Main export categories in five months 2018

VCN- There are 39/45 commodity groups with positive growth in Vietnam's merchandise exports in the first five months of 2018. In particular, the value of some export commodities with a high growth rate of over 50% over the same period of 2017 has contributed to reach impressive export turnover including: plastic materials increased 93, 9%; clinker & cement up 69%; iron and steel increased 57.8%; Paper & paper products increased by 55.3%.
main export categories in five months 2018
Export value of 10 largest commodity groups in 5 months of 2018 compared with 5 months of 2017.

Telephone and accessories: Exports of this group reached $ 3.23 billion in May, down 7.4% over the previous month. Up to May 5, 2018, the export value of these products reached $ 19.3 billion, up 18.7% over the same period last year. In the first 5 months of this year, Vietnam exported mainly to: EU (28 countries), USD 5.64 billion, up 17.3%; United States, US $ 1.97 billion, up 7.2%; Korea, 1.89 billion USD, up 33.7%; United Arab Emirates, US $ 1.87 billion, up 17.3% ...

Computers, electronic products and components: Exports of computers, electronic products & components in May reached $ 2.46 billion, up 14.6% over the previous month, bringing exports turnover in the first five months of this year to reach USD 10.95 billion, up 15% over the same period last year.

In the first five months of 2018, exports to the Chinese market topped $ 3.07 billion, up 32.6 percent; exports to the EU (28 countries) reached $ 2.03 billion, up 14.4%; to Korea reached $ 1.12 billion, up 52.5% over the same period last year ...

Textile and garment: The export of textiles and garments in May reached USD 2.35 billion, up 11.2% over the previous month, bringing the export value of this commodity group in five months from the beginning of 2018 to USD 10.91 billion, up 15.8%, respectively increased $ 1.49 billion over the same period last year.

In the first five months of 2018, the United States is still the largest importer of textiles and apparel from Vietnam, valued at $ 5.15 billion, up 12.7 percent from the same period a year earlier, accounted 47% of total garment export turnover of the country; followed by the EU market worth $ 1.46 billion, up 12.7%, accounting for 13.4%; Japan's market value reached 1.39 billion, up 22.7% over a year earlier and accounted for 12.8%; Korean market reached $ 1.09 billion, up 22.3%, accounting for 9.9% ...

Machinery, equipment, tools and other accessories: Export value of this group in May 2018 reached USD 1.46 billion, up 7% over the previous month, bringing the export value of this group in 5 months from the beginning of 2018 to reach 6.53 billion, up 31.8% over the same period last year.

The import market of machinery, equipment, tools and other accessories in the first five months of 2018 mainly consists of the United States with $ 1.1 billion, up 7.3%; the EU (28 countries) reached $ 916 million, up 43.5%; India with nearly $ 938 million, up 6.3 times; Japan with $ 726 million, up 6.2% over the same period in 2017 ...

Many types of footwear: Export of footwear in May 2018 reached 1.54 billion, up 22.1% over the previous month, bringing the value of footwear export of the country in 5 months from the beginning of 2018 to reach $ US $ 6.24 billion, up 10.4% over the same period last year.

Exports of this commodity group to the US market reached $ 2.31 billion, up 16%; to the EU (28 countries) reached $ 1.82 billion, up 1.2%; to China market reached $ 533 million, up 27.9% over the same period last year.

Means of transport and accessories: Export value of this group reached US $ 711 million, up 13.4% over the previous month, bringing the export value of this group in the first five months to US $ 3.42 billion, up 23.1% over the same period last year.

The imports markets of transportation and accessories from Vietnam in the first 5 months include: Japan with a value of USD 960 million, up 15.2%; the United States reached 498 million, up 24.3%; Singapore $ 243 million, up 3.5 times over the same period last year.

Wood and wood products: Export value of this group in May was US $ 728 million, up 5% over the previous month, bringing the export value of this product in the first five months of 2018 to 3.37 billion, up 11.3% over the same period last year.

In the first five months of 2018, wood and wood products were mainly exported to the US market with turnover of USD 1.36 billion, up 11.5% over the same period last year; to China with $ 461 million, up 2.7%; to Japan with $ 439 million, up 3%...

Aquatic products: export value of aquatic products this month was USD 766 million, up 11.9% over the previous month, bringing the export value of this commodity group in the first five months of this year to reach USD 3.21 billion, up 13.3 % compared to the same period last year.

Fishery products in the first five months of 2018 were mainly exported to: the EU (28 countries) with USD 569 million, up 24.7%; Japan, USD 497 million, up 5.5%; United States, $ 491 million increased by 2.3%; China, 396 million, up 18.2% ... compared with a year earlier.

Iron and steel: total export of iron and steel in May reached 462 thousand tons, valued at USD 354 million, decreased 4.1% in volume and decreased by 4.1% in value. Accordingly, the export volume of this commodity group in the first five months of 2018 reached 2.36 million tons, worth $ 1.76 billion, up 41.9% in volume and up 57.8% in value.

Iron and steel in the first five months of this year were mainly exported through the Cambodian market with 491 thousand tons, up 48.4%; United States, 368 thousand tons, up 104%; Indonesia, 301 thousand tons, up by 25.4%; Malaysia, 292 thousand tons, up 99%; EU, 286 thousand tons, up 146% over the same period last year.

Coffee: Coffee export volume in May reached nearly 150 thousand tons, valued at $ 294 million, down 3.8% in volume and down 1.2% in value. Accordingly, the export volume of this commodity in the five months of 2018 reached 878 thousand tons with a value that reached nearly 1.7 billion USD, up 8.4% in volume, but down 6.8% in value over the same period 2017.

Coffee export in the first five months of this year mainly went to EU (28 countries) with over 343 thousand tons worth USD 643 million, up 3.5% in volume but down 12.2% in value; to the United States with nearly 90 thousand tons, valued at more than $174 million, down 14% in volume and 26.6% in value over the same period last year; to Indonesia with over 52 thousand tons and valued at nearly $ 102 million.

By Ha Nhi/QuynhLan

Related News

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.
Exploiting potential markets to increase coffee export space

Exploiting potential markets to increase coffee export space

VCN - Vietnam's coffee industry has gradually affirmed its position when exports for the first time exceeded the USD 4 billion mark in the past year. The results of the first two months of 2023 show that coffee exports have many positives, especially in some markets.
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.
Import and export turnover in major markets plunges

Import and export turnover in major markets plunges

VCN – Over the first two months of the year, the total trade in goods saw a year-on-year decline. This is abnormal compared with the high growth in recent years.

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.
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.

More News

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.
Seafood enterprises propose to remove obstacles from exporting to the EU

Seafood enterprises propose to remove obstacles from exporting to the EU

VCN - Seafood enterprises are facing inadequacies in applying for material certification (S/C) and food safety certificates (H/C), which affects the production and export of seafood to the EU.
Need to effectively use tools to prevent exchange rate risks in import and export field

Need to effectively use tools to prevent exchange rate risks in import and export field

VCN - The exchange rate pressure in 2023 is expected to be weaker than last year, especially in the context of tightening monetary policies reaching the final phase. However, fluctuations in the economy and financial markets are still very unpredictable, and exchange rate developments may affect import and export activities.
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