DNVN - According to the General Statistics Office, in the first 7 months of 2024, the trade balance of goods is estimated to have a trade surplus of 14.08 billion USD. While in the same period last year, the trade surplus was 16.5 billion USD.
According to the General Statistics Office (Ministry of Planning and Investment), the export turnover of goods in July 2024 is estimated at 35.92 billion USD, up 6.7% over the previous month. Of which, the domestic economic sector reached 9.87 billion USD, up 9.8%; the foreign-invested sector (including crude oil) reached 26.05 billion USD, up 5.6%.
Notably, compared to the same period last year, the estimated export turnover of goods in July increased by 19.1% (domestic economic sector increased by 25.9%, foreign-invested sector (including crude oil) increased by 16.7%).
In the first 7 months of 2024, the total export turnover of goods is estimated at 226.98 billion USD, up 15.7% over the same period last year. Of which, the domestic economic sector reached 63.08 billion USD, up 21.1%, accounting for 27.8% of the total export turnover; the foreign-invested sector (including crude oil) reached 163.9 billion USD, up 13.8%, accounting for 72.2%.
In the first 7 months of 2024, the total export turnover of goods is estimated at 226.98 billion USD.
The General Statistics Office also said that in the first 7 months of the year, there were 30 items with export turnover of over 1 billion USD, accounting for 91.9% of total export turnover. There were 9 items with export turnover of over 5 billion USD, accounting for 70.8%.
In the first 7 months of 2024, the estimated import turnover of goods reached 212.9 billion USD, up 18.5% over the same period last year. The domestic economic sector reached 78 billion USD, up 21.5%; the foreign-invested sector reached 134.9 billion USD, up 16.9%.
Also in the 7 months, there were 35 imported items with a value of over 1 billion USD, accounting for 89.4% of total import turnover. There were 10 imported items with a value of over 5 billion USD, accounting for 62.5%. In terms of the structure of imported goods, there was a positive recovery of the production sector when the group of production materials was estimated at 199.88 billion USD, accounting for 93.9%.
The US is Vietnam’s largest export market with an estimated turnover of 66.1 billion USD. Regarding this market, experts assess that retail businesses in the US are ending the inventory clearance period and returning to placing orders. China is Vietnam’s largest import market with an estimated turnover of 79.2 billion USD.
Specifically, in the past 7 months, the trade surplus with the US is estimated at 57.5 billion USD, up 27.6% over the same period last year. The trade surplus with the EU is estimated at 20.1 billion USD, up 19.4%; the trade surplus with Japan is 1.1 billion USD, down 14%.
Trade deficit with China was 45.8 billion USD, up 65.4%; trade deficit with South Korea was 17.7 billion USD, up 15.7%; trade deficit with ASEAN was 5.5 billion USD, up 21%.
In particular, the preliminary trade balance of goods in July is estimated to have a trade surplus of 2.12 billion USD. In the first 7 months of 2024, the trade balance of goods is estimated to have a trade surplus of 14.08 billion USD, while in the same period last year, the trade surplus was 16.5 billion USD.
Of which, the domestic economic sector had a trade deficit of 14.92 billion USD. The foreign-invested sector (including crude oil) had a trade surplus of 29 billion USD.
Ha Anh
Source: https://doanhnghiepvn.vn/kinh-te/7-thang-dau-nam-viet-nam-xuat-sieu-hon-14-ty-usd/20240730084548302
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