February import surplus hits US$1.83 billion

Vietnam’s export turnover in February was estimated at US$5.25 billion, 26 percent less than the previous month, reported the Ministry of Planning and Investment’s.

In the first two months of 2011, total export turnover was estimated at US$12.34 billion, up 40.3 percent over the same period last year. Key export items included garment and textile products, crude oil, footwear, seafood, rice, wooden products, computers and accessories. Major export markets in the reviewed period included the US, Southeast Asia, the European Union, Japan and China.

The country’s import turnover in February hit US$6.2 billion, a reduction of 22.2 percent compared to January, bringing a total import turnover of US$14.17 billion in two months, or a year-on-year increase of 28.6 percent. As a result, Vietnam’s import surplus reached US$1.83 billion in the first two months of 2011. – VOV

Tags: Vietnam imports

Posted by VBN on Feb 28 2011. Filed under Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry