The first 7 months of 2019: The whole country has 4 export products of over 10 billion USD
According to information from the General Statistics Office, the total import and export turnover of goods in the first seven months of 2019 was estimated at 288.47 billion USD with export turnover reaching 145.13 billion USD, up 7.5% over the same period last year. last year. Notably, the growth rate of export turnover in 7 months of the domestic economic sector reached 12.2%, higher than the growth rate of the FDI sector (5.6%) and the proportion of The domestic economic sector tends to increase, accounting for 30.3% of total export turnover (29 percent in the same period last year). The balance of trade in goods in 7 months is estimated to have a trade surplus of 1.8 billion USD.
Regarding goods exports, the export turnover of goods in July 2019 was estimated at 22.60 billion USD, up 5.5% over the previous month. Compared to the same period last year, the export turnover of goods in July increased by 9.3%, of which the domestic economic sector increased by 16.4%, the foreign investment sector (including crude oil) increased. 6.4%.
Generally, in the first seven months of 2019, export turnover of goods was estimated at 145.13 billion USD, up 7.5% over the same period in 2018, of which the domestic economic sector gained 44 billion USD, up 12. 2%, accounting for 30.3% of total export turnover; the foreign-invested sector (including crude oil) reached 101.13 billion USD, up 5.6%, accounting for 69.7% (the proportion decreased by 1.3 percentage points compared to the same period last year).
In the first 7 months of 2019, the whole country had 24 items with export value of over 1 billion USD, accounting for 88.1% of total export turnover (4 items with value over 10 billion USD, accounting for 51.6%). in which phones and components have the largest export value of 27.3 billion USD, accounting for 18.8% of total export turnover, up 3.1% over the same period last year; electronics, computers and components reached 18.6 billion USD, up 14.9%; textiles and garments reached USD 18.3 billion, up 10.5%; footwear reached 10.4 billion USD, up 13.8%; machinery, equipment, tools and spare parts reached 9.7 billion USD, up 7.2%; wood and wood products reached USD 5.7 billion, up 16.4%; means of transport and spare parts reached 4.9 billion USD, up 5.9%; seafood reached 4.6 billion USD, down 1.9%.
In contrast, a number of agricultural products in the first 7 months of this year decreased compared to the same period last year: Vegetables and fruits reached 2.3 billion USD, down 0.3%; coffee reached 1.8 billion USD, down 18.7% (volume decreased by 7.6%); cashew nuts reached nearly 1.8 billion USD, down 11% (the volume increased by 13.8%); rice reached 1.7 billion USD, down 14% (volume increased by 0.8%). Rubber alone reached 1.1 billion USD, up 4.4% (volume increased by 8.2%) and pepper reached 528 million USD, up 1.9% (volume increased by 35.1%).
In the first 7 months of 2019, the US is Vietnam’s largest export market with a turnover of 32.5 billion USD, up 25.4% over the same period last year; followed by the EU market reached 24.3 billion USD, up 0.4%; China reached 20 billion USD, up 0.1%; ASEAN market reached 15.2 billion USD, up 5.5%; Korea reached 10.7 billion USD, up 4.4%.
Regarding goods imports, the import turnover of goods in July was estimated at 22.4 billion USD, up 14.9% over the previous month. Compared to the same period in 2018, import turnover in July increased by 5%, of which the domestic economic sector increased by 14.8%; the foreign-invested sector decreased by 1%.
Generally, for the first seven months of 2019, import turnover was estimated at US$143.34 billion, up 8.3% over the same period in 2018, of which the domestic economic sector gained US$60.83 billion, up 12.6%; the foreign-invested sector reached US$82.51 billion, up 5.3%.
In 7 months, there were 28 imported products with a value of over 1 billion USD, accounting for 85.8% of the total import turnover (2 items with a value of over 20 billion USD, accounting for 34.2%), of which a number of items increased over the same period last year, such as electronics, computers and components, reaching 28.2 billion USD (accounting for 19.7% of total import turnover), up 19%; machinery, equipment, tools and spare parts reached USD 20.8 billion, up 12.7%; fabric reached 7.8 billion USD, up 4.6%; plastics reached 5.2 billion USD, up 1.5%; automobiles reached 4.3 billion USD, up 69%. Besides, a number of items with a decrease in value compared to the same period in 2018 such as phones and components reached $ 7.1 billion, down 4.4%; iron and steel reached 5.7 billion USD, down 2.4%; common metals reached $3.7 billion, down 20%.
In the first 7 months of 2019, China is still Vietnam’s largest import market with a turnover of 42 billion USD, up 16.9% over the same period last year; followed by the Korean market with 26.6 billion USD, down 0.8%; ASEAN market reached 18.8 billion USD, up 5.2%; Japan reached 10.5 billion USD, down 0.4%; EU market reached 8.29 billion USD, up 8.6%; The United States reached 8.27 billion USD, up 8.6%.
In the first 7 months of 2019, it is estimated that the country had a trade surplus of 1.8 billion USD (the same period last year, a trade surplus of 2.6 billion USD), of which the domestic economic sector had a trade deficit of 16.8 billion USD; the foreign-invested sector (including crude oil) had a trade surplus of 18.6 billion USD.
According to http://cafef.vn
