while the total import turnover was US$80.84 billion, an increase of 6.7% year on year.

As a result, there was a US$3.07 billion trade deficit in the first six months of 2015.

The FDI sector took the lead in terms of import revenue during the period, reaching US$100.71 billion, an increase of 22% compared to the same period last year.

Some products saw an increase in export turnover including garments, textiles, fruits and vegetables, telephones and spare parts, machinery appliances, iron, steel and wood.

(Source: nhandan.org.vn)