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Proportion of five commodity groups with “tens of billions of US dollars”export turnover of total export turnover of the whole country until the end of September. Chart: T.B

Export turnover of agriculture products decreased

According to the General Department of Vietnam Customs, by the end of September, the total export turnover of agricultural products (including vegetables, cashews, pepper, tea, coffee, rice, cassava and cassava products and rubber)reached US$12.54 billion, down 7.9% compared to 2018, equivalent to US$1.07 billion.

China is still the largest export market of Vietnam's agricultural products with a turnover of US$4.25 billion. However, this is also the marketwith the strongest decline in export turnover of up to 10.6 percent compared to 2018.

The export turnover of other markets such as the EU, the US and ASEAN has declined.

Specifically, the export turnover of the EU market reached US$1.9 billion, down 8.1 percent; ASEAN market reached US$1.65 billion, down 1.5 percent; the US market reached US$1.23 billion, down 18.2 percent.

Regarding the agriculture sector, the export of fishery products also faced difficulties in the first months of this year.

Until the end of September, the total export turnover of this commodity reached only US$ 6.22 billion, down 2.1% compared to 2018.

The export turnover to the US market reached US$1.08 billion, down 5.3 percent; Japan reached US$1.07 billion, up 7.8 percent; EU reached US$982 million, down 11.7 percent; China reached US$832 million, up 14.2 percent.

The export turnover of Vietnam’s other export groups also in negative growtharecameras, camcorders and components.

By the end of September, the export value of cameras, camcorders and accessories reached US$2.96 billion, down 15.3% compared to 2018 .

The export value of major markets includeChina with US$1.29 billion, down 28.4 percent; India with US$458 million, an increase of 125.7 percent; Hong Kong with US$380 million, down 55.5 percent.

Meanwhile, the volume of iron and steel products increased but the price decreased. Specifically, the country exported 4.86 million tons, valued at US$3.16 billion, up 6 percent in volume but down 6.5 percent in value compared to 2018.

Notably, Cambodia is the largest export market of iron and steel with 1.3 million tons, up 33.5 percent. In addition, other important markets are Indonesia, Malaysia and the US.

Export turnover of phones and computers increased

The General Department of Vietnam Customs statistics show that the export turnover of the leading export commodities has seen significant growth to increase export turnover of the country by 8.4 percent, equivalent to more than US$15 billion compared to 2018.

Phones and accessories are the largest export commodities with a value of US$38.81 billion, up 5.7 percent compared to 2018.

Exports to the US and Korea increasedsharply, especially the US. The export to the US in the first nine months of the year reached US$7.01 billion, up 68.9 percent; to the Korean market reached US$3.99 billion, up 18.7 percent.

The export turnover of phones and accessories to the EU and China declined. In particular, the EU decreased by 6.6percent, reaching only US$9.46 billion; China market reached US$4.67 billion, down 19.2 percent.

The export turnover of computers, electronic products and components surpassed textiles to stabilize in second position. By the end of September, the total export turnover of computers, electronic products and components reached US$25.61 billion, up 17.7 percentcompared to 2018. Major export markets of this commodity group are China, the US, Korea and the EU. The export turnover of the USis highest with a turnover of 94.1 percent, reaching US$4.02 billion.

Export turnover of textile and garment products reached US$24.61 billion, up 9.6 percent compared to 2018. This is the 3rd largest export commodity group. The US continues to be the largest export market of textile and garment with a value ofUS$11.21 billion, up 8.7 percent compared to 2018, accounting for 45.5 percent of total textile and garment export turnover of the country.

By the end of September, there were twoexport commodity groups with ten billion USD of turnover –footwear and machinery; equipment, tools and spare parts.

In particular, export turnover of footwear reached US$13.25 billion, up 12.9 percent. The EU and the US continue to be the two major export markets with turnover and growth rates of US$3.64 billion (up 7.8 percent) and US$4.87 billion (up 14.1 percent), respectively. The value of footwear exports to these two markets accounted for 64.2 percent of the country's total footwear export turnover.

Machinery, equipment, tools and spare parts reached US$13.01 billion, up 8.4 percent to markets such as the US, the EU, Japan, and Korea.