Export of machinery and equipment increases by more than US$8 billion
Ambassadors, businesses advise on export of vegetables and fruits to the EU | |
Huu Nghi Customs supports vehicles carrying export goods |
The increase in export turnover until the end of October 15. Chart: T.Binh |
According to the General Department of Vietnam Customs, by the end of October 15, Vietnam's total export turnover reached more than US$254 billion, an increase of 18%, equivalent to an increase of US$38.74 billion over the same period in 2020.
In which, a number of commodity groups increased sharply, such as machinery, equipment, tools and spare parts increased by US$8.42 billion, equivalent to 43%; iron and steel of all kinds increased by US$5.12 billion, corresponding to an increase of 135.3%; computers, electronic products, and components increased by US$4.25 billion, equivalent to 12.5%; phones and components increased by US$4.07 billion, equivalent to an increase of 10.3%.
However, in terms of turnover, phones and components are still the largest export group of the country with US$43.48 billion.
In second place are computers, electronic products, and components with US$38.39 billion; while machinery, equipment, tools, and spare parts ranked third with US$27.97 billion.
Regarding the export market, the US is the largest consumer of Vietnamese goods with a turnover of US$68.87 billion (updated by the General Department of Vietnam Customs at the end of September), up 25.9% over the same period last year and accounting for 28.6% of the total export turnover of the country.
By the end of October 15, the total export turnover of goods of the group of enterprises with foreign direct investment (FDI) reached nearly US$186 billion, up 21.7%, equivalent to a US$33.1 billion increase over the same period last year, accounting for 73.2% of the country's total export turnover.
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