Trade deficit expected to contract to USD 150mn in March.

By bne IntelliNews March 26, 2012
Vietnam's trade deficit is expected to contract to USD 150mn in March this year as compared to a deficit of USD 1.41bn posted during the same period last year. As reported by Dow Jones International News, exports are expected to increase 10.2% m/m to USD 9.15bn, while imports are likely to register an 8.1% gain to USD 9.30bn during the period. The trade deficit is expected to be at USD 250.9mn during the first quarter of this year, as compared to a deficit of USD 3.4bn posted during the same period last year. The exports gained 23.6% y/y to USD 24.5bn, while the imports increased 6.9% to USD 24.77bn during the first quarter.

Trade deficit expected to contract to USD 150mn in March.

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