Five commodities see exports over US$1 billion

14:30 | 16/09/2018 Trade

Five commodities had export values exceeded US$1 billion in August, according to the Ministry of Industry and Trade.

Computers and electronic products are among five commodities with export values exceeding US$1 billion in August - Photo: VNA

The five commodities included phones and components, garment and textile and computers and electronic products.

Their corresponding export values in August were US$4.4 billion, US$2.9 billion and US$2.5 billion, respectively. The figures were up 13.9 percent, 1 percent and 0.2 percent month-on-month.

The two other commodities were named as machinery, equipment and spare parts and footwear, with export values of US$1.35 billion and US$1.4 billion, up 3.6 percent and down 2.5 percent against last month, respectively.

Export values of the above five commodities totalled US$12.55 billion, contributing up to 60 percent of the country’s total export value in August.

Over the month, Vietnam’s total export and import turnover was estimated at US$41.9 billion, up 1.5 percent over the previous month.

In particular, exports were estimated at US$20.9 billion, up 2.9 percent over the previous month, while imports were estimated at US$21 billion, up 0.2 percent from the previous month.

The total import and export turnover of the country in the first eight months was estimated at US$308.07 billion, up 13 percent over the same period of 2017. Of which export turnover was US$155.4 billion, up 14.5 percent and import turnover was US$152.7 billion, up 11.6 percent.