Five export commodity groups worth“10 billion USD"
Turnover of five key commodity groups in the country’s export structure as of August 15, unit "billion USD". Chart: T. Binh. |
Export commodity groups with a turnover of ten billion USD or more from the beginning of the year to August 15 included: Phones and accessories; computers, electronic products and components; garments and textiles; machinery, equipment, tools and spare parts and footwear.
Notably, only two out of five key export groups achieved positive growth.
The first group was computers, electronic products and components with a turnover of more than US$25.4 billion, up 25.8% over the same period in 2019, or more than US$5.2 billion.
The main export marketsincludingChina, the US, and the EU all had good growth.
The second group was machinery, equipment, tools and spare parts with a turnover of more than US$13.8 billion, up by 31.6%, or more than US$3.3 billion.
The main export markets of the above commodity group were the US, the EU, Japan and South Korea.
Meanwhile, although phones and components remained Vietnam's largest export commodity, their turnover only reached US$28.82 billion, down about US$1.5 billion over the same period in 2019.
Even garments and textiles reached only US$17.6 billion, which was the group with the strongest drop to US$2.3 billion. The largest export market of this commodity group was the US seeing a decrease of 9.6%.
Footwear reached more than US$10 billion, a year-on-year decline of about US$1 billion. The US and the EU,as the two main export markets for the above group,experienced a big decline.
With a total turnover of over US$95.7 billion, only five key commodity groups accounted for nearly 60% of the country’s total export turnover at the same time.
Related News
Total import-export turnover reaches US$715.55 billion in 11 months
10:23 | 13/12/2024 Import-Export
Preliminary assessment of Vietnam international merchandise trade performance in the first half of November, 2024
09:40 | 12/12/2024 Customs Statistics
Preliminary assessment of Vietnam international merchandise trade performance in the first 10 months of 2024
09:40 | 12/12/2024 Customs Statistics
Preliminary assessment of Vietnam international merchandise trade performance in the second half of October, 2024
09:40 | 12/12/2024 Customs Statistics
Latest News
Promoting Vietnam - Poland trade through new maritime routes
10:24 | 13/12/2024 Import-Export
MoIT sets export growth at 6% in 2025
11:00 | 12/12/2024 Import-Export
Vietnam's first logistics park opens in Lang Son
10:58 | 12/12/2024 Import-Export
Vietnam’s coffee exports possibly top 5 billion USD for first time
10:56 | 12/12/2024 Import-Export
More News
Support aggregate demand to promote economic growth
09:41 | 12/12/2024 Import-Export
Plastics demand growing, says industry association
15:12 | 11/12/2024 Import-Export
Vietnam’s tuna exports gain larger market shares in key markets
15:09 | 11/12/2024 Import-Export
Efficiency in emission reduction and sustainable development for wood enterprises
14:46 | 11/12/2024 Import-Export
US emerges as biggest consumer of Vietnam’s pepper
16:57 | 10/12/2024 Import-Export
Why are seafood exports to some Middle Eastern countries blocked?
10:32 | 10/12/2024 Import-Export
Seafood exports increase competitiveness through quality
10:24 | 09/12/2024 Import-Export
Textiles, footwear enterprises need support to green the supply chain
10:22 | 09/12/2024 Import-Export
Vietnam’s seafood export hits 1 billion USD mark for October
18:21 | 08/12/2024 Import-Export
Your care
Promoting Vietnam - Poland trade through new maritime routes
10:24 | 13/12/2024 Import-Export
Total import-export turnover reaches US$715.55 billion in 11 months
10:23 | 13/12/2024 Import-Export
MoIT sets export growth at 6% in 2025
11:00 | 12/12/2024 Import-Export
Vietnam's first logistics park opens in Lang Son
10:58 | 12/12/2024 Import-Export
Vietnam’s coffee exports possibly top 5 billion USD for first time
10:56 | 12/12/2024 Import-Export