According to the General Statistics Office, in the first 11 months, the total preliminary import and export turnover of goods reached 715.55 billion USD, up 15.4% over the same period last year; of which export increased by 14.4% and import increased by 16.4%.
Processing seafood for export. (Photo: Vu Sinh/VNA)
The General Statistics Office announced on the morning of December 6 that in November 2024, the total preliminary import and export turnover of goods reached 66.4 billion USD, down 4.1% compared to the previous month and up 9% compared to the same period last year.
In the first 11 months of 2024, the total preliminary import and export turnover of goods reached 715.55 billion USD, up 15.4% over the same period last year; of which exports increased by 14.4% and imports increased by 16.4%.
The trade balance of goods had a trade surplus of 24.31 billion USD; of which the domestic economic sector had a trade deficit of 22.17 billion USD; the foreign-invested sector (including crude oil) had a trade surplus of 46.48 billion USD.
Specifically, the preliminary export turnover of goods in November 2024 reached 33.73 billion USD, down 5.3% compared to the previous month. The domestic economic sector reached 9.85 billion USD, down 4.3%; the foreign-invested sector (including crude oil) reached 23.88 billion USD, down 5.7%. Compared to the same period last year, the export turnover of goods in November increased by 8.2%; of which, the domestic economic sector increased by 13.4%, the foreign-invested sector (including crude oil) increased by 6.1%.
In general, in the first 11 months of 2024, the preliminary export turnover of goods reached 369.93 billion USD, up 14.4% over the same period last year; of which, the domestic economic sector reached 103.88 billion USD, up 20%, accounting for 28.1% of total export turnover; the foreign-invested sector (including crude oil) reached 266.05 billion USD, up 12.4%, accounting for 71.9%.
In the 11 months of 2024, there were 36 items with export turnover of over 1 billion USD, accounting for 94.1% of total export turnover (there were 7 items with export turnover of over 10 billion USD, accounting for 66.5%).
Regarding the structure of export goods in the first 11 months of 2024, the preliminary fuel and mineral group reached 3.89 billion USD, accounting for 1.1%; the preliminary processed industrial group reached 325.52 billion USD, accounting for 88.0%; the preliminary agricultural and forestry product group reached 31.35 billion USD, accounting for 8.4%; the preliminary aquatic product group reached 9.17 billion USD, accounting for 2.5%.
Regarding goods imports, the preliminary import turnover of goods in November 2024 reached 32.67 billion USD, down 2.8% compared to the previous month; of which, the domestic economic sector reached 12.38 billion USD, down 2.4%; the foreign-invested sector reached 20.29 billion USD, down 3.0%. Compared to the same period last year, the import turnover of goods in November increased by 9.8%, of which the domestic economic sector increased by 15.2%; the foreign-invested sector increased by 6.8%.
In general, in the first 11 months of 2024, the preliminary import turnover of goods reached 345.62 billion USD, up 16.4% over the same period last year; of which, the domestic economic sector reached 126.05 billion USD, up 18.5%; the foreign-invested sector reached 219.57 billion USD, up 15.2%.
In the 11 months of 2024, there were 44 imported items with a value of over 1 billion USD, accounting for 92.6% of total import turnover (there were 5 imported items with a value of over 10 billion USD, accounting for 51.4%).
Regarding the structure of imported goods in the eleven months of 2024, the group of preliminary production materials reached 323.72 billion USD, accounting for 93.7%, of which the group of machinery, equipment, tools and spare parts accounted for 47.5%; the group of raw materials, fuels and materials accounted for 46.2%. The group of preliminary consumer goods reached 21.9 billion USD, accounting for 6.3%.
Regarding the import and export market of goods in the first eleven months of 2024, the United States is Vietnam's largest export market with a turnover of 108.9 billion USD. China is Vietnam's largest import market with a turnover of 130.2 billion USD.
In the 11 months of 2024, the trade surplus with the US reached 95.4 billion USD, up 26.7% over the same period last year; the trade surplus with the EU was 32.0 billion USD, up 21.1%; the trade surplus with Japan was 2.6 billion USD, up 70.0%; the trade deficit with China was 75.0 billion USD, up 67.7%; the trade deficit with South Korea was 27.7 billion USD, up 5.2%; the trade deficit with ASEAN was 8.6 billion USD, up 13.3%.
To further increase the export turnover of Vietnamese goods, the General Statistics Office proposed that in the coming time, ministries and branches need to synchronously and effectively implement a number of groups of solutions such as: improving the quality of exported goods, paying special attention to tracing the origin of products, reducing the cost of exported goods, improving the competitiveness of prices and product quality in the world market, especially for Vietnam's key export products.
In addition, the Ministry of Industry and Trade continues to diversify forms of widespread propaganda about incentives in FTAs, promote exports, improve efficiency and ensure sustainability of Vietnamese goods exports to markets that have signed FTAs.
Along with that, continue to innovate trade promotion activities, focusing on promoting at the highest level the digital transformation program in trade promotion activities, connecting domestic and foreign supply and demand.../.
Source: https://www.vietnamplus.vn/viet-nam-xuat-sieu-2431-ty-usd-bay-mat-hang-xuat-khau-tren-10-ty-usd-post999376.vnp
Comment (0)