Import-export value hits US$74.17 billion in six months

Vietnam’s import-export value hit US$74.17 billion in the past six months, a year-on-year increase of 47.5%. Of them, exports contributed US$29.7 billion, a rise of 31.8%, while imports made up US$44.47 billion, an increase of 60.3%.

As a result, the trade deficit in the review period reached US$14.78 billion, 2.8 times higher than the same period last year and making up 49.8% of national exports turnover.

According to experts, although the country’s main exports such as crude oil, coal, coffee and rubber decreased in quantity in the past six months, they generated high value thanks to price rises in the world market. Compared to the same period last year, crude oil prices have risen by 70%, rice by 88%, coal by 68%, coffee by 40% and rubber by 26%.