In the first 3 months of the year, the whole country had a trade surplus of 8.08 billion USD.

According to the General Statistics Office, in March 2024, the total import-export turnover of goods nationwide is estimated at 65.09 billion USD, up 35.6% over the previous month and up 12% over the same period last year.

In the first quarter of 2024, the total import-export turnover of goods reached 178.04 billion USD, up 15.5% over the same period last year, of which exports increased by 17%; imports increased by 13.9%. The trade balance of goods had a surplus of 8.08 billion USD.

In the first 3 months of the year, the whole country had a trade surplus of 8.08 billion USD.

Specifically, in terms of exports, the export turnover of goods in March 2024 is estimated at 34.01 billion USD, up 37.8% over the previous month. Of which, the domestic economic sector reached 9.54 billion USD, up 51.7%; the foreign-invested sector (including crude oil) reached 24.47 billion USD, up 33%. Compared to the same period last year, the export turnover of goods in March increased by 14.2%, of which the domestic economic sector increased by 21.2%, the foreign-invested sector (including crude oil) increased by 11.7%.

In the first quarter of 2024, the total export turnover of goods is estimated at 93.06 billion USD, up 17% over the same period last year. Of which, the domestic economic sector reached 25.21 billion USD, up 26.2%, accounting for 27.1% of the total export turnover; the foreign-invested sector (including crude oil) reached 67.85 billion USD, up 13.9%, accounting for 72.9%.

In the first quarter of 2024, there were 16 items with export turnover of over 1 billion USD, accounting for 82.1% of total export turnover (there were 04 items with export turnover of over 5 billion USD, accounting for 52.7%).

Regarding the structure of export goods in the first quarter of 2024, the fuel and mineral group is estimated to reach 1.18 billion USD, accounting for 1.3%; the processed industrial group is estimated to reach 82.02 billion USD, accounting for 88.1%; the agricultural and forestry products group is estimated to reach 8 billion USD, accounting for 8.6%; the aquatic products group is estimated to reach 1.86 billion USD, accounting for 2%.

Regarding imports, the import turnover of goods in March 2024 is estimated at 31.08 billion USD, up 33.4% over the previous month. Of which, the domestic economic sector reached 10.83 billion USD, up 36.8%; the foreign-invested sector reached 20.25 billion USD, up 31.6%. Compared to the same period last year, the import turnover of goods in March 2024 increased by 9.7%, of which the domestic economic sector increased by 2.9%; the foreign-invested sector increased by 13.7%.

In the first quarter of 2024, the total import turnover of goods is estimated at 84.98 billion USD, up 13.9% over the same period last year, of which the domestic economic sector reached 29.7 billion USD, up 14.4%; the foreign-invested sector reached 55.28 billion USD, up 13.6%.

In the first quarter of 2024, there were 17 imported items with a value of over 1 billion USD, accounting for 76.1% of total import turnover (there were 02 imported items with a value of over 5 billion USD, accounting for 40.3%).

Regarding the import and export market of goods in the first quarter of 2024, the United States is Vietnam's largest export market with an estimated turnover of 26.2 billion USD. China is Vietnam's largest import market with an estimated turnover of 29.4 billion USD. In the first quarter of 2024, the trade surplus with the United States is estimated at 22.7 billion USD, up 27.9% over the same period last year; the trade surplus with the EU is estimated at 8.2 billion USD, up 15.8%; the trade surplus with Japan is 50 million USD, down 27.7%; the trade deficit with China is 16.7 billion USD, up 44.4%; the trade deficit with South Korea is 6.2 billion USD, down 3.5%; the trade deficit with ASEAN is 2.2 billion USD, up 10.9%.

In the first quarter of 2024, the trade balance of goods is estimated to have a trade surplus of 8.08 billion USD (the same period last year had a trade surplus of 4.93 billion USD). Of which, the domestic economic sector had a trade deficit of 4.49 billion USD; the foreign-invested sector (including crude oil) had a trade surplus of 12.57 billion USD.

Source: https://congthuong.vn/3-thang-dau-nam-ca-nuoc-xuat-sieu-808-ty-usd-311593.html