(MPI) - In January, the total export and import turnover of goods reached 63.15 billion USD, down 10.5% compared to the previous month and down 3.5% compared to the same period last year. Of which, exports decreased by 4.3%; imports decreased by 2.6%. The trade balance of goods had a surplus of 3.03 billion USD.
According to data released by the General Statistics Office, Ministry of Planning and Investment on February 6, 20025, the export turnover of goods in January 2025 reached 33.09 billion USD, down 6.9% compared to the previous month.
Of which, the domestic economic sector reached 9.49 billion USD, down 11.2%; the foreign-invested sector (including crude oil) reached 23.6 billion USD, down 5.0%. Compared to the same period last year, the export turnover of goods in January decreased by 4.3%, of which the domestic economic sector decreased by 0.9%, accounting for 28.7% of total export turnover; the foreign-invested sector (including crude oil) decreased by 5.5%, accounting for 71.3%.
In January 2025, there were 7 items with export turnover of over 1 billion USD, accounting for 67.9% of total export turnover.
Regarding the structure of export goods in January 2025, the preliminary group of fuel and mineral goods reached 0.22 billion USD, accounting for 0.7%; the group of processed industrial goods reached 29.43 billion USD, accounting for 89.0%; the group of agricultural and forestry products reached 2.65 billion USD, accounting for 8.0%; the group of aquatic products reached 0.77 billion USD, accounting for 2.3%.
In contrast, the import turnover of goods in January 2025 reached 30.06 billion USD, down 14.1% compared to the previous month. Of which, the domestic economic sector reached 10.89 billion USD, down 22.2%; the foreign-invested sector reached 19.17 billion USD, down 8.7%.
Compared to the same period last year, import turnover of goods in January decreased by 2.6%, of which the domestic economic sector decreased by 3.3%; the foreign-invested sector decreased by 2.2%.
In January 2025, there were 3 imported items with a value of over 1 billion USD, accounting for 49.3% of total import turnover.
Regarding the structure of imported goods in January 2025, the preliminary import value of production materials reached 28.26 billion USD, accounting for 94.0%, of which machinery, equipment, tools and spare parts accounted for 52.0%; raw materials and fuels accounted for 42.0%. The consumer goods group reached 1.8 billion USD, accounting for 6.0%.
Regarding the import and export market of goods in January 2025, the United States was Vietnam's largest export market with a turnover of 9.8 billion USD. China was Vietnam's largest import market with a turnover of 11.6 billion USD. In January 2025, the trade surplus with the United States reached 8.5 billion USD, down 3.5% over the same period last year; the trade surplus with the EU was 2.7 billion USD, down 17.9%; the trade surplus with Japan was 0.3 billion USD, up 16.4%; the trade deficit with China was 5.8 billion USD, down 19.6%; the trade deficit with South Korea was 1.9 billion USD, up 2.8%; the trade deficit with ASEAN was 1.2 billion USD, up 241.3%.
According to preliminary data, the trade balance of goods in December 2024 had a trade surplus of 0.52 billion USD; the whole year of 2024 had a trade surplus of 24.77 billion USD.
In January 2025, the trade balance of goods had a trade surplus of 3.03 billion USD (in the same period last year, there was a trade surplus of 3.7 billion USD). Of which, the domestic economic sector had a trade deficit of 1.4 billion USD; the foreign-invested sector (including crude oil) had a trade surplus of 4.43 billion USD.
According to data, in January 2025, the trade balance of goods had a trade surplus of 3.03 billion USD (in the same period last year, there was a trade surplus of 3.7 billion USD). Of which, the domestic economic sector had a trade deficit of 1.4 billion USD; the foreign-invested sector (including crude oil) had a trade surplus of 4.43 billion USD./.
Some export items in January 2025 reached a value of over 1 billion USD: Electronics, computers and components; Phones of all kinds and components; Machinery, equipment, tools, other spare parts; Textiles and garments; Footwear; Wood and wood products; Means of transport and spare parts. Some imported items in January 2025 reached a value of over 5 billion USD: Electronics, computers and components; Machinery, equipment, tools, other spare parts; Fabric. |
Source: https://www.mpi.gov.vn/portal/Pages/2025-2-7/Tong-kim-ngach-xuat-nhap-khau-thang-dau-nam-2025-d2518dm.aspx
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