Figures from the General Department of Customs show that exports reached $14.29 billion in the first half of July, down 19.5 per cent compared to the first half of June, while imports were $16.3 billion, up 4.5 per cent. Vietnam therefore posted a trade deficit of more than $2 billion in the period and $1 billion since the beginning of the year.
According to the General Department of Vietnam Customs, of the more than $371 billion in import and export turnover in the first half of 2022, turnover with Asia was nearly $240 billion, or 64.5 per cent. Trade turnover with Africa fell just 0.3 per cent, to more than $4 billion. Trade was in surplus by $743 million in the first half.
Data from the General Department of Customs shows that, in the first half of June, 2022, trade turnover reached $31.64 billion, down 10 per cent compared to the second half of May but up 16.7 per cent year-on-year. Total trade turnover of FDI enterprises rose 16 per cent and the domestic sector 18.5 per cent. Trade was in deficit to the tune of $1.42 billion.
Vietnam has posted a trade deficit of $2.63 billion in the first eight months of 2021, in contrast to a surplus of $13.69 billion in the same period last year.
