Import-Export reached US$ 1.5 billion each day in the second half of June

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Import and export activities in the second half of June have prospered. Photo: T. Binh.

According to the latest preliminary statistics of the General Department of Customs, from 16 June to 30 June, the total import-export turnover reached US$ 22.61 billion, up 9.9% (equivalent to anincrease of US$ 2.05 billion) compared to the first half of June 2020.

The results achieved in the second half of June bring the total import-export in the first six months of 2020 to US$ 240.12 billion, down 1.4%, equivalent to a decrease of US$ 3.29 billion in absolute terms compared to the same period in 2019.

In the second half of June, Vietnam's import-export turnover reached US$ 1.5 billion, higher than the average of US$ 1.33 billion in the first six months.

In the second half of June, the trade balance of goods surplus was US$ 1.73 billion, bringing the surplus in the first two quarters of 2020 to US$ 5.46 billion.

Total export turnover reached US$ 12.17 billion, up 17.4% (equivalent to US$ 1.8 billion) compared to the first 15 days of the month.

Groups with high growth rates such as phones and accessories increased by US$ 432 million, corresponding to an increase of 26.9%; textiles and garments increased by US$ 287 million, equivalent to an increase of 24.8%; computers, electronic products and components increased by US$ 241 million, equivalent to an increase of 13%; machinery, equipment, tools and spare parts increased by US$ 141 million, equivalent to an increase of 16%; precious stones, precious metals and products increased by US$ 120 million, equivalent to an increase of 109.6%; iron and steel of all kinds increased by US$ 119 million, equivalent to an increase of 79.1%.

According to the General Department of Customs, the export value of goods of foreign direct investment (FDI) enterprises by June 2 reached US$ 7.61 billion, up 16.2%, equivalent to an increase of US$ 1.06 billion compared to the first period of June.

Accumulated in the first 6 months, FDI enterprises saw a total export turnover of US$ 79.72 billion, down 5.6% (equivalent to US$ 4.75 billion) against the same period last year, accounting for 64.9% of total export value of the country.

For imports, the total value in the second half of June reached US$10.44 billion, up 2.4% (equivalent to an increase of US$ 240 million) compared to the results made in the first half of June 2020.

The import value of goods in the second period increased compared to the first period, mainly commodity groups as: computers, electronic products and components increased by US$ 143 million, equivalent to an increase of 5.7%; cattle food and raw materials increased by US$ 141 million, equivalent to 102.8%; coal of all kinds increased by US$ 69.5 million, equivalent to an increase of 40.1%.

Besides, key import commodities have decreased, including: phones and accessories decreased US$ 46.6 million, corresponding to 8.5%; maize decreased by US$ 46 million, equivalent to 31.6%.

The import value of FDI enterprises in the second half of June reached US$ 5.61 billion, up 3% (equivalent to an increase of US$165 million) compared to the first half of June 2020.

In the first six months, the total import value of FDI enterprises reached US$ 65.66 billion, down 5.3% (equivalent to US$ 3.68 billion) over the same period in 2019, accounting for 56% of total import value.

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So, FDI enterprises saw a trade surplus of over US$ 14 billion in the first six months.