Computers are one of the commodity groups that have seen highest export earnings by mid-September

The first half of September saw the country gross 12.6 billion USD from exports, representing a decrease of 15.8% in comparison to the previous 15 days, while also spending over 11.6 billion USD on imports, representing an increase of 0.1 % compared to the second half of August.

Overall, Vietnam raked in 187.9 billion USD from exports between the beginning of the year to September 15, while imports reached 173.5 billion USD.

Most notably, August witnessed strong export growth in a number of commodity categories such as computers, electronic products and accessories, machinery, equipment, tools and spare part, timber and wood products, phones and components.

The Ministry of Industry and Trade (MoIT) has stated that the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) has presented a wealth of opportunities for Vietnamese exports. In addition, the EVFTA has helped diversify export markets, as such a number of key export items are able to enjoy a substantial tax reduction, including farm produce, seafood, wood products, garments and textiles, footwear, and electronics.