Exports in first 2 months reach high record ever

VCN - In the first two months of 2024, the country's exports surged 19% year-on-year to US$59.21 billion, according to statistics from the General Department of Customs.
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Quang Tri Customs makes great effort to foster imports and exports across area Quang Tri Customs makes great effort to foster imports and exports across area
Exports in first 2 months reach high record ever
Developments of exports in the first two months of the last 10 years. Unit: US$ billion". Photo: T.Binh.

Notably, the export turnover achieved in the first two months of 2024 is also the highest figure ever in the same period so far.

In the last 10 years (2015-2024), there were only 2 years when export turnover reached more than US$50 billion in the first two months. The first two month of 2022 recorded US$55.24 billion in exports.

Two years had a trade turnover of more than US$40 billion (2023 reached US$49.76 billion and in 2021 reached US$48.82 billion); the remaining years reached over US$20 billion to under 40 US$ billion.

In terms of growth turnover, 2024 sees the highest turnover ever (an increase of US$9.45 billion year-on-year); followed by 2021 with an increase of US$9.43 billion; 2018 with an increase of US$7.08 billion.

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Most recent years have seen positive export growth in the first two months of the year, only 2023 saw a decrease in export growth in the first two month compared to the same period last year (down US$5.48 billion).

By Thai Binh/ Huyen Trang

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