Trade deficit at a record low

The country’s total import-export turnover was estimated at US$13.38 billion (exports worth US$6.32 billion and imports US$7.06 billion). In comparison to May, export earnings increased slightly but imports decreased by 1.7 percent.

In the first six months of this year, the export turnover hit US$32.47 billion, up 17 percent compared to the same period last year, and accounting for 53.2 percent of the yearly plan. In the same period, the import turnover reached US$38.76 billion, up 29.1 percent against last year and making up 52.4 percent of the yearly plan.

As a result, the trade deficit in the first half of 2010 stayed at US$6.29 billion, equal to 19.4 percent of the total export turnover and even lower than the target set by the National Assembly.