3 imported groups see a rise of US$16 billion in trade turnover

VCN - Computers, electronic products and components; machinery, equipment, tools and spare parts; Iron and steel of all kinds are the 3 product groups recording the highest rise in import turnover.
Leverage to increase the scale of Vietnam - Laos trade turnover Leverage to increase the scale of Vietnam - Laos trade turnover
Four export groups rise by more than US$17 billion in trade turnover Four export groups rise by more than US$17 billion in trade turnover
FDI sector accounts for nearly 68% of country's trade turnover FDI sector accounts for nearly 68% of country's trade turnover
Chart: T. Binh
Chart: T. Binh

According to the latest preliminary statistics of the General Department of Customs, Vietnam's total import turnover in the first period of July (July 1-15) reached US$16.43 billion, an increase of 10.6% or US$1.57 billion compared to the results in the second half of June 2024.

Imports in the first period of July increased compared to the second period of June 2024, mainly in some groups such as: computers, electronic products and components rose by 16.1%; crude oil rose 98.9%.

Thus, from the beginning of the year to the end of July 15, the country's total import turnover grew 17.6% or US$29.31 billion year-on-year to US$195.37 billion. Among them, the three groups have the highest increase in turnover including: computers, electronic products and components; machinery, equipment, tools and spare parts; steels.

Specifically, computers, electronic products and components increased US$12.01 billion to reached US$54.3 billion. The main import markets are China, South Korea, Taiwan (China), Japan...

Machinery, equipment, tools and spare parts increased US$3.27 billion to US$24.46 billion. China, South Korea, Japan... are also the main import markets of this group.

Iron and steel of all kinds reached increased US$1.27 billion to US$6.42 billion. China is the largest market, accounting for over 61% of our country's iron and steel import turnover.

Thus, the three product groups mentioned above alone have an increased turnover of US$16.55 billion, accounting for 56.46% of the country's increased import turnover.

By Thai Binh/ Huyen Trang

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