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Export turn over in H1 depicts a strong growth
30 Jun '08
1 min read
Vietnam, General Department of Statistics recently reported that the export turnover of the country reached US $29.6 billion in the first half of this year representing a year on year rise of 31.8 percent.
However, trade deficit during the period also widened to a record $14.8 billion mainly because of strong surge in the imports of materials and equipments for local production.
Nonetheless, most of the key products witnessed a steady growth in the first half of this year when compared to the corresponding period last year including crude oil which experienced a 49 percent growth.
In the month of June alone, six major products including textile & garments, footwear and crude oil recorded an export turn over of over $1 billion.
However, trade deficit during the period also widened to a record $14.8 billion mainly because of strong surge in the imports of materials and equipments for local production.
Nonetheless, most of the key products witnessed a steady growth in the first half of this year when compared to the corresponding period last year including crude oil which experienced a 49 percent growth.
In the month of June alone, six major products including textile & garments, footwear and crude oil recorded an export turn over of over $1 billion.
Fibre2fashion News Desk - Vietnam
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