Publication

Title: Major export commodity groups in the first 7 months of 2018
Type: Publication
Reponsible Agency: General Department of Vietnam Customs
Issuing Date: 18-08-2018

Contents

 

major export commodity groups in the first 7 months of 2018

10 largest export commodity groups in the first 7 months of 2018.

Besides, export turnover of some major commodity groups decreased such as cameras, video cameras and parts declined US$ 88 million; Machinery, equipment, tools and spare part declined US$ 54 million; Rice declined US$ 59.2 million, petroleum products declined US$ 55.7 million, coffee declined US$ 47 million.

Mobile phones and accessories: export turnover of this commodity group in July reached US$ 3.86 billion, increasing by 16.3% compared to the previous month. As of the end of July, this commodity group’s export turnover reached US$ 26.48 billion, a year- on- year increase of 17.4%.

In the first seven months of 2018, this commodity group was mainly exported to the EU (28 countries) with a turnover of US$ 7.79 billion, up 16.5%; China with a turnover of 2.86 billion, up 3.5 times; the US with a turnover of US$ 2.74 billion, up 22.4%; South Korea with a turnover of US $ 2.63 billion, up 29.4%; United Arab Emirates: with a turnover of US $ 2.45 billion, up 9.4%.

Textiles and Garments: The commodity group’s export turnover in July reached US$ 2.87 billion, a month-on-month increase of 4.6%, bringing export turnover in the first 7 months of 2018 to US$ 16.52 billion, a year-on-year increase of 16%.

In the first 7 months of 2018, the US continued to be the largest importer of Vietnam’s textiles and garments with a turnover of US$ 7.69 billion, increasing by 11.3% over the same period in 2017 and accounting for 46.5% of the country's total textiles and garments turnover; followed by the EU with a turnover of US$ 2.32 billion, increasing by 11.9%; Japan with a turnover of US$ 2.05 billion, increasing by 24.2%; South Korea with a turnover of US $ 1.57 billion, increasing by 25.1% compared to the previous year.

Computer, electronic products and components: Export turnover of this commodity group in July reached US$ 2.5 billion, a month-on-month slight increase of 0.3%, bringing export turnover in the first 7 months of 2018 to US$ 15.94 billion, a year-on-year increase of 16.2%.

In the first 7 months of 2018, this commodity group was exported to China with a turnover of US$ 4.33 billion, an increase of 28.4%; to the EU (28 countries) with a turnover of US$ 3 billion, an increase of 19.9%; to South Korea with a turnover of US$ 1.55 billion, increasing by 56.8%; to the US with a turnover of US$ 1.54 billion, decreasing by 8.5% compared to the same period in 2017.

Machinery, equipment, tools and other spare parts: Export turnover of this commodity group in July 2018 reached US$ 1.3 billion, a month-on-month decrease of 4%. As of the end of July, export turnover reached US$ 9.21 billion, a year-on-year increase of 30.3%.

In the first 7 months of 2018, machinery, equipment, tools and other spare parts were mainly exported to markets including: the US with a turnover of US$ 1.65 billion, increasing by 16.4%; the EU (28 countries) with a turnover of US$ 1.23 billion, increasing by 27.9%; India with a turnover of US$ 1.24 billion, increasing by 6.9 times; Japan with a turnover of US$ 1.03 billion, increasing by 5.4% compared to the same period in 2017.

Foot-wear: export turnover for this commodity group in July 2018 reached US$ 1.44 billion, down 1.4% over the previous month, bringing the country’s export turnover in 7 months of 2018 to reach US$ 9.13 billion, up 9.4% over the same period last year.

Export turnover of this group to the US reached US$ 3.28 billion, up 13.5%; to the EU (28 countries) reached US$ 2.69 billion, a slight increase of 0.2%; to China reached US $ 812 million, up 30.7% over the same period in 2017.

Wood and wooden products: Export turnover of this commodity group in July 2018 reached US $ 730 million, down 2.6% over the previous month. As of the end of July, the export turnover of this group reached US $ 4.86 billion, up 13.7% over the same period last year.

In the first months of 2018, wood and wooden products were mainly exported to the US with a turnover of US$ 2.03 billion, a year-on-year increase of 14%; to China with a turnover of US$ 613 million, an increase of 1.6%; to Japan with a turnover of US$ 620 million, an increase of 6.1%.

Fishery products: export turnover in July was US$ 765 million, a month-on-month slight increase of 0.2%, bringing the export turnover in the first seven months to US$ 4.73 billion, a year-on-year increase of 8.5%.

In 7 months of 2018, fishery products were mainly exported to the EU (28 countries) with a turnover of US$ 835 million, increasing by 15.8%; to the US with a turnover of US$ 793 million; increasing by 0.8%; to Japan a turnover of US$ 734 million, increasing by 4.5%; to China with a turnover of US$ 556 million, increasing by 2.8% compared to the previous year.

Means of transport and spare parts: Export turnover of this commodity group in July reached US$ 627 million, a month-on-month increase of 2.3%, bringing the export turnover in 7 months of 2018 to US$ 4.66 billion, a year-on-year increase of 15.9%.

In the first months of 2018, means of transport and spare parts were exported to markets, including Japan with a turnover of US$ 1.37 billion, an increase of 14.6%; to the US with a turnover of US $ 734 million, up 12%; to Singapore with a turnover of US $ 258 million, a year-on-year increase of 84.2%.

Iron and steel: export volume of iron and steel in July reached 598 thousand tons, with a turnover of US$ 430 million, an increase of 32.1% in volume and 22.9% in value. Thereby, bringing export volume of this commodity group in the first 7 months of 2018 to 3.41 million tons, with a turnover of US$ 2.53 billion, a year-on-year increase of 40.6% in volume and 56.6% in value .

Iron and steel were mainly exported to Cambodia with an export volume of 718 thousand tons, up 49.1%; the US with an export volume of 533 thousand tons, up 73.6%; Indonesia with an export volume of 373 thousand tons, up 22.3%; Malaysia with an export volume of 392 thousand tons, up 88.5%; the EU (28 countries) with an export volume of 374 thousand tons, up 96.2% over the same period of 2017.

Cameras, video cameras and parts: the export turnover of this commodity group in July was US $ 292 million, down 23.1% over the previous month, bringing the export turnover of this group in the first seven months of 2018 to US$ 2.36 billion, up 34.9% over the same period last year.

As of July 2018, cameras, video cameras and parts were mainly exported to China with an export turnover of US$ 1.06 billion, up 16.3%; to Hong Kong with an export turnover of US$ 646 million; up 34.2%; to South Korea with an export turnover of US$ $ 213 million, up 3.5 times compared to the previous year.

Source: Customs news


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