News

Six export commodities bring in US$170 billion

Summary

Updated on : 25-12-2021

According to the General Department of Customs, by the end of October, the country exported US$269.77 billion, up 17.4% or US$40.02 billion year-on-year.

Chart. T.Binh

This result is made up of six commodities with a turnover of more than US$10 billion. They are: exports of phones of all kinds and components rose US$4.4 billion year-on-year to US$46.57 billion. This remains Vietnam's largest export group.

The export markets of this group of products diversify in all five continents, of which the largest are China, the US and the EU.

Exports of computers, electronic products and components rose US$4.44 billion year-on-year to US$40.85 billion. The major export markets include the US, China and the EU.

Export turnover of machinery, equipment, and tools and spare parts increased US$8.73 billion year-on-year to US$29.9 billion. This is the group with largest growth in turnover in the past ten months.

This group was mainly exported to major markets such as the US, the EU, China and South Korea.

Textile and garments recorded a year-on-year rise of US$1.35 billion to US$26.1 billion in exports. The US, the EU, and Japan are the three largest importers for textiles and garments.

Footwear of all kinds rose nearly US$710 million in exports year-on-year to US$14.24 billion. Vietnam mainly exported all kinds of footwear to the US, the EU, and China markets.

Wood and wood products saw a year-on-year export growth of US$2.29 billion to US$12.08 billion. The US, China and Japan were largest importers of this group.

With approximately US$170 billion, six major commodity groups alone contributed nearly 63% of the country's total export turnover in the past ten months.