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 27 Apr 2009

Vietnam earns $18.63 billion from exports in Jan-April 2009

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Vietnam has earned US$18.63 billion from exports in the first four months of the year, down 0.1% against the same period last year, local news website Vietnam Netbridge reported, quoting figures from the General Statistics Office.

In April alone, the country’s export turnover has been reported at $4.5 billion, down 15.28 percent compared to the previous month.

Those goods that have enjoyed export growth include cassava and cassava products, up 155.8 percent; rice, up 43.9 percent; tea, up 14.8 percent; pepper, up 1.9 percent; garments and textiles, up 1.8 percent.

Particularly, exports of precious metals and gemstones saw sudden high increase, up 40 times compared to the same period last year, earning $2.54 billion.

Exports of other goods all declined, most notably rubber (down 45.5 percent), crude oil (down 44.7 percent) and electric wires and cable (down 43.3 percent).

In April, Vietnam’s import turnover was reported at $5.2 billion, up 3 percent against the previous month. In January-April period, the country imported US$17.83 billion worth of goods, down 41 percent against the same period last year.

In the first four months of this year, Vietnam saw a trade surplus of $800 million. However, export turnover (excluding precious metals and gemstones) is tending to decrease.









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