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Three more exports join 1 billion USD club
Coal, rubber and steel had all recorded an export turnover of over 1 billion USD by September this year, raising the number of members of the 1 billion USD club to 13, according to the Ministry of Planning and Investment.
The others include garments, footwear, crude oil, seafood, gemstones, wooden products, electrical goods, computers, machinery and vehicles.
Over the past nine months, the increasing prices of many commodities have helped to raise the country’s total export turnover to 51.5 billion USD, up 23.2 percent year-on-year and four times the amount set out in the NA’s plan.
Around 48 percent of Vietnam’s exports went to the Asian market, followed by America with 23 percent and Europe on 22 percent.
The country saw its lowest trade deficit in recent years, around 8.85 billion USD in the first nine months, equivalent to 16.7 percent of total export turnover.
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