News

Export commodities see strong growth

Summary

The export turnover in January rose 8.1% or US$2.3 billion year-on-year to US$30.84 billion, the General Department of Vietnam Customs (GDVC) said.

Updated on : 26-02-2022

 

The export of the country and major commodities in January, unit “million dollars”. Chart by: Thai Binh

The export of textiles and garments, iron and steel, machinery, equipment, tools and spare parts increased by 34.4%, 47.5% and 7.5% to US$914 million, US$289 million and US$244 million, respectively.

Export turnover of phones and components decreased 26.1% compared with January 2021 to US$4.5 billion.

Vietnam shipped this commodity group to the US, China and South Korea worth US$1.07 billion, US$956 million, US$299 million, down 8.9%, 35.5% and 18.3%, respectively.

The export of computers, electronic products and components reached US$4.1 billion. Export to the US rose 3.9% to US$975 million; to the EU increased by 20.2% to US$660 million; to China decreased by 6.6% to US$760 million; to Hong Kong dropped 5% to US$420 million.

The textile and garment sector’s exports reached US$3.57 billion.

The US continues to be the largest textile and garment importer with a turnover of US$1.85 billion, up 42% over the same period last year and accounting for 51.9% of the total export turnover of textiles and garments.

Textile and garment exports to the EU and South Korea increased by 39.1% and 33.4% to US$382 million and US$314 million, respectively.

The export of machinery, equipment, tools and spare parts ranked fourth, worth US43.5 billion. The items were mainly exported to the US, EU and Japan.

The export of wood and wood products rose 14.3% over the same period last year to US$1.55 billion. Wood and wood products were mainly exported to the US, Japan, China up 12.8%, 16.3% and 27%, to US$928 million, US$153 million, US$134 million, respectively.