Despite the pandemic, import and export hit nearly US$55 billion in June
Chart: T.Binh |
Exports reached US$27.2 billion, up 3.9% compared to May.
Despite the pandemic, textile and garment exports reached more than US$3 billion, up 19.1% compared to May.
Meanwhile, computers, electronic products and components surpassed phones to become the largest export group in the month with a turnover of US$4.14 billion, up 6.8% from the prior month.
Among main commodity groups, footwear and wood products also experienced good growth in June (compared to May 2021) with the following results: $1.984 billion, up 5.2% and $1.56 billion, up 10.2%.
In the month, the two major export groups that experienced a decline were phones and components with a turnover of $3.29, down 8.1%; machinery and equipment reached $2.37 billion, down 7.1%.
Accumulated in the first six months, the total export turnover reached $158.335 billion, a high growth of 29% from the same period last year.
On the import side, turnover in June reached $27.66 billion, down 2.1% compared to May.
The largest group of goods is computers, electronic products and components, reaching $5.74 billion, up 2.1% compared to May.
In addition, iron and steel, phones are also two large commodity groups with an increase in turnover compared to the previous month.
Specifically, iron and steel reached 1,124,185 tonnes, with turnover of more than US$1.14 billion, up 18.1% in volume and 25.7% in turnover.
Phones reached $1.45 billion, up 2.2%.
While machinery and equipment reached more than $4 billion, down 2.8%. Similar to the downward trend is fabric and plastic materials, although these two commodity groups still maintained a turnover of more than $1 billion in May.
By the end of June, the total import turnover reached $159.33 billion, up 36.3% over the same period last year.
In June, our country had a trade deficit of nearly $500 million and brought the deficit in the first six months to about $1 billion.
Thus, by the end of June, the scale of Vietnam's import and export turnover reached nearly $318 billion, equivalent to about $53 billion per month on average. With this result and the recent growth rate, it is possible to reach the milestone of $600 billion in 2021.
Related News
Latest News
VN's food processing industry struggles to improve quality and value chain integration
15:53 | 22/11/2024 Import-Export
Approach strategy of the seafood industry when implementing UKVFTA
09:26 | 22/11/2024 Import-Export
Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth
09:25 | 22/11/2024 Import-Export
Vietnamese enterprises facing challenges from cross-border e-commerce platforms
14:32 | 21/11/2024 Import-Export
More News
Vietnam, Malaysia eye new milestone in trade ties
14:29 | 21/11/2024 Import-Export
Shrimp exports surge in 10 months, generating 3.2 billion USD
14:27 | 21/11/2024 Import-Export
Vietnam’s exports to the U.S. near US$100 billion milestone
09:46 | 21/11/2024 Import-Export
From the “abnormal” coffee price, worries about the new crop
09:46 | 21/11/2024 Import-Export
What obstacles limit the market share of Vietnamese goods in the UK?
14:49 | 20/11/2024 Import-Export
Why seafood exports to some Middle Eastern Countries are stalled
14:47 | 20/11/2024 Import-Export
Storm No. 3 destroys profits of many insurance companies
14:45 | 20/11/2024 Import-Export
Vietnam, Malaysia eye golden partnership opportunities in Halal industry
14:44 | 20/11/2024 Import-Export
Tra fish sector aiming for production, processing greening for sustainable development
14:41 | 20/11/2024 Import-Export
Your care
VN's food processing industry struggles to improve quality and value chain integration
15:53 | 22/11/2024 Import-Export
Approach strategy of the seafood industry when implementing UKVFTA
09:26 | 22/11/2024 Import-Export
Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth
09:25 | 22/11/2024 Import-Export
Vietnamese enterprises facing challenges from cross-border e-commerce platforms
14:32 | 21/11/2024 Import-Export
Vietnam, Malaysia eye new milestone in trade ties
14:29 | 21/11/2024 Import-Export