In the first 7 months of 2024, the total import-export value of domestic enterprises reached 141.86 billion USD, an increase of 20.8%, equivalent to an increase of 24.47 billion USD compared to the first 7 months of 2023.
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| Exports of goods to key markets in the first 7 months of 2024 all grew impressively. |
Imports and exports of domestic enterprises have been on the rise since the beginning of 2024, with turnover increasing by nearly 24.5 billion USD compared to the same period last year. Detailed statistics have just been announced by the General Department of Customs.
Specifically, in the first 7 months of 2024, the total import-export value of domestic enterprises reached 141.86 billion USD, an increase of 20.8%, equivalent to an increase of 24.47 billion USD compared to the first 7 months of 2023. Of which, exports reached 64.27 billion USD, an increase of 20.9%, equivalent to an increase of 11.1 billion USD, and imports reached 77.58 billion USD, an increase of 20.8%, equivalent to an increase of 13.37 billion USD.
Import and export of FDI enterprises in the first 7 months of 2024 reached 298.6 billion USD, up 15.6%, equivalent to an increase of 40.19 billion USD, of which export reached 163.21 billion USD, up 14.2%, import reached 135.38 billion USD, up 17.3%.
Recovery in consumer demand in major markets has boosted exports.
The total export value of goods in July 2024 reached 36.24 billion USD, up 7.7% over the previous month. Strong increases in commodity groups such as: phones of all kinds and components increased by 703 million USD; textiles and garments increased by 557 million USD; machinery, equipment, tools, and other spare parts increased by 516 million USD; means of transport and spare parts increased by 231 million USD; wood and wood products increased by 134 million USD; rice increased by 128 million USD.
Accumulated in 7 months/2024, export value reached 227.49 billion USD, up 16%, equivalent to an increase of 31.34 billion USD over the same period last year; import in 7 months/2024 was 212.96 billion USD, up 18.5%, equivalent to an increase of 33.32 billion USD over the same period last year.
Trade balance surplus of 14.53 billion USD, lower than 1.97 billion USD compared to the surplus of 16.5 billion USD in the same period last year .
Vietnam's major consumer markets all increased their orders, resulting in double-digit growth in exports.
The strongest increase was in exports to the US, reaching 66.40 billion USD, up 25%, equivalent to an increase of 13.29 billion USD over the same period last year , accounting for 29% of the total export value of the country.
Exports to the EU (27 countries) reached 29.52 billion USD, up 16.8%, equivalent to an increase of 4.25 billion USD, to China reached 32.39 billion USD, up 5.8%, equivalent to an increase of 1.77 billion USD, to ASEAN reached 21.02 billion USD, an increase of 2.42 billion USD, to Korea reached 14.47 billion USD, an increase of 1.29 billion USD compared to the same period last year.
Some markets with impressive growth include Hong Kong and the United Arab Emirates. Specifically, exports to Hong Kong reached 6.98 billion USD, up 40.6%, equivalent to an increase of 2.01 billion USD, and to the United Arab Emirates reached 3.37 billion USD, up 51.2%, equivalent to an increase of 1.14 billion USD.
Although the global economy still faces unpredictable risks, inflation is still a problem for many countries, excess capacity in China is increasing competitive pressure on Vietnamese suppliers, based on export results from the beginning of the year until now, the Ministry of Industry and Trade believes that achieving the export growth target of 6% for the whole year of 2024 is completely possible.
Source: https://baodautu.vn/xuat-nhap-khau-cua-doanh-nghiep-trong-nuoc-tang-2447-ty-usd-d222835.html
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