Export week 25-31/12: Coffee export reached over 3.6 billion USD; import-export in 2023 reached 683 billion USD

Vietnam's coffee exports earn more than 3.6 billion USD

According to preliminary statistics from the General Department of Customs, Vietnam's coffee exports in November reached 119,297 tons with a value of over 356 million USD, a sharp increase of 172% in volume and 126.4% in value compared to the previous month. In the first 11 months of the year, our country earned over 3.6 billion USD with over 1.4 million tons of exported coffee, down 10.4% in volume but up slightly 0.4% in value compared to the same period last year.

Vietnam's coffee exports earn more than 3.6 billion USD

The average export price reached 2,574 USD/ton, up 12% over the same period in 2022.

Among export markets, the three largest markets continue to be Germany, Italy and Japan with market shares of 10%, 8% and 7.7% respectively.

Specifically, our country exported 168,384 tons of coffee to Germany and earned more than 384 million USD, down 13% in volume and 7% in value. Italy spent more than 281 million USD to import 125,226 tons of coffee from Vietnam, down 3% in volume and up 2% in value. As for Japan, our country exported 94,287 tons of coffee to this country since the beginning of the year and earned more than 271 million USD, down 5% in volume but up 7% over the same period last year.

Import and export in 2023 reached 683 billion USD

According to the latest statistics of the General Statistics Office, import-export turnover in 2023 officially reached 683 billion USD.

Specifically, in December, the total import-export turnover of goods was estimated at 63.54 billion USD, up 4.7% over the previous month and up 12.7% over the same period last year. For the whole year of 2023, the total import-export turnover of goods is estimated at 683 billion USD, down 6.6% over the previous year, of which exports decreased by 4.4%; imports decreased by 8.9%. The trade balance of goods in 2023 is estimated to have a trade surplus of 28 billion USD.

Import and export in 2023 reached 683 billion USD

Accordingly, the export turnover of goods in December 2023 is estimated at 32.91 billion USD, up 5.7% over the previous month. For the whole year of 2023, the export turnover of goods is estimated at 355.5 billion USD, down 4.4% over the previous year. There are 35 items with export turnover of over 1 billion USD, accounting for 93.6% of the total export turnover (there are 07 items with export turnover of over 10 billion USD, accounting for 66%).

On the other hand, the import turnover of goods in December 2023 is estimated at 30.63 billion USD, up 3.6% over the previous month. In the fourth quarter of 2023, the import turnover is estimated at 90.2 billion USD, up 8% over the same period last year and up 6.3% over the third quarter of 2023.

In 2023, the total import turnover of goods is estimated at 327.5 billion USD, down 8.9% compared to the previous year. In 2023, there were 44 imported items with a value of over 1 billion USD, accounting for 92.4% of the total import turnover (there were 04 imported items with a value of over 10 billion USD, accounting for 46.8%).

In 11 months, Vietnam's crude oil exports earned 1.7 billion USD

According to statistics from the General Department of Customs, Vietnam's crude oil exports in November reached 311,483 tons with a value of more than 231 million USD, a sharp increase of 29.1% in volume and 22.4% in value compared to October.

In the first 11 months of the year, our country earned 1.7 billion USD from crude oil exports with more than 2.5 million tons, up 4.9% in volume but down 14% in value compared to the same period.

In the first 11 months of the year, Vietnam's crude oil exports earned 1.7 billion USD. (Source: PV Oil)

The average export price reached 685 USD/ton, down 19% compared to the same period in 2022. Among crude oil export markets, Thailand is the largest market, and recorded a surge in output in the first 11 months of the year.

Specifically, Vietnam exported 989,950 tons of crude oil to Thailand in the first 11 months of the year, earning more than 666 million USD, up 23% in volume but down 2.5% in value compared to the same period in 2022. The export price reached 673 USD/ton, down 21% compared to the same period in 2022.

Besides Thailand, our country also exports crude oil to countries such as Australia, Japan, Singapore, and Indonesia.

In the first 11 months of 2023, durian exports reached more than 2.1 billion USD, an increase of 480.3%

According to the General Department of Customs, in November 2023, Vietnam's durian exports reached 90.908 million USD, down 73.9% compared to October 2023, up 16.3% compared to November 2022. In total, in the first 11 months of 2023, durian exports reached more than 2.1 billion USD, up 480.3% over the same period last year.

In the first 11 months of 2023, durian exports reached more than 2.1 billion USD.

Regarding the market, fresh durian exports to the Chinese market in November 2023 reached 82.14 million USD, down 74.8% compared to October 2023, up 37.2% compared to November 2022. In general, in the first 11 months of 2023, durian exports to this market reached more than 1,971 billion VND, up 1,515.1% over the same period last year.

Along with the Chinese market, in the first 11 months of 2023, fresh durian exports to the Czech market increased by 28,195.4%; durian exports to the Papua New Guinea market increased by 837.6%; durian exports to the US market increased by 282.8%; durian exports to the Canadian market increased by 222%; and durian exports to the French market increased by 32%.

However, some markets also recorded a decrease in export growth compared to the same period last year, including Hong Kong (China), Taiwan (China), and Japan.

Rice exports are about to reach 8 million tons

According to the latest preliminary statistics of the General Department of Customs, in the first half of December (December 1-15), the country exported 292,192 tons of rice, with a turnover of 200 million USD.

Accumulated from the beginning of the year to December 15, the whole country exported more than 7.93 million tons of rice, with a turnover of nearly 4.54 billion USD, up 15.4% in volume and nearly 36% in turnover over the same period in 2022.

Rice exports are about to reach 8 million tons

Regarding export markets (updated by the General Department of Customs at the end of November), ASEAN and China are the two largest markets. Of which, exports to ASEAN reached 4.58 million tons, up 25.6% over the same period last year; China reached 896 thousand tons, up 10.9%.

In total, the amount of rice exported to the two markets reached 5.48 million tons, accounting for 72% of the country's rice export volume during the same period.

In ASEAN, the Philippines and Indonesia are the two largest rice export markets of Vietnam.

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