Imports and exports achieve more than US 270 billion

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Import - export activities took place at Tan Vu port (Hai Phong province). Photo: T.Bình
Import – export activities took place at Tan Vu port (Hai Phong province). Photo: T.Bình

Specifically, in the first period of May (May 1-15), exports reached $US14.64 billion. During this period, there were 4 export product groups reaching a billion-dollar turnover: computers, electronic products, and components; phones and components; machinery, equipment, tools, spare parts; textile and garment.

Overall, from the beginning of the year to May 15, total export turnover reached US$138.59 billion, rising 16% over the same period in 2023 (equivalent to an increase in turnover of US$19.17 billion).

Thus, the export results have maintained extremely impressive growth since the beginning of the year.

Moreover, the General Department of Vietnam Customs said all 10 largest export markets witnessed positive growth, including the United States, EU, China, ASEAN, South Korea, Japan, Hong Kong (China), India, Canada, and Australia.

Among them, the 5 largest markets experiencing the most impressive increases are the United States, China, EU, ASEAN and Hong Kong (China).

On the contrary, imports in the first period of May reached US$17.26 billion. In particular, two groups of billion-dollar imported goods are computers, electronic products and components; machinery, equipment, tools, and spare parts.

Accumulated from the beginning of the year to May 15, the country’s total import turnover reached US$132.23 billion, growing 17.5% over the same period last year (equivalent to an increase in turnover of US$19.7 billion).

By mid-May, the country’s import-export turnover reached US$270.82 billion, with a surplus of US$6.36 billion.

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