Trade deficit to shrink

February 2005
Asia Monitor: South East Asia Monitor Volume 1;Feb2005, Vol. 16 Issue 2, p5
Country Report
Country Report
This article informs that Vietnam's exports have been growing faster than imports in 2004 and as a result the full-year trade deficit will narrow. Faster-than-expected growth in exports is mostly due to the higher price of oil, of which Vietnam is a net exporter. Vietnam's exports during the first 10 months of 2004 reached $20.3bn, representing average growth in the year to October of 24.2% y-o-y. Imports during the same period reached $23.2bn, representing growth of 17.8%, while the trade deficit for the period was $2.9bn.


Related Articles

  • China Trade. Lubman, Stanley // New Republic;4/6/74, Vol. 170 Issue 14, p10 

    Focuses on increase in international trade activities of China. Claim that China's trade contributed more than one-third of the total favorable U.S. trade balance last year; Increase in the number of U.S. representatives of corporations visiting Beijing between trade fairs; Interests of the...

  • Oil Prices and the U.S. Trade Deficit. Cavallo, Michele // FRBSF Economic Letter;9/22/2006, Vol. 2006 Issue 24, p1 

    The article examines the relationship between the sudden increase in oil prices and the trade deficit in the U.S. From January 2002 to July 2006, the overall monthly trade deficit went from $30 billion to $68 billion. In addition, the petroleum-related trade deficit went from $6 billion to $26...

  • International Briefs.  // Marketing News;12/1/1978, Vol. 12 Issue 11, p2 

    Reports on the merchandise trade deficit in the U.S. in the third quarter of 1978. Comparison of the trade deficit with the financial results in the second quarter; Increase in the export and import levels in the country; Factors contributing to the improved export levels in the nation.

  • External Sector.  // Montenegro Economic Trends;Dec2005, Vol. 21, p76 

    Explores data on the foreign trade sector of Montenegro for the first three quarters of 2005. Amount of total goods exports; Level of machine and transport equipment imports; Trade deficit and current account deficit.

  • The Great Banana War. Zagorin, Adam // Time International (South Pacific Edition);2/8/1999, Issue 6, p36 

    Examines how trade disputes and a growing deficit are prompting United States threats to impose sanctions against foreign countries. Surge in Japanese steel imports; Threats to impose sanctions on European imports; Anxiety in Washington, D.C. over a rising trade deficit; Details on a banana...

  • Czech Trade Be Balanced in 2005? Hanzlínč/licková, Jitka // Czech Business & Trade;2005, Issue 3/4, p10 

    The article focuses on issues related to the trade deficit of the Czech Republic. The December 2004 deficit of a mere €0.25 billion contributed to a trade deficit for the whole of 2004 of just over €0.69 billion. In comparison to the previous year, the difference between import and...

  • China Currency Critics: Be Careful What You Wish For. Plate, Tom // San Diego Business Journal;2/20/2006, Vol. 27 Issue 8, p43 

    The article focuses on China's Currency deficit and the U.S. Trade Deficit. To prevent China's voluminous exports to become more costly abroad, China does not want to increase its currency relative to others. For the U.S., they want China to adjust the value of its currency because artificial...

  • A Crackup for World Trade? Samuelson, Robert J. // Newsweek;8/25/2003, Vol. 142 Issue 8, p55 

    Reports on the probability that United States trade deficits will decrease. Importance of a healthy balance of import and export in order to be considered a viable trade partner; Increase in the foreign exchange reserves of Asian nations; Benefits of this circular system of trade, including...

  • Capacity-Creation for Larger Value-Added Exports. Ahmed, Sultan // Economic Review (05318955);Jan2006, Vol. 37 Issue 1, p29 

    The article focuses on the development of the export industry in Pakistan. According to reports, the $5.581 billion trade deficit is a staggering figure for the country. The six-monthly relief is far in excess of the $4 billion deficit budgeted for the entire 2006. Furthermore, the government it...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics