Vietnam"s 10-month export value up 16.6 percent

Vietnam’s export turnover in the first ten months of 2021 is estimated at nearly 268 billion USD, up 16.6 percent against the same period last year, the General Statistics Office (GSO) announced on October 29.
Vietnam"s 10-month export value up 16.6 percent | Business | Vietnam+ (VietnamPlus)

During January-October, the US was Vietnam's largest export market with a turnover of 76 billion USD, up around 22 percent over the same period last year. It was followed by China, the EU and the ASEAN market.

Meanwhile, China was Vietnam’s biggest import market, with over 89 billion USD. It was followed by the Republic of Korea, the ASEAN market and Japan.

In October, Vietnam enjoyed a trade surplus of 1.1 billion USD. However, in the first ten months of 2021, the country posted a trade deficit of 1.45 billion USD./.

Source: VNA
en.vietnamplus.vn

Related News

Make great efforts to collect import and export taxes under impact of FTA

Make great efforts to collect import and export taxes under impact of FTA

VCN - In the context of implementing new-generation FTAs, the state revenue from import and export activities is greatly affected. Customs Magazine had an interview with Mr. Nguyen Quoc Huy, Deputy Director of the Customs Research Institute, General Department of Vietnam Customs on this issue.
How is Vietnam-US trade under two Trump elections?

How is Vietnam-US trade under two Trump elections?

VCN - In the first nine months of 2024, Vietnam-US trade reached nearly US$100 billion, nearly three times higher than the same period in 2016 - the first year Donald Trump was elected President of the United States.
Terminate Pilot Project on Importing Medicinal Herbs across Chi Ma Border Gate

Terminate Pilot Project on Importing Medicinal Herbs across Chi Ma Border Gate

VCN - On October 30, 2024, the Government issued Resolution No. 210/NQ-CP on terminating the Pilot Project on Importing Medicinal Herbs under Resolution No. 111/NQ-CP dated September 23, 2021 of the Government on implementing the Pilot Project on Importing Medicinal Herbs across Chi Ma Bilateral Border Gate (Lang Son).
Increasing opportunities for exporting agricultural products to China by rail

Increasing opportunities for exporting agricultural products to China by rail

VCN - China is the largest export market for Vietnamese agricultural products and fruits. With increasing demand, exporting agricultural products by rail to this billion-people market is a potential and promising direction.

Latest News

Ample opportunity for Vietnam - Peru trade to increase to meet potential

Ample opportunity for Vietnam - Peru trade to increase to meet potential

State President Luong Cuong's coming visit to Peru is set to catalyse cooperation in promising areas, as two-way trade continues its impressive trajectory, doubling to 600 million USD in 2022 from the 2014 level.
Vietnam aims to increase market share in Africa

Vietnam aims to increase market share in Africa

Although Vietnam’s rice exports have traditionally focused on Asian markets, experts have advised businesses to pay more attention to Africa which has emerged as a key potential market.
Beware of the "invasion" of unofficial e-commerce platforms

Beware of the "invasion" of unofficial e-commerce platforms

VCN - Appearing in Vietnam since the end of September, the online retail platform Temu has attracted buyers with its super discount and completely free shipping strategy. However, currently, the information about Temu's legal status and unverified information security methods lead to potential risks.
Seafood exports expected to break through in the last months of the year

Seafood exports expected to break through in the last months of the year

VCN - Vietnam's seafood exports in the third quarter of 2024 reached the highest turnover since the beginning of the year. Speaking to the press, Ms. Le Hang (photo), Communications Director of the Vietnam Association of Seafood Exporters and Producers (VASEP), shared the highlights of exports in the first 9 months of the year and assessed the trend in the last quarter of this year.

More News

Vietnam’s aquatic exports on track to top 10 billion USD

Vietnam’s aquatic exports on track to top 10 billion USD

Vietnam’s aquatic exports are expected to exceed the annual target of 10 billion USD on the back of strong demand from major markets, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Vietnamese, Chinese firms ink deals to bolster trade

Vietnamese, Chinese firms ink deals to bolster trade

Vietnamese and Chinese firms signed seven memoranda of understanding covering trade-economy, logistics, energy, agriculture, and media during a recent dialogue in Chongqing city of China.
Chemical companies go green to compete effectively

Chemical companies go green to compete effectively

VCN - Chemical and fertilizer production are industries with high emissions and energy usage, making the Green standard particularly stringent for them.
To open the door for industrial processing and manufacturing products to demanding markets

To open the door for industrial processing and manufacturing products to demanding markets

VCN - Vietnam's processing and manufacturing industry has made strong progress in 2024, with positive growth and becoming the main driving force of the economy. However, to maintain growth momentum and expand market share in demanding markets, businesses need to address challenges in quality standards, raw material costs and strict compliance requirements from international partners.
Vietnam- the Philippines trade reaches nearly US$6.5 billion after 9 months

Vietnam- the Philippines trade reaches nearly US$6.5 billion after 9 months

VCN - In the first nine months of 2024, the total two-way trade turnover between Vietnam and the Philippines reached nearly US$6.5 billion, an increase of over 20% year-on-year.
Vietnam's pepper exports down in volume, but surge in value

Vietnam's pepper exports down in volume, but surge in value

Vietnam's pepper exports saw a 1.9% year-on-year decrease in volume but a significant 48% increase in value thanks to higher prices in the first 10 months of 2024, according to the Vietnam Pepper and Spice Association (VPSA).
Vietnam’s e-commerce sector grows 18%

Vietnam’s e-commerce sector grows 18%

Vietnam’s e-commerce market is estimated at 22 billion USD this year, ranking third in Southeast Asia behind Indonesia (65 billion USD) and Thailand (26 billion USD).
Vietnam draws new wave of high-value investments: Savills

Vietnam draws new wave of high-value investments: Savills

Vietnam’s industrial and digital sectors are experiencing a strong growth, fueled by a surge in foreign direct investment (FDI) inflows, large-scale infrastructure projects, and a favourable legal environment, according to Savills Vietnam.
Plastic exporters focus on recycling technology transformation

Plastic exporters focus on recycling technology transformation

VCN - Vietnam's plastic industry is facing significant challenges related to plastic waste and the demand for recycling. Huynh Thi My, Secretary General of the Vietnam Plastics Association, shared important insights on the transformation efforts by plastic businesses to meet the growing export demands.
Read More

Your care

Latest Most read
Ample opportunity for Vietnam - Peru trade to increase to meet potential

Ample opportunity for Vietnam - Peru trade to increase to meet potential

State President Luong Cuong's coming visit to Peru is set to catalyse cooperation in promising areas, as two-way trade continues its impressive trajectory, doubling to 600 million USD in 2022 from the 2014 level.
Vietnam aims to increase market share in Africa

Vietnam aims to increase market share in Africa

Although Vietnam’s rice exports have traditionally focused on Asian markets, experts have advised businesses to pay more attention to Africa which has emerged as a key potential market.
Beware of the "invasion" of unofficial e-commerce platforms

Beware of the "invasion" of unofficial e-commerce platforms

Appearing in Vietnam since the end of September, the online retail platform Temu has attracted buyers with its super discount and completely free shipping strategy.
Seafood exports expected to break through in the last months of the year

Seafood exports expected to break through in the last months of the year

Vietnam's seafood exports in the third quarter of 2024 reached the highest turnover since the beginning of the year.
Vietnam’s aquatic exports on track to top 10 billion USD

Vietnam’s aquatic exports on track to top 10 billion USD

Vietnam’s aquatic exports are expected to exceed the annual target of 10 billion USD on the back of strong demand from major markets, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Mobile Version