Import-export revenue hit nearly US$38 billion in October

Vietnam’s total import-export revenue is expected to reach US$37.9 billion in October, a rise of 0.8% from the previous month, reported the General Department of Vietnam Customs.

Of the total, Vietnam’s exports hit US$19.4 billion, up 0.3%, while imports were US$rice_export_QBRN18.5 billion, an increase of 1.4%.

The results raised the country’s total trade so far this year to US$346.22 billion, a surge of 21.3% over the same period in 2016, with exports reaching US$173.72 billion and imports of US$172.49 billion, up 20.7% and 22% respectively.

In October, Vietnam enjoyed a trade surplus of US$900 million, pushing the total surplus in the first 10 months to US$1.23 billion.

At the same time, State budget collection as of October 25 was VND232.785 trillion (US$1.02 billion), 81.7% of total estimate and a 10.36% rise over 2016.

Based on the results, total income of the country in hit VND23 trillion (US$100 million) in October and VND237 trillion (US$1.04 billion) in the January-October period.