The Customs sector collected more than VND 88 trillion in revenue in the first quarter of 2024
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Revenues from import and export in the first quarter of 2024 dropped by 4.2% compared to the same period in 2023. Photo: T.Bình. |
According to General Department of Vietnam Customs, revenue from import-export activities in March reached VND 31,935 billion, an increase of 3.9% compared to the previous month.
In the first quarter of 2024, the Customs sector's budget revenue reached 88,354 billion VND, equal to 26.3% of the assigned estimate, down 4.2% over the same period last year.
Regarding the import-export situation, export turnover in March is estimated at US$34.01 billion, an increase of 37.8% (equivalent to an increase of US$9.32 billion) compared to the previous month, imports are estimated at US$31.08 billion, rising 33.4% (equivalent to an increase of US$7.78 billion).
Thus, the total import-export turnover in March is estimated at US$65.09 billion, an increase of 35.6% (equivalent to an increase of US$17.1 billion) compared to the previous month, the trade balance is estimated at US$2.93 billion.
Accumulated in the first 3 months of 2024, total export turnover is estimated to reach US$93.06 billion, growing 17% (equivalent to an increase of US$13.51 billion) compared to the same period last year, imports are estimated to reach US$84.98 billion, rising 13.9% (equivalent to an increase of US$10.35 billion).
In the first quarter, total import-export turnover was estimated at US$178.04 billion, an increase of 15.5% (equivalent to an increase of US$23.86 billion) compared to last year. The trade balance in the first 3 months of 2024 is estimated to be a trade surplus of US$8.08 billion.
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