Exports of computers and machines increase nearly $13 billion

Sketched by T.Bình

According to the General Department of Vietnam Customs, as of October 15, total export turnover of Vietnam reached $215.25 billion, up 4.6%, equivalent to an increase of $9.47 billion from the same period in 2019.

In particular, the number of export commodity groups of "tens of billion USD" still stands at five compared to the same period in 2019 that was: phones and accessories; computers, electronic products and components; textile; machinery, equipment, tools and spare parts; and footwear.

However, while three groups of phones and accessories; textile; footwear declined, the other two groups had impressive growth, helping to offset the shortage of many other key commodity groups to maintain the positive growth of exports.

As of October 15, the total turnover of computers, electronic products and components reached $34.2 billion, up $7 billion over the same period in 2019.

Regarding the export market, computers, electronic products and components exported to China reached $8.35 billion, up 26.9% from the same period last year; export to the US market reached $7.36 billion, increasing strongly by 83.2%; exports to the EU reached $4.57 billion, up 22.1%; export to Hong Kong (China) market reached $2.68 billion, up 25.6%.

Meanwhile, machinery, equipment, tools and spare parts reached $19.568 billion, also up by $5.76 billion.

The main markets for exporting machinery, equipment, tools and spare parts including: the US with $7.59 billion, a sharp increase of 121%; EU value reached $2.25 billion, up 29.1%; South Korea with $1.5 billion, up 29.2%; Japan with $1.45 billion, up 2.2%; and China with $1.32 billion, up 19.7%.

Thus, only two main commodity groups as mentioned above recorded an additional increase in turnover of nearly $13 billion.

Notably, machinery, equipment, tools and spare parts increased sharply while footwear decreased, so the turnover of these two groups was interchanged compared to last year when machinery, equipment, tools and spare parts was at No. 4 (behind phones; computers; textiles) and pushed footwears down to No. 5.