[Chart] Vietnam’s Posts $2.04 Billion Trade Deficit in February

Tuan Minh

14:19 16/03/2017

BizLIVE - Vietnam posted a trade deficit of $2.04 billion in February, resulting in a gap of $803 million in the first two months of this year, customs data showed.

[Chart] Vietnam’s Posts $2.04 Billion Trade Deficit in February

Vietnam had a trade deficit of $2.04 billion in February. Photo: Internet

Vietnam raked in $13.11 billion from shipping goods overseas in February, down 8.6% from a month earlier, bringing the country’s exports to $27.43 billion in the first two months of this year, up 15.8% year-on-year.
The Southeast Asian country spent $13.11 billion on importing goods in February, down 8.6% month-on-month. Its import turnover increased 23.3% year-on-year to $28.23 billion in the January-February period.
Foreign-invested enterprises reported a trade surplus of $178 million last month, leading to a surplus of $2.51 billion in the two-month period.
Their export turnover accounted for 70.2% of Vietnam’s total and their import value accounted for 59.3% of the country’s total imports.

 

TUAN MINH

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