Import-export revenue raises more than 16% in nine months
Revenue from import-export activities hit 578 billion USD in the first nine months of 2024, a rise of over 16% year on year, according to the General Statistics Office (GSO).
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| Import-export activities at Hai Phong port. (Source: VNA) |
In September alone, the figure reached 65.8 billion USD, down 8% from that of August and up 10.9% year on year, including exports of over 34 billion USD, a decline of 10% month on month.
In the third quarter, export turnover was estimated at 108.6 billion USD, up nearly 16% over the same period last year and 10.6% over the second quarter.
In the Jan-Sept period, exports hit 299.63 billion USD, up 15.4% over the same period last year. Of this, the domestic sector earned more than 83 billion USD, a rise of nearly 21%, accounting for 28% of total export turnover, while the foreign-invested sector (including crude oil) contributed 216 billion USD, up 13.4%, accounting for 72%.
Also in the nine-month period, 30 kinds of goods achieved export turnover of over 1 billion USD each, accounting for 92% of the total export turnover, the earning of seven of which was 10 billion USD in exports, accounting for over 66%.
Meanwhile, in September, the country imported over 32 billion USD worth of goods, down nearly 6% month on month but up 11% year on year.
In the third quarter of 2024, import turnover neared 100 billion USD, up 17% over the same period last year and 6% over the second quarter.
The figure pushed the total import value in nine months to 279 billion USD, up 17% year on year, with 178 billion USD coming from the foreign-invested sector.
In the first nine months of 2024, there were 40 kinds of goods posting an import value of over 1 billion USD each, accounting for 91.5% of the total import turnover.
The US remained the largest export market of Vietnam with a revenue of nearly 90 billion USD. In the first nine months of this year, Vietnam enjoyed a trade surplus of 78.5 billion USD with this market.
Meanwhile, China was the biggest supplier of Vietnam with a value of 105 billion USD, resulting in a trade surplus of more than 61 billion USD for Vietnam.
Overall, Vietnam posted a trade surplus of 2.3 billion USD in September and 20.79 billion USD the Jan-Sept period, higher than 22.1 billion USD recorded in the same period last year.
(Source: VNA)
