Total trade of FDI enterprises records over US$463 billion

	Trade minister urges handling cargo congestion by all means
	Trade in goods of FDI enterprises hits US$440 billion

Chart by: Thai Binh

The import and export turnover in December 2021 brought the total trade of FDI enterprises in 2021 up 24.6% or US$91.55 billion to US$463.43 billion compared with the previous year, accounting for 69.3% of the total turnover of the country.

The export turnover of FDI enterprises in December surged 6.5% to about US$24.6 billion compared with the previous month. The exports in 2021 saw year-on-year growth of 20.9% to US$245.22 billion.

Five export commodity groups of FDI enterprises with turnover worth over US$10 billion include phones and components at US$56.94 billion; computers, electronic products and components at US$49.7 billion; machinery and equipment at US$35.56 billion; textiles at over US$20 billion; and footwear at US$14 billion.

The import turnover of the enterprise sector in December increased 3.4% to US$21.18 billion compared with the previous month. The turnover for the whole year rose 29.1% to US$218.21 billion year-on-year.

The three product groups with the import turnover worth over US$10 billion were computers, electronic products and components, at US$69.5 billion; machinery and equipment at US$30.9 billion; and phones and components at US$20.3 billion.

According to the GDVC, the trade balance of goods of FDI enterprises in December 2021 saw a surplus of US$3.42 billion, thereby bringing the trade balance in the year to a surplus of US$27.01 billion.