Import and export of FDI enterprises decreased by more than 20 billion USD

VCN -Enterprises with foreign direct investment (FDI) accounted for more than 67.4% of the decline in import and export turnover of the whole country in the first 4 months of the year.
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Exports tend to increase mainly come from FDI enterprises Exports tend to increase mainly come from FDI enterprises
Import and export of FDI enterprises decreased by more than 20 billion USD

FDI enterprises account for over 99% of the export turnover of phones and components of Vietnam.

According to the latest preliminary statistics of the General Department of Customs, the country's total import-export turnover from the beginning of the year to the end of April 15 reached 179.74 billion USD, down 14.6%, corresponding to a decrease of 30 0.7 billion USD over the same period in 2022.

Notably, the import-export turnover of enterprises with foreign direct investment (FDI) only reached 125.56 billion USD, down 14.2% (equivalent to 20.7 billion USD).

Thus, FDI enterprises accounted for more than 67.4% of the decrease in turnover of the whole country (20.7/30.7 billion USD).

Regarding exports, in the first halfof April (April 1-15), the turnover of FDI enterprises reached US$ 9.56 billion, down 20.5%, corresponding to a decrease of USD 2.47 billion compared to the second period of March 2023. By the end of April 15, 2023, it reached 68.6 billion USD, down 11%, corresponding to 8.48 billion USD down over the same period last year, accounting for 74.2% of the total export turnover of the country.

Regarding imports, in the first quarter of April, FDI enterprises spent 8.28 billion USD on importing goods, down 8.6% (equivalent to 779 million USD) compared to the second period in March 2023. By the end of April 15, 2023, the total turnover reached 56.96 billion USD, down 17.7% (equivalent to 12.26 billion USD) compared to the same period in 2022, accounting for 65.3% of the total import turnover of the country.

As the above data shows, FDI enterprises make a very important contribution to Vietnam's import and export results.

In particular, these enterprises have great advantages in many key product groups such as phones and components; computers, electronic products and components; wood and wood products; footwear; textiles, etc.

By Thai Binh/Phuong Linh

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