In the first quarter of 2024, exports of computers and electronic components continue to lead
By the end of the first quarter of 2024, computers and electronic components continued to overtake phones, leading the industry with the largest export turnover, with 15,7 billion USD, an increase of 30,3% over the same period. period.
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| Exports of computers and electronic components grow by more than 30%, bringing in 15,7 billion USD in the first quarter of 2024. |
Data on import and export of goods in the first quarter of 2024 that the General Statistics Office just announced on the morning of March 29 continued to record bright spots in trade activities.
In March 3 alone, merchandise export turnover is estimated to reach 2024 billion USD, up 65,09% over the previous month and up 35,6% over the same period last year.
Overall, in the first quarter of 2024, merchandise export turnover is estimated to reach 93,06 billion USD, up 17% over the same period last year. Of which, the domestic economic sector reached 25,21 billion USD, an increase of 26,2%, exports; The foreign invested sector (including crude oil) reached 67,85 billion USD, up 13,9%, accounting for 72,9%.
Thus, compared to the same period last year, exports in the first quarter of 2024 increased by 13,46 billion USD. (In the first quarter of last year, exports reached 79,6 billion USD, down 11,6% compared to the first quarter of 2022)
In the first quarter of 2024, the country had 16 products with export turnover of over 1 billion USD, accounting for 82,1% of total export turnover, of which 3 products reached over 10 billion USD, including electronics. , Computers and components; Phones and components; machinery, equipment and spare parts.
Export orders recovered, electronics, computers and components continued to lead the industry with large export turnover, with nearly 15,7 billion USD.
Last year, this item brought in a turnover of 57,34 billion USD, an increase of 3,3%, while phones ranked second with 2 billion USD, a decrease of 53,2% compared to the previous year.
Value of some export products in the first quarter of 2024
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Estimate
(Million dollars)
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Speed increase vs
in the same period last year (%)
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The items reach the above value 5 billion USD
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Electronics, computers and components
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15.693
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30,3
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Phones and components
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14.713
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9,7
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Other machinery, equipment, tools and spare parts
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10.876
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10,2
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Textile
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7.757
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7,9
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Regarding the export and import market of goods in the first quarter of 2024, the United States is Vietnam's largest export market with an estimated turnover of 26,2 billion USD, an increase of 26%, the EU 12,1 billion USD, an increase of 16,3%. .12,7%, China 5,2 billion USD, up 8,9%, ASEAN 9,5 billion USD, up 5,7%, Japan 6,4 billion USD, up 6,6%, Korea 12,9 billion USD, up XNUMX% over the same period last year..
In terms of imports, China is Vietnam's largest import market with an estimated turnover of 29,4 billion USD, up 24,4%, Korea 12,8 billion USD, up 4,3%, ASEAN 11,1 9,8 billion USD, up XNUMX% over the same period.
The trade balance with a number of markets recorded a large trade surplus in the first quarter of 2024: the United States was estimated at 22,7 billion USD, up 27,9%, the trade surplus with the EU was estimated at 8,2 billion USD, up 15,8%. XNUMX%.
But, the trade surplus to Japan was 50 million USD, down 27,7%; while the trade deficit from China was 16,7 billion USD, an increase of 44,4%; Trade deficit from Korea is 6,2 billion USD, down 3,5%; Trade deficit from ASEAN is 2,2 billion USD, up 10,9%.
Exports increased more strongly than imports in the first quarter of the year, helping the trade balance of goods to reach an estimated trade surplus of 8,08 billion USD (same period last year, trade surplus was 4,93 billion USD). Of which, the domestic economic sector's trade deficit was 4,49 billion USD; The foreign invested sector (including crude oil) had a trade surplus of 12,57 billion USD.
