Trade in goods of FDI enterprises hits US$440 billion

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Chart by Thai Binh.

According to the General Department of Customs Department, from January to December 15, the total import and export turnover of FDI enterprises increased 25.4% to US$440.15 billion.

The turnover of domestic enterprises rose 17.4% to US$193.07 billion compared with the previous year, accounting for 30.5% of the country’s turnover.

In the first half of December, the export turnover of FDI enterprises saw a year-on-year decrease of 8.5% to US$11.6 billion.

From January to December 15, the total export turnover of FDI enterprises grew 21.2% or US$40.68 billion to US$232.2 billion compared with the previous year, making up 73.1% of the total export turnover of the country.

The import turnover of these enterprises soared 5.6% to US$10.86 billion compared with the second half of November.

End-December 15, the total import of FDI increased 30.5% to US$207.95 billion year-on-year, accounting for 65.9% of the total import value.

The FDI enterprises had a trade surplus of US$24 billion.

Currently, Vietnam’s major items such as mobile phones, computers, machinery, even commodities that were previously imported and exported by domestic enterprises as textiles, footwear, have been imported and exported by FDI enterprises.