Hanoi’s export value up 29.2% in seven months

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Illustrative photo (Photo: kinhtedothi.vn)

In the month, export revenue of farm produce increased 108.6% year-on-year; oil and gas 94.9%; and machines and equipment 14.6%. 

Meanwhile, footwear and leather product saw their export value decrease 10.8 percent; and vehicles and spare parts, down 22.1%. 

During the first seven months of this year, the capital city’s total export turnover reached more than US$7.74 billion, a year-on-year rise of 17.3%. 

This was mainly contributed by agricultural products, up 45.6%; electronic products, 17.8%; computer components and peripheral devices, 13.7%; oil and gas, 28.8%; and vehicles and spare parts, 13.1%. Only export value of footwear and leather products contracted by 2.4%. 

In July, Hanoi’s import turnover was over US$2.66 billion, down 2.1% from the previous month but up 6.8% year-on-year. 

Import revenue of iron and steel rose 21.3% over the corresponding time last year; chemicals 46.2%; plastics 25.5%; and oil and gas 29.5%. 

During the January-July period, the city imported about US$17.73 million worth of goods, a year-on-year rise of 7.3%, mainly chemicals, up 25.8%; plastics 24.1%; and oil and gas 33.1%.