Illustrative image (Source: customesnews.vn) Hanoi (VNA) –Vietnam gained trade surplus of 2.68 billion USD in 2016, theGeneral Department of Customs reported.
Thegeneral department said the nation had total trade value of 349.2 billion USD thisyear, a year-on-year increase of 6.6 percent. However, trade value in Decemberdropped by 0.6 percent to 32.3 billion USD, including 16.3 billion USD inimport value and 16 billion USD in export value.
Vietnamhad 175.94 billion USD in export value, a year-on-year surge of 8.6 percent and173.26 billion USD in import value, a year-on-year increase of 4.6 percent in2016.
Thisyear, the nation gained trade surplus 2.68 billion USD, while last year, it hadtrade deficit of 3.55 billion USD.
Groupsof products with high export value this year did not witness many changes fromthe previous years, the general department said.
Thisyear, telephones and their components had the highest export value at 34.51billion USD, followed by 23.56 billion USD from textile and garment exports,3.3 percent higher than last year.
Otherproducts with large export value included the group of computers, electronicsand their components (18.48 billion USD), the group of equipment, machines,tools and parts (10.48 billion USD), footwear (12.92 billion USD), seafood(7.02 billion USD) and the group of transportation means and their parts (6billion USD).
Difficultiesin market and price this year made export value of crude oil drop by 36.7percent to 2.35 billion USD, the general department said.
In2016, the group of machines, equipment, tools and parts had the largest importvalue at 28.09 billion USD, 1.8 percent higher than last year.
Itwas followed by the group of computers, electronics and their parts with totalimport value of 27.8 billion USD.
Importvalue of telephones and their parts dropped by 0.3 percent year-on-year to10.56 billion USD.
Otherproducts such as steel, material for plastic, material and sub-material fortextile, garments and footwear production had high import value of between 5billion USD and 10.5 billion USD.
In2016, Vietnam showed growth in import volume of petrol and oil at 14.2 percentto 11.47 million tonnes. It, however, also saw a reduction in import value ofthese products at 11.7 percent to 4.71 billion USD compared to the previousyear./.
Thegeneral department said the nation had total trade value of 349.2 billion USD thisyear, a year-on-year increase of 6.6 percent. However, trade value in Decemberdropped by 0.6 percent to 32.3 billion USD, including 16.3 billion USD inimport value and 16 billion USD in export value.
Vietnamhad 175.94 billion USD in export value, a year-on-year surge of 8.6 percent and173.26 billion USD in import value, a year-on-year increase of 4.6 percent in2016.
Thisyear, the nation gained trade surplus 2.68 billion USD, while last year, it hadtrade deficit of 3.55 billion USD.
Groupsof products with high export value this year did not witness many changes fromthe previous years, the general department said.
Thisyear, telephones and their components had the highest export value at 34.51billion USD, followed by 23.56 billion USD from textile and garment exports,3.3 percent higher than last year.
Otherproducts with large export value included the group of computers, electronicsand their components (18.48 billion USD), the group of equipment, machines,tools and parts (10.48 billion USD), footwear (12.92 billion USD), seafood(7.02 billion USD) and the group of transportation means and their parts (6billion USD).
Difficultiesin market and price this year made export value of crude oil drop by 36.7percent to 2.35 billion USD, the general department said.
In2016, the group of machines, equipment, tools and parts had the largest importvalue at 28.09 billion USD, 1.8 percent higher than last year.
Itwas followed by the group of computers, electronics and their parts with totalimport value of 27.8 billion USD.
Importvalue of telephones and their parts dropped by 0.3 percent year-on-year to10.56 billion USD.
Otherproducts such as steel, material for plastic, material and sub-material fortextile, garments and footwear production had high import value of between 5billion USD and 10.5 billion USD.
In2016, Vietnam showed growth in import volume of petrol and oil at 14.2 percentto 11.47 million tonnes. It, however, also saw a reduction in import value ofthese products at 11.7 percent to 4.71 billion USD compared to the previousyear./.
VNA
