Many factors affecting tuna exports in the last months of the year 3 items have a big impact on the budget revenue of Ho Chi Minh City Customs Quang Ninh Customs collects 85.75% of the budget revenue through the seaport area

Export and import reduced by over 62 billion USD

By Thai Binh / Phuong Thao

By Thai Binh / Phuong Thao

See the author's posts
14:50 | 31/08/2023 Import-Export Follow english.haiquanonline.com.vn on
VCN- From the beginning of the year until August 15, 2023, the total export and import turnover decreased by $62.22 billion compared to the same period last year.
Vietnam-China trade reaches about US$ 90 billion Vietnam-China trade reaches about US$ 90 billion
Export of agro-forestry-aquatic products down 9.5% in eight months Export of agro-forestry-aquatic products down 9.5% in eight months
Vietnam’s coconut export to reach 1 billion USD in 2025: insider Vietnam’s coconut export to reach 1 billion USD in 2025: insider
Chart: T.Bình.
Chart: T.Binh.

According to the General Department of Customs, from the beginning of the year until August 15, 2023, the total export and import turnover of the entire country reached 402.61 billion USD, a decrease of 16.2%, corresponding to a decrease of 62.22 billion USD compared to the same period in 2022.

In which, exports reached 209.43 billion USD, a decrease of 10.1%, corresponding to a decrease of 23.5 billion USD compared to the same period in 2022.

Several categories experienced significant declines, such as: various types of phones and components decreased by 5.62 billion USD, corresponding to a decrease of 15.1%; textiles and garments decreased by 3.5 billion USD, corresponding to a decrease of 14.5%; machinery, equipment, tools, and spare parts decreased by 2.74 billion USD, corresponding to a decrease of 10%; wood and wood products decreased by 2.67 billion USD, corresponding to a decrease of 25.7%; various types of footwear decreased by 2.63 billion USD, corresponding to a decrease of 17.4%...

Conversely, the country's imports reached 193.18 billion USD, a decrease of 16.7%, corresponding to a decrease of 38.72 billion USD compared to the same period in 2022.

In which, some categories experienced substantial declines, such as: various types of phones and components decreased by 8.31 billion USD, corresponding to a decrease of 64%; computers, electronic products, and components decreased by 3.68 billion USD, corresponding to a decrease of 7.4%; machinery, equipment, tools, and spare parts decreased by 3.59 billion USD, corresponding to a decrease of 12.6%...

To remove difficulties for businesses, export and preferential import tariffs must be collected To remove difficulties for businesses, export and preferential import tariffs must be collected

VCN - Decree No. 101/2021/ND-CP was issued to remove difficulties for domestic production and business enterprises affected ...

From the beginning of the year until August 15, 2023, the trade balance of goods in our country had a surplus of 16.26 billion USD.

By Thai Binh / Phuong Thao
Tags:
import export decrease revenue trade market

Related News

Regulating goods across Huu Nghi International Border Gate during peak times

Regulating goods across Huu Nghi International Border Gate during peak times

19:37 | 02/11/2024 Customs

VCN – In order to reduce the pressure on customs clearance of import and export goods for the international border gate pair during peak times, the management agency of Lang Son (Vietnam) has just discussed with the management authority of Pingxiang (China) to strengthen coordination in regulating the means of transporting goods of enterprises on both sides.
Coconut is expected to become a billion-dollar export item

Coconut is expected to become a billion-dollar export item

16:40 | 01/11/2024 Import-Export

VCN - Talking to the press at the ceremony to launch the first train carrying fresh coconuts to China, Mr. Luu Van Phi, Director of the Department of Industry and Trade of Tien Giang province, said that Vietnam's agricultural export potential, especially fresh coconuts, is expanding with the appearance of international railway transportation from Song Than station.
Plastic exporters interested in converting to recycling technology

Plastic exporters interested in converting to recycling technology

16:36 | 01/11/2024 Import-Export

VCN - The Vietnamese plastics industry is facing major challenges in terms of plastic waste and recycling needs. Secretary General of the Vietnam Plastics Association Huynh Thi My (pictured) shared important information about the transformation in production of plastics enterprises to meet increasing export demands.

Latest News

Many factors affecting tuna exports in the last months of the year

Many factors affecting tuna exports in the last months of the year

19:38 | 02/11/2024 Import-Export

VCN - Tensions between Israel and Iran escalate, tuna businesses are worried, they may have to stop export orders to the Israeli market in the last months of the year.
Vietnam still dominates Philippine rice import

Vietnam still dominates Philippine rice import

19:36 | 02/11/2024 Import-Export

Vietnam continues to assert its dominance as the top rice exporter to the Philippines, with 2.91 million tonnes shipped as of the late October, or over 79% of the Philippines' total rice imports, according to the Vietnam Trade Office in the Philippines.
Vietnam cements ties with partners to engage in global semiconductor, AI industries

Vietnam cements ties with partners to engage in global semiconductor, AI industries

19:35 | 02/11/2024 Import-Export

By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.
Aquatic exports expected to rise in year-end despite challenges

Aquatic exports expected to rise in year-end despite challenges

19:33 | 02/11/2024 Import-Export

Aquatic exports is expected to surge in the remaining months of this year, as the year-end festive season comes, despite many challenges in the international markets, according to insiders.

More News

Trade Defense: The Key to Success for Vietnamese Businesses

Trade Defense: The Key to Success for Vietnamese Businesses

10:39 | 02/11/2024 Import-Export

VCN - From losses and near bankruptcy, many domestic enterprises have recovered thanks to timely application of trade defense measures. Trade defense is also an effective shield for Vietnamese enterprises against a series of lawsuits from importing countries, thereby maintaining advantages and developing on "away grounds".
Lao Cai Customs sees a triple-digit surge in export-import turnover

Lao Cai Customs sees a triple-digit surge in export-import turnover

10:37 | 02/11/2024 Import-Export

VCN - Updated from the beginning of the year to October 24, total import and export turnover through Lao Cai Customs Department increased by 102%.
Logistics sector must embrace innovative trends to stay competitive

Logistics sector must embrace innovative trends to stay competitive

16:34 | 01/11/2024 Import-Export

The Vietnamese logistics industry must adapt to new trends and enhance infrastructure to remain globally competitive, speakers said at an event in Ho Chi Minh City on October 31.
Vietnam’s agro-forestry-aquatic product exports likely to set new record

Vietnam’s agro-forestry-aquatic product exports likely to set new record

16:32 | 01/11/2024 Import-Export

Vietnam’s agro-forestry-aquatic product exports are likely to achieve a record high of 62 billion USD in 2024, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
UKVFTA greatly benefits Vietnam-UK trade: Experts

UKVFTA greatly benefits Vietnam-UK trade: Experts

14:19 | 31/10/2024 Import-Export

The UK-Vietnam Free Trade Agreement (UKVFTA), signed into law three years ago, has clearly benefited trade cooperation between the two countries, particularly in the context of Vietnam’s exports to most other major markets declining due to geopolitical tensions and headwinds in the global economy, said experts at a conference in Hanoi on October 30.
Agricultural exports likely to exceed 60 billion USD amid challenges

Agricultural exports likely to exceed 60 billion USD amid challenges

14:18 | 31/10/2024 Import-Export

With swift production recovery and continued growth, Vietnam's agricultural sector could potentially surpass the 60 billion USD export target, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam-Philippines trade likely to exceed 8 billion USD for first time

Vietnam-Philippines trade likely to exceed 8 billion USD for first time

14:17 | 31/10/2024 Import-Export

With the current rising trend, trade between Vietnam and the Philippines is likely to exceed 8 billion USD for the first time to hit about 8.5 billion USD in 2024, with Vietnam’s surplus of more than 3 billion USD, according to the Vietnamese Trade Office in the Philippines.
A bitter nut

A bitter nut's surprisingly sweet export success

09:32 | 31/10/2024 Import-Export

VCN - The latest statistics from the General Department of Vietnam Customs show that in the first 15 days of October (October 1-15), Vietnam's coffee exports reached 21,489 tons, with a turnover of US$125.8 million.
Vietnam

Vietnam's daily import expenditure surpasses VND25,000 billion

09:30 | 31/10/2024 Import-Export

VCN - From the beginning of the year to mid-October, on average, Vietnam spent more than USUS$1 billion (equivalent to more than VND25,000 billion) each day importing goods.
Read More

Your care

Latest Most read
Many factors affecting tuna exports in the last months of the year

Many factors affecting tuna exports in the last months of the year

19:38 | 02/11/2024 Import-Export

VCN - In recent years, Israel has always been Vietnam's leading tuna export market after the US and the EU. Therefore, the recent escalation of Israel-Iran tensions is affecting Vietnam's tuna exports to this market.
Vietnam still dominates Philippine rice import

Vietnam still dominates Philippine rice import

19:36 | 02/11/2024 Import-Export

Vietnam continues to assert its dominance as the top rice exporter to the Philippines, with 2.91 million tonnes shipped as of the late October, or over 79% of the Philippines' total rice imports, according to the Vietnam Trade Office in the Philippines.
Vietnam cements ties with partners to engage in global semiconductor, AI industries

Vietnam cements ties with partners to engage in global semiconductor, AI industries

19:35 | 02/11/2024 Import-Export

By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.
Aquatic exports expected to rise in year-end despite challenges

Aquatic exports expected to rise in year-end despite challenges

19:33 | 02/11/2024 Import-Export

Aquatic exports is expected to surge in the remaining months of this year, as the year-end festive season comes, despite many challenges in the international markets, according to insiders.
Trade Defense: The Key to Success for Vietnamese Businesses

Trade Defense: The Key to Success for Vietnamese Businesses

10:39 | 02/11/2024 Import-Export

VCN - From losses and near bankruptcy, many domestic enterprises have recovered thanks to timely application of trade defense measures. Trade defense is also an effective shield for Vietnamese enterprises against a series of lawsuits from importing countr
Mobile Version