According to the latest preliminary statistics from the General Department of Customs, in the first half of September (September 1-15), Vietnam’s exports reached 14 billion USD, a decrease of 6.73 billion USD compared to the second half of August.
Among the 45 main export commodities, 20 items decreased in value compared to the same period last year. Notably, high-growth export staples since the beginning of the year witnessed significant declines in the first half of September, including: Computers, electronics, and components reached 2.57 billion USD; machinery, equipment, tools, and parts reached nearly 2.2 billion USD; telephones and components reached nearly 1.9 billion USD, textiles and garments 1.21 billion USD, and footwear 623 million USD…
Meanwhile, some agricultural products maintained a fairly high growth rate in the first half of September, led by fruit and vegetable exports; seafood, coffee, rice, and cashew nuts…
Import and export activities in the first half of September witnessed significant declines.
On the other hand, imports in the first half of September reached 14.55 billion USD, a decrease of nearly 3 billion USD compared to the second half of August.
The General Department of Customs has not stated the reason for the sharp decline in import and export turnover in September, but it could be due to the impact of the recent Storm No. 3. The area where the storm made landfall is a key import and export region, including Hai Phong, Quang Ninh, Bac Ninh, and Bac Giang… Import and export activities at the seaports were interrupted at certain times.
Nevertheless, from the beginning of the year to September 15, the country’s trade turnover reached 540.7 billion USD, up 15.9% over the same period last year. Exports reached 279.4 billion USD, up 14.7%, and imports reached 261.3 billion USD, up 17.1%.
According to the Ministry of Industry and Trade, Vietnam’s exports this year are likely to exceed the target set at the beginning of the year, with a growth rate of over 6%. If conditions are favorable, exports for the whole year are expected to maintain double-digit growth.
