Import-export turnover reached more than $30 billion in the first half of July

VCN - According to the latest preliminary statistics of the General Department of Vietnam Customs, Vietnam's import-export turnover in the first half of July reached $30.59 billion, down 8.3% (equivalent to a decrease of $2.77 billion) compared to the results in the second half of June 2022.
Sketch by T.Bình
Sketch by T.Bình

The results achieved in the first half of July saw increased import-export turnover to $403.11 billion, up 16.7%, equivalent to $57.66 billion higher than the same period last year.

In the first half of July, the trade balance had a deficit of $2.01 billion. From the beginning of the year to July 15, the trade balance had a deficit of $955 million.

The total export turnover reached $14.29 billion, down 19.5% (equivalent to $3.47 billion) compared to the second period of June 2022.

Groups of goods that fell sharply, such as computers, electronic products, and components, decreased by $1.41 billion, equivalent to a decrease of 45.9%; phones and components decreased by $682 million, equivalent to a decrease of 26.8%; machinery, equipment, tools, and spare parts decreased by $274 million, equivalent to a decrease of 13%; iron and steel of all kinds decreased by $193 million, equivalent to a 44% decrease.

From the beginning of the year to the end of July 15, export turnover reached $201.08 billion, up 17.4%, equivalent to an increase of $29.86 billion over the same period in 2021.

Some groups grew strongly such as machinery, equipment, tools, and spare parts increased by $4.83 billion, equivalent to 26.2 % increase; phones and components increased by $4.8 billion, equivalent to 18% increase; computers, electronic products, and components increased by $3.98 billion, equivalent to 15.7% increase; textiles and garments increased by $3.38 billion, equivalent to an increase of 19.9%.

Imports in the first period of July reached $16.3 billion, up 4.5% (equivalent to $699 million) compared to the second half of June 2022.

Import turnover increased in several commodity groups. Computers, electronic products, and components increased by $465 million, equivalent to an increase of 13.8%; phones and components increased by $164 million, equivalent to 23.9%.

However, there is still a decrease in the number of commodity groups. Iron and steel decreased by $136 million, equivalent to 20.6%; coal decreased by $106 million, equivalent to 20.5%; Iron and steel scrap decreased by $105 million, equivalent to a decrease of 68.1%.

From the beginning of the year to July 15, the import turnover reached $202.03 billion, up 16% over the same period in 2021.

Some groups grew strongly such as computers, electronic products, and components increased by $10.48 billion, equivalent to 28.7%; petrol and oil increased by $3.1 billion, equivalent to 131.8%; coal increased by $2.73 billion, equivalent to 136.6%.

By Thái Bình/Hải Yến

Related News

Hai Phong Customs collects nearly VND 5,300 billion in the early months of 2024

Hai Phong Customs collects nearly VND 5,300 billion in the early months of 2024

VCN - The result of revenue collection at Hai Phong Customs Department in the early months of 2024 shows many positive signs, especially in Hai Phong area.
Import-export turnover across northern border soars

Import-export turnover across northern border soars

The northern border gates have been restored after three years of stagnation, helping Vietnam's import-export turnover with China through the northern border provinces increase by 242% in the first quarter of this year over the same period last year.
Lang Son: Import-export turnover grow 71%

Lang Son: Import-export turnover grow 71%

VCN - Since the Chinese side reopened import and export activities, the flow of goods cleared through border gates in Lang Son province has increased significantly. Accordingly, in the first quarter, the total import and export turnover of goods through Lang Son province increased by 71% over the same period in 2022.
Import-export turnover of goods through Tan Thanh border gate grow sharply

Import-export turnover of goods through Tan Thanh border gate grow sharply

VCN – According to the statistics of Tan Thanh Customs Branch (Lang Son Customs Department), in the first two months of 2023, the unit has received and handled customs procedures for 7,429 sets of customs dossiers, an increase of 1457.4% over the same period in 2022 with the total import-export turnover achieved US$ 69,822,566, rising to 1,183.4% compared to the previous year.

Latest News

Exports hit more than US$65 billion in January 2024

Exports hit more than US$65 billion in January 2024

VCN - The export turnover achieved more than US$65 billion in January 2024 and recorded impressive growth in exports and imports.
Binh Duong export growth hopes to bounce back

Binh Duong export growth hopes to bounce back

VCN - Thanks to positive signals from the recovery of export orders, Binh Duong is expected to regain growth momentum in 2024.
Huge potential for fruit and vegetable exports

Huge potential for fruit and vegetable exports

With robust export of fruits and vegetables, the industry has set a typical example for quick transformation in the context of economic difficulties to tap the potential and expand global reach.
Enterprises kick off exports in the new year

Enterprises kick off exports in the new year

VCN - Since the 10th day of the lunar calendar, many enterprises have officially resumed operations after the Tet holiday and commenced exporting goods.

More News

Bac Lieu targets national shrimp hub status

Bac Lieu targets national shrimp hub status

With the aim of becoming a "national shrimp industry hub" and focusing on creating the "Bac Lieu clean shrimp" brand to develop a shrimp value chain, the Mekong Delta province of Bac Lieu has set developing hi-tech shrimp farming models as a primary direction.
Can Vietnam

Can Vietnam's Fisheries Pass the IUU Inspection in April 2024?

VCN - The upcoming fifth inspection by the European Commission (EC) on Illegal, Unreported, and Unregulated (IUU) fishing in Vietnam, set for April 2024, has prompted local authorities to intensify efforts to address existing challenges and limitations. They are prioritizing the execution of critical tasks and solutions from now until April 30, 2024, to meet the stringent requirements.
Vietnam"s aquatic product exports expected to recover in 2024

Vietnam"s aquatic product exports expected to recover in 2024

Vietnam’s aquatic product exports in January surged 60.8% year-on-year to 730 million USD, making a positive signal for the year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.
Vietnam

Vietnam's 2 hundred billion dollar trading partners

VCN - China and the United States are our country's two largest trading partners and together have a turnover of over 100 billion USD.
Optimistic signs seen in exports of garment-textile sector

Optimistic signs seen in exports of garment-textile sector

Enjoying a rise in orders, the garment and textile sector is optimistic about the completion of its target of earning 44 billion USD in export revenue set for this year.
OCOP products bring about dual benefits

OCOP products bring about dual benefits

The One Commune One Product (OCOP) Programme has no longer been a pure poverty reduction measure for rural areas, but an important boost for Vietnamese agricultural products, connecting other industries for mutual development, thus bringing dual benefits for rural areas, according to experts.
Farm exports expect breakthrough

Farm exports expect breakthrough

Vietnam's export of agricultural products recorded impressive growth in the first month of 2024 and is expected to see a breakthrough in the whole year.
First container of Ha Giang pickled daikon in 2024 exported to Japan

First container of Ha Giang pickled daikon in 2024 exported to Japan

The first container of pickled daikon in 2024 from the northern province of Ha Giang was exported to Japan on February 19 within the cooperation in the value chain linkage between Ha Giang and the Vietnam Misaki Co., Ltd.
Rice sector works on 5 billion USD export target

Rice sector works on 5 billion USD export target

Vietnam's rice exports are expected to continue their upward trajectory this year, toward a milestone of 5 billion USD in turnover.
Read More

Your care

Latest Most read
Exports hit more than US$65 billion in January 2024

Exports hit more than US$65 billion in January 2024

The export turnover achieved more than US$65 billion in January 2024 and recorded impressive growth in exports and imports.
Binh Duong export growth hopes to bounce back

Binh Duong export growth hopes to bounce back

VCN - Thanks to positive signals from the recovery of export orders, Binh Duong is expected to regain growth momentum in 2024.
Huge potential for fruit and vegetable exports

Huge potential for fruit and vegetable exports

With robust export of fruits and vegetables, the industry has set a typical example for quick transformation in the context of economic difficulties to tap the potential and expand global reach.
Enterprises kick off exports in the new year

Enterprises kick off exports in the new year

VCN - According to Ho Quoc Luc, Chairman of the Board of Directors of Sao Ta Food JSC, the company's processing plants are currently busy processing orders and preparing for the first lunar month's exports immediately after returning to work after the lon
Bac Lieu targets national shrimp hub status

Bac Lieu targets national shrimp hub status

With the aim of becoming a "national shrimp industry hub" and focusing on creating the "Bac Lieu clean shrimp" brand to develop a shrimp value chain, the Mekong Delta province of Bac Lieu has set developing hi-tech shrimp farming models as a primary direction.
Mobile Version