Total trade of FDI enterprises records over US$463 billion

VCN – The total trade in goods of FDI enterprisers in December 2021 saw a year-on-year increase of 5.1% to US$45.77 billion, the General Department of Vietnam Customs reported.
Trade minister urges handling cargo congestion by all means Trade minister urges handling cargo congestion by all means
Trade in goods of FDI enterprises hits US$440 billion Trade in goods of FDI enterprises hits US$440 billion
Total trade of FDI enterprises records over US$463 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.

By Thai Binh/Ngoc Loan

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