HANOI, Sept. 29 (Xinhua) -- Vietnam is estimated to post a trade revenue of 253.6 billion U.S. dollars in the first nine months of 2016, said a report by the General Statistics Office (GSO) on Thursday.
According to the report on monthly socio-economic situation in Vietnam, the country is likely to earn 128.2 billion U.S. dollars from exports in nine-month period, up 6.7 percent year-on-year.
Among which, domestic sector's export revenue hits 37 billion U.S. dollars, up 5 percent while that of foreign-invested sector stands at 91.2 billion U.S. dollars, up 7.4 percent year-on-year.
Vietnam experiences growth in export revenues of some items including cellphones and accessories (25 billion U.S. dollars, up 8.6 percent year-on-year), garment and textile (17.9 billion U.S. dollars, up 5.9 percent), computers, electronic products (12.9 billion U.S. dollars, up 13.7 percent), footwear (9.4 billion U.S. dollars, up 7.9 percent).
Meanwhile, some farm items see dropping export values, including rice (1.7 billion U.S. dollars, down 12.4 percent year-on-year), crude oil (1.7 billion U.S. dollars, down 43.3 percent), cassava and products (762 million U.S. dollars, down 24.8 percent) among others.
The United States continues to be the largest market for Vietnamese exports, with revenue of 28.3 billion U.S. dollars, up 14.5 percent year-on-year, followed by the European Union and China with 24.6 billion U.S. dollars and 14.8 billion U.S. dollars, respectively.
At the same time, from January to September, Vietnam is forecast to spend 125.4 billion U.S. dollars on imports, up 1.3 percent year-on-year.
Among the figure, the domestic sector imports goods worth 51.4 billion U.S. dollars while foreign-invested sector's import revenue hits 74 billion U.S. dollars.
During nine-month period, import revenue of some items decreases including machines, tools, spare parts (20.2 billion U.S. dollars, down 2.7 percent year-on-year), petroleum (3.4 billion U.S. dollars, down 14.1 percent), animal feed and materials (2.5 billion U.S. dollars, down 2.1 percent) among others.
China remains the largest supplier for Vietnamese imports, with revenue of 36 billion U.S. dollars, down 1.8 percent year-on-year.
South Korea ranks second in the list with 23 billion U.S. dollars, up 9.4 percent year-on-year.
All in all, in the first nine months, Vietnam plans to enjoy a trade surplus of 2.8 billion U.S. dollars, said GSO.
