Revenue in September raised the budget revenue from the beginning of the year to the end of September to VND227,933 billion, equivalent to 67.4% of the estimate, reaching 64.2% of the target, down 13.15% over the same period in 2019.
In terms of import and export turnover, revenue in September was estimated at US$51.5 billion, up 2.1% over the previous month. In which, total export value was US$27.5 billion, down 0.7% and total import value was US$24 billion, up 5.6%.
Motivated by the above developments, Vietnam’s merchandise trade balance in September was estimated at a surplus of US$3.5 billion.
Thus, by the end of September, the total value of import and export was estimated at US$388.73 billion, up 1.8% over the same period in 2019; of which total export value was US$202.86 billion, up 4.2% and total import value was US$185.87 billion, down by 0.8%.
Vietnam’s merchandise trade balance in the first nine months of the year was estimated at a surplus of US$16.99 billion.
Two export commodity groups saw a remarkable decline in September,namely crude oil and ores.
Specifically, the export of crude oil in September was estimated at 610,000 tons, down 16.2% and valued at US$210 million, down 12.9% compared to August 2020.
In the first nine months of the year, the export volume of crude oil was estimated at 4,089 million tons and valued at US$1,363 billion; up 40.9% in volume and down by 8.6% in value over the same period in 2019.
Export of ores of all kinds were estimated at 250,000 tons, down 24.3% and valued at US$14 million, down 45.7% compared to August 2020.
In the first nine months of the year, the export volume of ores was estimated at 2,399 million tons, worth about US$181 million; estimated to a year-on-year increase of 3.6% in volume and 4.6% in value.
Meanwhile, on the import side, computers, electronic products and components remain items with the largest turnover.
VCN- The impact of Covid-19 has led to the restriction in trade and decrease in goods consumption, …
Imports of this commodity group in September were estimated at US$6.3 billion, up 4.5% from the previous month; raising import value in the first nine months of the year to US$ 45.05 billionor 17.8% over the same period in 2019.
By Thai Binh/ Huyen Trang
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