According to preliminary statistics released by the General Department of Customs on the morning of February 22, 2024, Vietnam’s total import and export value of goods in the 2nd half of January 2024 (from January 16 to January 31, 2024) reached $35.33 billion, an increase of 18.6% (equivalent to an increase of $5.54 billion) compared to the performance in the 1st half of January 2024.
The results achieved in the 2nd half of January 2024 brought the total import and export value of the country in January 2024 to $65.43 billion, an increase of 40.3% (equivalent to an increase of $18.79 billion) compared to January 2023. In which, the total import and export value of Foreign Direct Investment (FDI) enterprises reached $44.52 billion, an increase of 32.9% (equivalent to an increase of $11.03 billion); the value of import and export of domestic enterprises is $20.91 billion, an increase of 59% (equivalent to an increase of $7.76 billion) compared to the same period last year.
In the 2nd half of January 2024, the trade balance of goods surplus reached $3.27 billion. In the first month of 2024, the trade balance of goods surplus was $3.63 billion.
Specifically, in terms of exports, in the 2nd half of January 2024, it reached $19.3 billion, an increase of 27.9% (equivalent to an absolute increase of $4.22 billion) compared to the previous period.
The export value in the 2nd half of January 2024 increased compared to the previous period in the following commodity groups: computers, electronic products and components increased by $842 million, equivalent to an increase of 37.5%; machinery, equipment, tools and spare parts increased by $735 million, equivalent to an increase of 45%; textile and garment increased by $548 million, equivalent to an increase of 42.5%; footwear of all kinds increased by $322 million, equivalent to an increase of 39.1%; wood and wood products increased by $200 million, equivalent to an increase of 31.7%…
Therefore, in January 2024, Vietnam’s total export value reached $34.53 billion, an increase of 46% (equivalent to an increase of $10.89 billion) compared to the same period last year.
The statistics of the General Department of Customs also show that the export value of goods of Foreign Direct Investment (FDI) enterprises in the 2nd half of January 2024 reached $13.83 billion, an increase of 25.7% (equivalent to an increase of $2.82 billion) compared to the previous period, thereby bringing the total export value of goods in January 2024 of this group of enterprises to $24.87 billion, an increase of 38.6% (equivalent to an increase of $6.92 billion) compared to the same period last year, accounting for 72% of the total export value of the country.
From the opposite direction, the value of goods imports of Vietnam in the 2nd half of January 2024 reached $16.03 billion, an increase of 9% (equivalent to an absolute increase of $1.33 billion) compared to the previous period.
The import value in the 2nd half of January 2024 increased compared to the previous period mainly in the following commodity groups: crude oil increased by $169 million, equivalent to an increase of 52.2%; petroleum of all kinds increased by $166 million, equivalent to an increase of 78.2%; machinery, equipment, tools, spare parts increased by $128 million, equivalent to an increase of 6.7%; various textiles increased by $64 million, equivalent to an increase of 11.6%…
Therefore, in January 2024, the total import value of the country reached $30.9 billion, an increase of 34.4% (equivalent to an increase of $7.91 billion) compared to the same period last year.
The import value of goods of FDI enterprises in this period reached $10.02 billion, an increase of 5.7% (equivalent to an increase of $539 million) compared to the previous period. In January 2024, the total import value of this group of enterprises reached $19.65 billion, an increase of 26.4% (equivalent to an increase of $4.11 billion) compared to the same period last year, accounting for 63.6% of the total import value of the country.
