In the first 15 days of the year, there are 3 exported groups of “billion USD”

VCN – This result has a sign of significant growth compared to the same period in 2017 as there is an increase of 2 more commodities groups. 
tin nhap 20180124102356
The chart shows the comparision of export turnover between 3 commodity groups of "billion USD" and in the first 15 days of 2017 and 2018. Sketched by T.Bình

According to the latest statistics of the General Department of Vietnam Customs, up to 15/1/2018, the total export turnover of the country reached $US 9.257 billion, increasing by 26.6% over the same period of 2017.

Notably, in the first 15 days of 2018, the country has three commodities groups with export turnover of $US 1 billion or over, increasing by 2 groups over the same period in 2017.

The two new groups that have reached the "billion dollars" are: textile reached nearly $US 1.108 billion, increased by $US 128 million over the same period in 2017; computers, electronic products and components with a value of $US 1.071 billion, increased by $US 236 million.

The last "billion dollar" group is phones and components that are still in leading position with a turnover of $US 2.11 billion, increasing by $US 783 million over the first 15 days of 2017.

Besides that, other key export items of Vietnam such as shoes, sandals; wooden products; seafood; machinery, equipment, etc… all have a positive growth rate compared to the same period in 2017.

Thus, the export results in the first 15 days of 2018 are flourishing compared to last year. In particular, the growth rate in recent days is an overwhelming signal at nearly 26.6%, while the export growth of 2017 is only 21.2%.

The export growth rate of the first days of the year is also much higher than the target approved by the National Assembly for 2018 (the target approved by the National Assembly is an export growth of 7% to 8%).

By Thái Bình/Thanh Thuy

Related News

Increase competitiveness when export turnover comes from domestic enterprises

Increase competitiveness when export turnover comes from domestic enterprises

VCN - According to the Vietnam Chamber of Trade and Industry (VCCI), export-oriented industrialized countries, especially when export turnover comes from domestic private enterprises, are likely to more competitive and sustainable.
Many export items of the “USD billion " group dropped sharply

Many export items of the “USD billion " group dropped sharply

VCN - According to the Ministry of Industry and Trade, Vietnam's trade balance in February 2023 continued to have a surplus of USD 2.3 billion, bringing the total trade deficit in the first two months of the year to USD 2.82 billion (the same period last year, the trade deficit was more than USD300 million). However, in the first 2 months of 2023, export turnover of most commodity groups decreased, except for mineral fuels.
Exports face difficulties, businesses strengthen the domestic market

Exports face difficulties, businesses strengthen the domestic market

VCN - In the context that exports are expected to continue to face many difficulties in 2023, many enterprises said they would focus on strengthening the domestic market.
Decrease in exports affects the profits of seafood enterprises

Decrease in exports affects the profits of seafood enterprises

VCN - Many factors that have caused the seafood export turnover of enterprises to decrease since the end of 2022 have affected the profits of enterprises.

Latest News

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.

More News

Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Although holding the number one position in the world in exporting cashew kernels for many years, the position of Vietnam's cashew industry in the world cashew value chain is very small because it mainly exports kernels with preliminary treatment.
HCM City’s industrial production index down 0.9% in Q1

HCM City’s industrial production index down 0.9% in Q1

Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.
Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries export value was estimated at 1.85 billion USD in the first quarter (Q1) of this year, a fall of 27% compared to the same period last year due to lower consumption and import demand under the impacts of inflation and economic recession, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Quang Ninh aims to attract quality FDI inflows

Quang Ninh aims to attract quality FDI inflows

The northern coastal province of Quang Ninh has strengthened measures to attract quality foreign direct investment (FDI) inflows, especially from big names in the processing-manufacturing industry.
Exports face many difficulties

Exports face many difficulties

VCN - In the first months of 2023, the absence of export orders plus the downward trend in commodity prices have slowed down trade activities.
Manufacturing enterprises increase their competitiveness thanks to digital transformation

Manufacturing enterprises increase their competitiveness thanks to digital transformation

VCN - Overcoming difficulties in 2023 requires manufacturing enterprises to self-improve and innovate. Digital technology is one of the effective solutions to help manufacturing businesses grow and compete.
32nd Việt Nam Expo promises to boost business linkages

32nd Việt Nam Expo promises to boost business linkages

The 32nd Việt Nam International Exhibition (Vietnam Expo) will take place in Hà Nội from April 5-8 with the participation of more than 500 domestic and foreign enterprieses, the event’s organisers have announced.
Prevention of price risks before news that Indonesia increases rice imports in reserve

Prevention of price risks before news that Indonesia increases rice imports in reserve

VCN - In response to demand signals from key markets such as Indonesia and the Philippines, the Import-Export Department (Ministry of Industry and Trade) suggested that rice exporters actively monitor the market situation and fully assess the opportunities as well as risks to build a trading plan.
Japanese investors highly appreciate Vietnamese property market

Japanese investors highly appreciate Vietnamese property market

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.
Read More

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.

Latest Most read
Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.
Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Looking back to 2022, while the export turnover of the cashew industry reached US $ 3.08 billion, the import turnover of raw cashews consumed US $ 2.678 billion.
Mobile Version