Vietnam has incurred a trade deficit for the fifth consecutive month in June, with the gap falling to $200 million this month from an estimated $1.2 billion in May, the General Statistics Office said.
The trade gap in June is likely to account for 1.75% of the country’s total export in the month, the financial website gafin.vn quoted the office as saying Thursday.
Vietnam is estimated to have earned $11.4 billion from exports this month, down 2.3% from May, and spent $11.6 billion on imports, falling by 5%.
Up to 66.67% of the country’s export revenue this month, including crude oil or $7.6 billion was contributed by foreign-invested enterprises, the office noted.
Vietnam’s export staples in June were mobile phone and spare part; apparel; computers, electronics and spare parts; and crude oil while its main imports were machinery, equipment and spare parts; computers, electronics and spare parts; cloth; and steel and iron
In the first half of this year, Vietnam is estimated to have incurred a trade deficit of $1.4 billion, compared to a surplus of $154 million in the same period last year, since its exports and imports rose by 16.1% and 17.4% on-year to $62.05 billion and $63.45 billion, respectively.
Last year, Vietnam recorded a trade surplus of $781 million, the first on-year trade surplus since 2001. In 2013, the government aims to curb the trade deficit at below 8% of the country’s total export revenue.
Đăng ký: VietNam News
