Exports to EU, ASEAN, RoK, Japan yet to bounce back
The export of Vietnamese commodities from to the EU, ASEAN, the RoK, and Japan throughout the reviewed period were hit by declines of 3%, 11.6%, 2.6%, and 7% to US$28.9 billion, US$18.9 billion, US$16.3 billion, and US$15.6 billion, respectively.
The United States remained the country’s largest export market during the 10-month period, with export turnover soaring by 24% to reach US$62.3 billion, while exports to the Chinese market also increased by 14% to US$37.6 billion.
Meanwhile, Vietnam enjoyed a trade surplus of over US$18.72 billion as its 10-month export turnover rose by 2.5% to US$439.32 billion.
Phones and components achieved the highest export value of US$42 billion, making up 18.3% of the country’s total export turnover. They were followed by electronics, computers and components with US$36.2 billion, textiles and garments with US$24.8 billion, machinery, equipment, and spare parts with US$21 billion, and footwear with US$13.4 billion.
Throughout the ten-month period, heavy industrial and mineral groups are estimated to have grossed US$123.8 billion in exports, representing an annual increase of 8.4%, followed by the light industry and handicraft products with US$81.8 billion, agricultural and forestry products with US$16.8 billion, and aquatic products with US$6.9 billion.
Related News
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Dong Nai Customs: understand the business situation to develop effective support solutions
13:27 | 04/04/2023 Customs
State-owned enterprises expand production and export
14:41 | 28/03/2023 Import-Export
Latest News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
More News
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Need to effectively use tools to prevent exchange rate risks in import and export field
10:32 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export