Vietnam's export turnovers surge in 5 months

By：Xinhua Update：2017-06-01

Vietnam made export turnovers of 79.3 billion U.S. dollars in the first five months of this year, gaining a year-on-year rise of 17.4 percent, according to its General Statistics Office on Tuesday.

Vietnamese products with high growth in export value in the five-month period included phones and their components (up 12 percent to 16 billion U.S. dollars), garments and textiles (up 9 percent to 9.4 billion U.S. dollars), electronic goods, including computers and their components (up 46.2 percent to 9.4 billion U.S. dollars), footwear (up 10.5 percent to 5.6 billion U.S. dollars), wood and woodworks (up 13.2 percent to 3 billion U.S. dollars), and seafood (up 11.7 percent to 2.8 billion U.S. dollars).

With turnovers of 16 billion U.S. dollars from January to May, the United States remained Vietnam's biggest export market, followed by the European Union with 14.6 billion U.S. dollars, and China with 10.5 billion U.S. dollars.

Meanwhile, Vietnam spent 82 billion U.S. dollars importing foreign products, up 23.9 percent. China was Vietnam's biggest import market with turnover of 22 billion U.S. dollars, tailed by South Korea with 18.6 billion U.S. dollars, and the ASEAN (Association of Southeast Asian Nations) with 11.1 billion U.S. dollars, said the office.

Vietnam has targeted total export turnovers of 188 billion U.S. dollars this year, up 6.9 percent against last year, according to its Ministry of Industry and Trade.