The GSO said that Vietnam would export US$4.8 billion worth of products in November, raising total export revenues over the past 11 months to more than US$51.4 billion, a year-on-year decrease of 11.4 percent. Imports would hover somewhere between US$6,55 billion and US$61.603 billion, down by 17.9 percent from the same period last year.
It is expected that the trade deficit would further rise in the last few months of 2009.
25 groups of exports increased in volume but only eight commodities in value. This was attributed to a drop in the price of commodities.
For instance, pepper exports rose by 52.3 percent in volume but increased by only 11.8 percent in value and rice exports went up by 33.5 percent in volume but dropped by 5.8 percent in value.
27 imported goods also rose in volume but only four of these commodities increased in value.