Export and import activities are a shining highlight in Vietnam’s first two months of 2024. According to statistics from the General Statistics Office, the total import-export turnover in the first two months of Vietnam is estimated at USD 113.96 billion, an increase of 18.6% compared to the same period last year (a decrease of 13.3% compared to the same period last year), of which exports reached USD 59.34 billion, an increase of 19.2%; imports reached USD 54.62 billion, an increase of 18%; and the trade surplus of goods reached USD 4.72 billion.
Graphics: PL
In the first two months of 2024, there are 11 items with export turnover exceeding USD 1 billion, accounting for 75.1% of the total export turnover, including 4 items with export turnover exceeding USD 5 billion, accounting for 52.5%.
Regarding the structure of export commodity groups in the first two months of 2024, the group of fuels and minerals is estimated at USD 0.57 billion, accounting for 0.95%; the group of processed industrial goods is estimated at USD 50.59 billion, accounting for 85.26%; the group of agricultural, forestry, and aquatic products is estimated at USD 5.5 billion, accounting for 9.3%. In which, exports have strong and uniform growth in both the agricultural and aquatic products group (up 38.8%) and the processed industrial goods group (up 18.3%).
Most of the items recorded growth, with 39 out of 45 items experiencing growth compared to the same period last year.
The export turnover of many groups of processed industrial products achieved high growth rates, even in the double digits. Specifically, the key export items such as wood and wood products increased by 43.8%; iron and steel increased by 45.4%; footwear increased by 18.3%; computers, electronic products, and components increased by 33.9%; textiles and garments increased by 15%…
Phones of all kinds and components are the top export items in the first two months of the year, estimated at USD 9.58 billion, an increase of 4.1% compared to the same period last year. The next is computers, electronic products, and components, estimated at USD 9.54 billion, an increase of 33.9% compared to the same period last year.
In terms of export markets, the United States remains the largest export market of Vietnam, estimated at USD 17.4 billion, an increase of 33.7% compared to the same period last year; followed by Japan with an estimated increase of 19.6%; the EU with an estimated increase of 14.2%, and China with an estimated increase of 7.7%…
