Exports in the first half of 2024, processed industrial products accounted for 87.7%

According to a report recently released by the General Statistics Office, the export turnover of goods in June 2024 is estimated at 33.09 billion USD, up 2.6% over the previous month and up 10.5% over the same period last year. In the second quarter of 2024, the export turnover is estimated at 97.2 billion USD, up 12.5% over the same period last year and up 4.6% over the first quarter of 2024.

The United States is Vietnam's largest export market with an estimated turnover of 54.3 billion USD.

In the first 6 months of 2024, the total export turnover of goods is estimated at 190.08 billion USD, up 14.5% over the same period last year. Of which, the domestic economic sector reached 53.39 billion USD, up 20.6%, accounting for 28.1% of total export turnover; the foreign-invested sector (including crude oil) reached 136.69 billion USD, up 12.3%, accounting for 71.9%. Regarding the structure of export goods in the first 6 months of 2024, the processed industrial goods group is estimated at 166.79 billion USD, accounting for 87.7%.

On the other hand, the import turnover of goods in June 2024 is estimated at 30.15 billion USD, down 7.9% compared to the previous month and up 13.1% compared to the same period last year. In the second quarter of 2024, the import turnover is estimated at 93.4 billion USD, up 19.8% compared to the same period last year and up 9.7% compared to the first quarter of 2024.

In general, in the first 6 months of 2024, the import turnover of goods is estimated at 178.45 billion USD, up 17.0% over the same period last year, of which the domestic economic sector reached 65.74 billion USD, up 22.3%; the foreign-invested sector reached 112.71 billion USD, up 14.1%. Regarding the structure of imported goods in the first 6 months of 2024, the group of production materials is estimated at 167.73 billion USD, accounting for 94%.

Regarding the import and export market of goods in the first six months of 2024, the United States is Vietnam's largest export market with an estimated turnover of 54.3 billion USD. China is Vietnam's largest import market with an estimated turnover of 67 billion USD.

The trade balance of goods in June is estimated to have a trade surplus of 2.94 billion USD. In the first six months of 2024, the trade balance of goods is estimated to have a trade surplus of 11.63 billion USD (the same period last year had a trade surplus of 13.44 billion USD). Of which, the domestic economic sector had a trade deficit of 12.35 billion USD; the foreign-invested sector (including crude oil) had a trade surplus of 23.98 billion USD.

Source: https://congthuong.vn/xuat-khau-nua-dau-nam-2024-nhom-hang-cong-nghiep-che-bien-chiem-877-329067.html