(MPI) - According to the report of the General Statistics Office, Ministry of Planning and Investment , in July, the total import and export turnover of goods is estimated at 69.72 billion USD, up 8.7% over the previous month and up 21.8% over the same period last year. In the first 7 months of 2024, the total import and export turnover of goods reached 439.88 billion USD, up 17.1% over the same period last year, of which exports increased by 15.7%; imports increased by 18.5%. The trade balance of goods had a surplus of 14.08 billion USD.
Preliminary export turnover of goods in June 2024 reached 33.66 billion USD, 568 million USD higher than the estimated number.
The export turnover of goods in July 2024 is estimated at 35.92 billion USD, up 6.7% over the previous month. Of which, the domestic economic sector reached 9.87 billion USD, up 9.8%; the foreign-invested sector (including crude oil) reached 26.05 billion USD, up 5.6%. Compared to the same period last year, the export turnover of goods in July is estimated to increase by 19.1%, of which the domestic economic sector increased by 25.9%, the foreign-invested sector (including crude oil) increased by 16.7%.
In the first 7 months of 2024, the total export turnover of goods is estimated at 226.98 billion USD, up 15.7% over the same period last year. Of which, the domestic economic sector reached 63.08 billion USD, up 21.1%, accounting for 27.8% of the total export turnover; the foreign-invested sector (including crude oil) reached 163.9 billion USD, up 13.8%, accounting for 72.2%.
In the first 7 months of 2024, there were 30 items with export turnover of over 1 billion USD, accounting for 91.9% of total export turnover (there were 9 items with export turnover of over 5 billion USD, accounting for 70.8%).
Regarding the structure of export goods in the first seven months of 2024, the fuel and mineral group is estimated to reach 2.48 billion USD, accounting for 1.1%; the processed industrial group is estimated to reach 199.94 billion USD, accounting for 88.1%; the agricultural and forestry products group is estimated to reach 19.27 billion USD, accounting for 8.5%; the aquatic products group is estimated to reach 5.29 billion USD, accounting for 2.3%.
Preliminary import turnover of goods in June 2024 reached 30.46 billion USD, 307 million USD higher than the estimated number.
Import turnover of goods in July 2024 is estimated at 33.8 billion USD, up 11% over the previous month. Of which, the domestic economic sector reached 12.2 billion USD, up 11.3%; the foreign-invested sector reached 21.6 billion USD, up 10.8%. Compared to the same period last year, import turnover of goods in July increased by 24.7%, of which the domestic economic sector increased by 16.5%; the foreign-invested sector increased by 29.9%.
In the first 7 months of 2024, the total import turnover of goods is estimated at 212.9 billion USD, up 18.5% over the same period last year, of which the domestic economic sector reached 78 billion USD, up 21.5%; the foreign-invested sector reached 134.9 billion USD, up 16.9%.
In the first 7 months of 2024, there were 35 imported items with a value of over 1 billion USD, accounting for 89.4% of total import turnover (there were 10 imported items with a value of over 5 billion USD, accounting for 62.5%).
Regarding the structure of imported goods in the first seven months of 2024, the group of production materials is estimated to reach 199.88 billion USD, accounting for 93.9%, of which the group of machinery, equipment, tools and spare parts accounts for 46.2%; the group of raw materials, fuels and materials accounts for 47.7%. The group of consumer goods is estimated to reach 13.02 billion USD, accounting for 6.1%.
Regarding the import and export market of goods in the first seven months of 2024, the United States is Vietnam's largest export market with an estimated turnover of 66.1 billion USD. China is Vietnam's largest import market with an estimated turnover of 79.2 billion USD. In the first seven months of 2024, the trade surplus with the United States is estimated at 57.5 billion USD, up 27.6% over the same period last year; the trade surplus with the EU is estimated at 20.1 billion USD, up 19.4%; the trade surplus with Japan is 1.1 billion USD, down 14%; the trade deficit with China is 45.8 billion USD, up 65.4%; the trade deficit with South Korea is 17.7 billion USD, up 15.7%; the trade deficit with ASEAN is 5.5 billion USD, up 21%.
The preliminary trade balance of goods in June showed a trade surplus of 3.2 billion USD; the trade surplus in the first six months was 11.96 billion USD; and the estimated trade surplus in July was 2.12 billion USD. In the first 7 months of 2024, the trade balance of goods is estimated to have a trade surplus of 14.08 billion USD (the same period last year had a trade surplus of 16.5 billion USD). Of which, the domestic economic sector had a trade deficit of 14.92 billion USD; the foreign-invested sector (including crude oil) had a trade surplus of 29 billion USD./.
Some export items with a value of over 5 billion USD include: Electronics, computers and components; Phones and components; Machinery, equipment, and other PT tools; Textiles and garments; Footwear; Wood and wood products; Means of transport and spare parts; Iron and steel; Seafood. Some imported goods with a value of over 5 billion USD include: Electronics, computers and related products; Machinery and equipment, other DC PT; Fabric; Iron and steel; Plastics; Other base metals; Phones and components; Petroleum; Crude oil; Coal. |
Source: https://www.mpi.gov.vn/portal/Pages/2024-7-29/Tong-kim-ngach-xuat-nhap-khau-hang-hoa-7-thang-dauvmcnap.aspx
![[Maritime News] More than 80% of global container shipping capacity is in the hands of MSC and major shipping alliances](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/7/16/6b4d586c984b4cbf8c5680352b9eaeb0)
Comment (0)