Chủ đề: trade deficit

According to the General Department of Vietnam Customs, total import and export value stood at more than $21 billion in the first half of February, of which more than $8.7 billion was from exports and $12.6 billion was from imports. Vietnam therefore posted a trade deficit of $3.9 billion. As of February 15, trade for the year was in deficit to the tune of $2.53 billion.

Vietnam’s livestock industry exported animal feed and raw materials worth $1.5 billion in 2021. Imports of raw materials for animal feed production, meanwhile, totaled $4.9 billion, up 29 per cent against 2020. The feed industry therefore posted a trade deficit some $3.4 billion.

Cambodian exports to Vietnam reached $3.5 billion in the first eight months of 2021, up 423 per cent over the same period of 2020 and resulting in Vietnam posting a trade deficit with its neighbor of $355 million.

Vietnam has posted a trade deficit of $2.7 billion for the first seven months of 2021.

Total export and import turnover reached $373.36 billion in the first seven months of 2021, up 30.2 per cent against the same period last year.