Export turnover of three export groups reaches over US$100 billion

VCN – As of August 15, the top three largest export commodity groups earn export turnover of over US$100 billion.
In June, import-export turnover through Hai Phong Customs reached more than US$11 billion In June, import-export turnover through Hai Phong Customs reached more than US$11 billion
Four tens of billion USD export markets Four tens of billion USD export markets
Export turnover of three export groups reaches over US$100 billion
Import and export activities across Hai Phong Port.

According to the latest statistics of the General Department of Vietnam Customs, from the beginning of the year to August 15, Vietnam's total export turnover increased by 16% or US$33.7 billion to US 244.41 billion year-on-year.

Vietnam's three largest export groups include: computers, electronic products and components; phones and components; machinery, equipment, tools and spare parts.

In which, the export turnover of computers, electronic products and components rose 28.9% or US$9.55 billion, to US$42.59 billion.

Regarding the market (updated by the General Department of Vietnam Customs at the end of July), computers, electronic products and components were mainly exported to the US at US$13.19 billion, 50.8%; to China at US$ 6.85 billion, down 9.2%; to EU at US$ 5.45 billion, up 59.4%; to Hong Kong (China) at US$ 4.51 billion, up 70.8%; to South Korea at US$2.99 billion, up 15.8% year-on-year.

The export turnover of phones of all kinds and components reached US$ 34.8 billion, up 3.48 billion, or an increase of 11.1%.

The main export markets of this item were: China at US$7.4 billion, up 1.1%; the US at US$ 6.49 billion, up 31.9%; EU at US$5.06 billion, up 2.2%; South Korea at US$ 2.18 billion, up 7.2%; United Arab Emirates at US$ 2.01 billion, up 68.7%...

The export turnover of machinery, equipment, tools and spare parts reached US$30.06 billion, up US$5.27 billion, or an increase of 21.3%.

The main export markets of the machinery, equipment, tools and spare parts included the US at US$ 11.15 billion, up 19.9%; EU at US$4.04 billion, up 23.2%; South Korea at US$1.93 billion, up 19.8%; ASEAN at US$1.88 billion, up 6.4%; China at US$ 1.86 billion, up 5.9%...

Thus, the export turnover of the 3 largest commodity groups achieved US$107.45 billion, accounting for about 44% of the country's total export turnover.

By Thai Binh/Ngoc Loan

Related News

CEAP - new challenges for 7 Vietnam’s export sectors

CEAP - new challenges for 7 Vietnam’s export sectors

VCN - With the EU Circular Economy Action Plan (CEAP), the EU aims to soon end the technology and fashion business model with products with “short life cycles” and the “waste-generating” economy in the EU.
Commodity group expects to hit import turnover of US$100 billion

Commodity group expects to hit import turnover of US$100 billion

VCN - With an average turnover of US$8.85 billion/month, it is expected that by mid-December, computers, electronic products and components will be the first imported goods group to reach the import turnover worth US$100 billion.

Latest News

Coffee exports set to hit 5.6 billion USD in 2024

Coffee exports set to hit 5.6 billion USD in 2024

Coffee export revenue is projected to reach a record 5.6 billion USD this year, driven by rising global coffee prices.
Hai Duong exports grapefruit to EU

Hai Duong exports grapefruit to EU

The northern province of Hai Duong on November 28 held a ceremony to announce the first shipment of its Hoa Binh grapefuits to the EU market by sea for the 2024 export season.
US businesses increase shrimp imports ahead of tax hike

US businesses increase shrimp imports ahead of tax hike

VCN - Shrimp exports to many major markets have grown positively, especially the US market has many positive signals as businesses in this country are increasing imports ahead of tax hike information.
Ample room for Vietnam-Bulgaria economic, trade cooperation

Ample room for Vietnam-Bulgaria economic, trade cooperation

Vietnam and Bulgaria have significant potential for multi-sector collaboration, ranging from high-tech industries and automobile manufacturing to agriculture, food processing, healthcare, and education.

More News

Peru’s mega-port to open opportunities for Vietnam's import-export, logistics

Peru’s mega-port to open opportunities for Vietnam's import-export, logistics

Leveraging the mega-port of Chancay in Peru as an optimal logistics solution, Vietnam can boost import-export turnover with Latin American partners, especially in the industrial and energy sectors.
7 key export groups bring in US$234.5 billion

7 key export groups bring in US$234.5 billion

VCN - From the beginning of the year to November 15, the whole country has seven export groups with a turnover of US$10 billion or more.
Import turnover of iron and steel hits billions of dollars

Import turnover of iron and steel hits billions of dollars

VCN – Vietnam mainly imports iron and steel from Asian markets such as China, Japan, and South Korea.
The capital of wooden furniture exports has many opportunities for breakthroughs

The capital of wooden furniture exports has many opportunities for breakthroughs

VCN - More than 1,200 wood processing and exporting enterprises in Binh Duong are enjoying many favorable conditions and active support from management agencies to boost production and product export.
Việt Nam regulates remanufactured imports under EU, UK FTAs

Việt Nam regulates remanufactured imports under EU, UK FTAs

Under Decree 66, remanufactured goods must now meet a number of criteria, including certification of eligibility and compliance with origin rules established under the EVFTA and UKVFTA.
Rice exports top 8 million tonnes

Rice exports top 8 million tonnes

According to the General Department of Customs, Vietnam’s rice exports had reached 8.05 million tonnes as of November 15, bringing home 5.05 billion USD.
Vietnam

Vietnam's pepper exports surpass 1 billion USD in first 10 months

Vietnam exported 18,415 tonnes of pepper in October, valued at 120.6 million USD, the General Department of Customs has reported.
Export moves to Halal markets

Export moves to Halal markets

VCN - The recent implementation of free trade agreements (FTAs) has brought many tax incentives and reduced procedures for exporting Vietnamese goods to Muslim markets. With this advantage, export enterprises are moving their direction and taking advantage of the opportunity to bring goods to this potential market.
Agricultural and food businesses benefit from green production

Agricultural and food businesses benefit from green production

VCN- Investing in production processes that meet sustainability and environmental protection standards early on has put agricultural and food processing enterprises in a ready position as soon as the market are in demand.
Read More

Your care

Latest Most read
Coffee exports set to hit 5.6 billion USD in 2024

Coffee exports set to hit 5.6 billion USD in 2024

Coffee export revenue is projected to reach a record 5.6 billion USD this year, driven by rising global coffee prices.
Hai Duong exports grapefruit to EU

Hai Duong exports grapefruit to EU

The northern province of Hai Duong on November 28 held a ceremony to announce the first shipment of its Hoa Binh grapefuits to the EU market by sea for the 2024 export season.
Commodity group expects to hit import turnover of US$100 billion

Commodity group expects to hit import turnover of US$100 billion

VCN - According to the latest statistics of the General Department of Vietnam Customs, in the first half of November, the whole country spent US$4.67 billion importing computers, electronic products and components.
US businesses increase shrimp imports ahead of tax hike

US businesses increase shrimp imports ahead of tax hike

Shrimp exports to many major markets have grown positively, especially the US market has many positive signals as businesses in this country are increasing imports ahead of tax hike information.
Ample room for Vietnam-Bulgaria economic, trade cooperation

Ample room for Vietnam-Bulgaria economic, trade cooperation

Vietnam and Bulgaria have significant potential for multi-sector collaboration, ranging from high-tech industries and automobile manufacturing to agriculture, food processing, healthcare, and education.
Mobile Version