Hanoi’s export turnover hits US$8.599 trillion in seven months (09:49 06/08/2019)


HNP - Export turnover of Hanoi hit US$8.599 trillion in seven months, a rise of 7.9% year on year, the Department of Industry and Trade reported.   


Accordingly, the city’s export value in July reached nearly US$1,398 million, jumping 3.6%  against the previous month and up 22.7% compared to the same period last year.
 
Several export commodity groups witnessed year-on-year growth, namely, farm produce (+25%), computers, electronics and components (+11.6%), ceramics (+17.8%), petroleum (+1631%), means of transport and spare parts (+40.3%), phones and components (+53.3%). 
 
However, footwear and leather products and machinery, equipment and spare parts declined 46% and 4.7% respectively. 
 
Concerning the January-July period, Ha Noi exported roughly US$8.599 billion worth of commodities, up 7.9% year on year. In which, computer components and peripheral devices is the largest share with US$1.457 billion, up 6.8% year on year; followed by garment and textile with US$1.137 billion (+14.3%); machinery, equipment and spare parts with US$1.01 billion (+2.9%); petroleum with US$913 million (+12.8%); and means of transport and spare parts with US$791 million (+26.9%).
 
Meanwhile, the city’s import value in July fetched US$2.872 trillion, up 3% month on month and 17.2% year on year. Of the figure, the domestic economic sector imported US$2.353 billion worth of goofs, representing a month on month rise of 3.1% and up 22.8% year on year. The foreign-invested sector posted an import value of US$519 million, up 2.4% month on month and down 3.1% annually.
 
Some groups saw annual increase in import value, such as computers, electronics and components (up 61.3%); means of transport and spare parts (up 35.5%); and household electrical appliances and components (up 134.7%).
 
In the first seven months of the year, Ha Noi’s import value reached US$18.629 billion, up 6.3% compared to the same period last year. 9 out of 14 groups witnessed annual rises in import value, including computers, electronics and components (+44.9%); means of transport and spare parts (+60.7%); and household electrical appliances and components (+ 21.4%).
 
The rest have reported declined import value, namely, petroleum (-25.4%), iron and steel (- 5%), plastics (-6%), plastic products (-.5%), chemical products (-3.1%).

By Tran Huong


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