Exports increased by over US$27 billion

VCN - Sharing the same success of import and export activities in general, Vietnam's export turnover in the first six months of the year grew by double digits.
Imports and exports at Hai Phong port. Photo: T.Bình
Imports and exports at Hai Phong port. Photo: T.Bình

The latest preliminary statistics of the General Department of Vietnam Customs showed that the total import-export turnover of Vietnam's goods from June 16 to 30 reached US$33.36 billion, increasing by 5.4% (equivalent to an increase of US$1.72 billion) compared to the results in the first half of June 2022.

The results achieved in the second half of June brought the country's total import-export turnover in the first six months of 2022 to US$371.32 billion, rising by 16.4% (equivalent to US$52.33 billion) compared to the same period in 2021.

Accordingly, foreign direct investment (FDI) enterprises reached US$255.82 billion, increasing by 16% (US$35.26 billion); import-export of domestic enterprises was nearly US$115.5 billion, increasing by 17.3% (equivalent to US$17.07 billion) over the same period last year.

The trade balance of goods witnessed a surplus of US$2.15 billion. Thus, in general, there was a surplus of US$743 million in the first six months.

Notably, exports reached nearly US$17.76 billion, growing by 17.5% (equivalent to US$2.65 billion) compared to the first half of June.

Groups of goods with strong growth such as computers, electronic products and components increased by US$941 million, equivalent to an increase of 44.2%; phones and components increased by US$699 million, equivalent to an increase of 37.9%; machinery, equipment, tools and spare parts increased by US$216 million, equivalent to an increase of 11.4%; textile and garment increased by US$196 million, equivalent to an increase of 11.6%; footwear of all kinds increased by US$156 million, equivalent to an increase of 14.1%.

In general, in the first six months of the year, Vietnam's exports reached US$186.03 billion, rising by 17.3%, equivalent to an increase of US$27.46 billion over the same period in 2021.

Particularly, FDI enterprises reached US$135.9 billion, growing by 16.4% (equivalent to US$19.15 billion) compared to the same period last year, accounting for 73.1% of the total export turnover of the country.

By Thái Bình/Thanh Thuy

Related News

Lao Cai Customs attracts over 100 new businesses for customs procedures

Lao Cai Customs attracts over 100 new businesses for customs procedures

VCN - Compared to the same period in 2023, the number of businesses handling procedures at Lao Cai border gate customs branch (under Lao Cai Customs Department) has grown by 109 companies.
Quang Tri Customs: Revenue from imported coal plunges

Quang Tri Customs: Revenue from imported coal plunges

VCN - Coal and wood of all kinds are items that contribute greatly to the state budget revenue of Quang Tri Customs Department, but are fluctuating in a downward direction.
Businesses welcome the "golden" tuna export opportunity to the UAE

Businesses welcome the "golden" tuna export opportunity to the UAE

VCN- Tuna products imported into the United Arab Emirates (UAE) are currently subject to a 5% tax rate. Therefore, businesses expect this market to expand further when the FTA between Vietnam and the UAE takes effect and reduces the import tax on seafood to 0%.

Latest News

Opportunity to accelerate agricultural export to China

Opportunity to accelerate agricultural export to China

VCN - For many years, China has been Vietnam's largest trading partner. Trade between Vietnam and China has maintained a stable and sustainable growth momentum.
Bac Ninh, East Kazakhstan boost cooperation

Bac Ninh, East Kazakhstan boost cooperation

A delegation from the northern province of Bac Ninh led by member of the Party Central Committee and Secretary of the provincial Party Committee Nguyen Anh Tuan met with leaders of East Kazakhstan region, Kazakhstan, on November 15 to promote cooperation between the two localities.
Vietnam sees opportunities to attract investments in electronics support industries

Vietnam sees opportunities to attract investments in electronics support industries

As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.
Electronics industry overcomes challenges to penetrate deep into global supply chain

Electronics industry overcomes challenges to penetrate deep into global supply chain

VCN - In addition to the opportunities from the investment shift in the electronics industry, Vietnamese enterprises also face many challenges in terms of capital, technology and human resources. Ms. Do Thi Thuy Huong, Executive Committee Member of the Vietnam Electronics Industry Association (VEIA), shared about the future directions for this potential industry.

More News

Vietnam-China trade expected to hit record of US$ 200 billion in 2024

Vietnam-China trade expected to hit record of US$ 200 billion in 2024

VCN- The import-export turnover between Vietnam and China is predicted to hit a new record of US$ 200 billion.
Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam, with its skilled workforce and competitive production costs, is poised to become a critical supplier of materials, components, and assemblies for the semiconductor industry, thus making a deeper penetration into the global value chain.
Advantages of Vietnam’s exports to Indonesia

Advantages of Vietnam’s exports to Indonesia

VCN – By taking advantage of the potential and opportunities from the RCEP and ATIGA agreements, there are numerous opportunities for Vietnamese goods to be exported to the Indonesia market, especially agricultural and aquatic products.
Vietnamese passion fruit gets “great opportunities” to Australia

Vietnamese passion fruit gets “great opportunities” to Australia

VCN - Vietnamese passion fruit having been exported to twenty countries, in many forms such as fresh fruit, frozen fruit, juice, recently Vietnamese passion fruit continues to be licensed to export to the Australian market. Thus, after mango, longan, lychee, dragon fruit, passion fruit is the 5th product of Vietnam licensed to export to the Australian market.
Exports of bamboo, rattan, sedge, carpet products reach 594.8 million USD

Exports of bamboo, rattan, sedge, carpet products reach 594.8 million USD

Vietnam's exports of rattan, bamboo, sedge and carpet products totalled 50.43 million USD in September, a 4.5% decrease compared to last year, according to the General Department of Customs.
Vietnam to set new record in rice exports in 2024

Vietnam to set new record in rice exports in 2024

Despite challenges in the global rice market, Vietnam's is still on a right track to a new export volume record of over 8 million tonnes in 2024, surpassing last year’s result, according to insiders.
Reducing logistics costs: A solution for competitiveness and attracting import-export goods

Reducing logistics costs: A solution for competitiveness and attracting import-export goods

VCN - With high costs, a lack of large-scale logistics centers, and fragmented infrastructure, the logistics industry still faces many challenges on its path to becoming a backbone of the economy.
Agricultural exports require business flexibility

Agricultural exports require business flexibility

VCN - In the context of the global economy having many fluctuations, agricultural exports, especially fruits to China, are becoming the driving force helping Vietnam achieve impressive export results. Mr. Tran Thanh Hai (photo), Deputy Director of the Import-Export Department (Ministry of Industry and Trade) shared the export situation in the past time and prospects in the last months of the year.
Several localities achieve record-breaking import-export growth

Several localities achieve record-breaking import-export growth

During the first ten months of 2024, Ho Chi Minh City maintained its leading economic position, contributing the largest share of Vietnam’s total import-export turnover, reaching nearly 88 billion USD, up by 7.3 billion USD year-on-year.
Read More

Your care

Latest Most read
Opportunity to accelerate agricultural export to China

Opportunity to accelerate agricultural export to China

VCN - For many years, China has been Vietnam's largest trading partner. Trade between Vietnam and China has maintained a stable and sustainable growth momentum.
Bac Ninh, East Kazakhstan boost cooperation

Bac Ninh, East Kazakhstan boost cooperation

A delegation from the northern province of Bac Ninh led by member of the Party Central Committee and Secretary of the provincial Party Committee Nguyen Anh Tuan met with leaders of East Kazakhstan region, Kazakhstan, on November 15 to promote cooperation between the two localities.
Vietnam sees opportunities to attract investments in electronics support industries

Vietnam sees opportunities to attract investments in electronics support industries

As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.
Businesses welcome the "golden" tuna export opportunity to the UAE

Businesses welcome the "golden" tuna export opportunity to the UAE

VCN- Tuna products imported into the United Arab Emirates (UAE) are currently subject to a 5% tax rate. Therefore, businesses expect this market to expand further when the FTA between Vietnam and the UAE takes effect and reduces the import tax on seafood
Electronics industry overcomes challenges to penetrate deep into global supply chain

Electronics industry overcomes challenges to penetrate deep into global supply chain

VCN - In addition to the opportunities from the investment shift in the electronics industry, Vietnamese enterprises also face many challenges in terms of capital, technology and human resources. Ms. Do Thi Thuy Huong, Executive Committee Member of the Vi
Mobile Version