Today: 09/12/2021 11:36:35 (GMT+7)

Vietnam's import-export turnover up 24% in nine months

Vietnam’s trade turnover in the first nine months of this year reached US$483.17 billion, a year-on-year increase of 24.4%, according to the General Statistics Office.

In September alone, the import-export turnover attained US$53.5 billion, down 2% compared to the previous month but up 4.2% against the same period last year.

Vietnam, import-export turnover, up 24%, nine months, trade turnover, domestic sector, export value

The production of shrimp for export at a factory of Minh Phu Seafood Corp in Nam Song Hau Industrial Park (Hau Giang province).

Vietnam shipped US$240.52 billion worth of goods abroad in the first nine months of 2021, up 18.8% year-on-year. The domestic sector contributed US$62.72 billion and the FDI sector (including crude oil) contributed US$177.8 billion, increasing 8.5 and 22.8% annually, respectively.

During the period, 31 products recorded an export value of over US$1 billion each and together they accounted for 92.5% of the nation’s total export.

The export of the group of processed industrial products reeled in US$214 billion, an increase of 19.5% from the same period last year. It was followed by agricultural and forestry products with US$17.7 billion (up 17.6%) and aquatic products US$6.17 billion (up 2.4%).

The US remained the biggest export market of Vietnam, spending US$69.8 billion on imports of Vietnamese products, a year-on-year rise of 27.6%. China came second with US$38.5 billion, up 18.3%. The EU and ASEAN followed with US$28.8 billion and US$20.6 billion, increasing by 11.6% and 21.2%, respectively.

The import turnover in the nine-month period reached US$242.65 billion, a hike of 30.5% compared to the same period last year. Of which, domestic businesses imported US$83.72 billion worth of goods, up 25%, while FDI enterprises made up the majority with US$158.93 billion, an increase of 33.6%.

Vietnam’s export turnover up 21.5% in eight months
Vietnam’s export turnover in the first eight months of 2021 rose by 21.5% year on year to US$212.5 billion, despite a decline of 5.4% in August, the General Statistics Office (GSO) reported on August 29.
Export turnover up 31 percent in August
(BGO) – According to the Department of Industry and Trade in Bac Giang province, the local export turnover hit about 1,227 million USD in August, up 29.9 percent comparing to the last month figure and 8,540 million USD in 8 months, making up 31 percent year on year increase.
Export turnover up 31.2 percent year on year in seven months
(BGO) – The export turnover in Bac Giang province was estimated at 885 million USD in July, up 79.8 percent against previous month and over 7.2 billion USD in accumulation of 7 months, up 31.2 percent year on year, reported the provincial Department of Industry and Trade.

Source: NDO/VNA

Vietnam, import-export turnover, up 24%, nine months, trade turnover, domestic sector, export value
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