Five export groups with turnover of billion US$ to Japan

Five export commodity groups worth“10 billion USD"

Five export groups worth billion US$ to Japan. Chart by: T.B

According to the latest statistics of the General Department of Vietnam Customs, at the end of September, Vietnam’s exports to Japan decreased by 3.8% year-on-year to US$ 17.2 billion, accounting for 6% of the whole country.

Japan is Vietnam's fourth largest export market (after the United States, China, and Korea).

At the end of September, five export groups to Japan hit a turnover of 1 billion USD or more. The textiles and garments recorded the highest export value of US$ 2.93 billion, accounting for 17% of exports to Japan, up 0.6%

The export turnover of means of transport and spare parts grew 17.3% to US$ 2.1 billion, accounting for 12.4%.

The three remaining export groups that reached billion US$ but saw negative growth as machinery, equipment, tools and spare parts with a turnover of US$ 2.02 billion, accounting for 11.7%, down 2.25%; wood and wooden product with the turnover of US$1.26 billion, accounting for 7.32%, down 9.5%; Fishery product with the turnover of US$ 1.1 billion, accounting for 6.4%, down 12.9%.

At the end of September, the imports to Japan fell 12% year-on-year to US$ 15.7 billion, accounting for 6.6% of the total import turnover of the whole country.

Vietnam had a trade surplus of US$1.5 billion to the Japanese market.