Vietnam posted $57.07 billion in total exports and imports in July, a 2.3 per cent increase against June, according to the General Department of Vietnam Customs.
Exports were $30.07 billion and imports $27 billion, up 2.1 per cent and 2.4 per cent, respectively.
Trade activities were positive in the month, which helped stem the decline of export and import value in the first seven months. Total trade is estimated at $374.36 billion in the January-July period, down 13.8 per cent year-on-year, or $60.14 billion.
Exports in the seven-month period stood at $195.42 billion, down 10.3 per cent, or $22.5 billion, while imports were $178.94 billion, down a substantial 17.4 per cent, or $37.64 per cent.
Figures indicate that, as of mid-July, leading import items such as computers and electronic products and components saw a decline of 10.6 per cent, or $4.99 billion, and machinery, equipment, tools, and spare parts 14 per cent, or $3,45 billion. Of particular note, textiles fell nearly 20 per cent, or $1.65 billion.
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