The country’s total export-import value in January and February was estimated at USD 96.06 billion, 13% lower than that of the same period last year.

State budget collection from export-import activities in the first two months stood at VND 56.33 trillion (USD 2.37 billion),down 19.4% year-on-year.

Of the figure, export and import revenue contributed USD 49.44 billion and USD 46.62 billion, marking respective decreases of 10% and 16% and a trade surplus of USD 2.82 billion.

This year, the National Assembly assigned the Vietnam Customs to collect VND 425 trillion in revenue to the State budget, based on the estimate that the gross domestic product grows 6-6.5%, the price of crude oil stands at USD 70 per barrel, export turnover increases by 8-9% while imports rises by 7-8%.

Source: VNA