Export-import turnover up 123 billion USD in 2021

Export-import turnover hit 668.5 billion USD in 2021, up 123 billion USD compared to the previous year and posting the highest growth ever.
Export-import turnover up 123 billion USD in 2021
At a customs office. (Photo: tuoitre.vn)

The information was revealed by the General Department of Vietnam Customs during a recent conference to review the sector's performance this year and deploy tasks in 2022.

State budget collection from imports and exports posted a year-on-year expansion of 19.2 percent, heard the event.

Although various localities applied social distancing measures to curb the spread of COVID-19, export-import turnover of goods handled by customs offices of 19 southern provinces and cities expanded 16 percent against the previous year.

Ho Chi Minh City's customs office in particular handled more than 117 billion USD worth of goods, and Binh Duong office tackled over 47 billion USD.

Tax collection from exports-imports enjoyed a 19.2 percent growth to top 370 trillion VND (16.21 billion USD). The increase was driven by the surge in tax collection of some commodities like petrol, crude oil and iron ore.

Of note, the number of imported automobile grew 1.6-fold against that of the previous year, bringing in over 14 trillion VND in tax.

In the coming year, the customs sector sets a target of collecting 352 trillion VND in tax, said Deputy Minister of Finance Vu Thi Mai.

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(Source: VNA)