AsemconnectVietnam - Exports tend to improve and some product groups achieved positive growth amid many challenges in the first months of the year.

According to the General Department of Customs, by the end of August, the whole country had 2 export commodity groups with turnover growth of more than 1 billion USD compared to the same period in 2022, including vegetables and fruits increased by 1.35 billion USD, means of transport and spare parts increased by 1.22 billion USD. The exports of rice also increased by 832 million USD.
The above product groups were the bright spots of exports, because in the first 8 months of the year, many key product groups had a sharp decrease in turnover compared to the same period last year.
The data from the General Department of Customs recorded that up to 11 export commodity groups decreased by over 500 million USD compared to the same period last year.
Of which, 6 groups decreased by "billion dollars" including phones of all types and components decreased by 6.21 billion USD; textiles and garments decreased by 3.79 billion USD; machinery, equipment, tools and spare parts decreased by 3.23 billion USD; footwear of all kinds decreased by 3 billion USD; wood and wood products decreased by 2.7 billion USD; seafood products decreased by 1.83 billion USD.
The remaining groups were computers, electronic products and components, down by 760 million USD; textile fibers of all kinds decreased by 572 million USD; chemicals decreased by 552 million USD; plastic products decreased by 550 million USD; iron and steel products decreased by 516 million USD.
The 11 product groups mentioned above alone decreased by 23.71 billion USD in turnover, equal to 95.7% of the decrease in export turnover of the whole country.
An optimistic sign is that export activities improved in August saw a turnover of 32.76 billion USD, up by 9% (equivalent to an increase of 2.69 billion USD) compared to the previous month.
In particular, the strongest increase was in product groups such as phones of all types and components increased by 697 million USD; computers, electronic products and components increased by 222 million USD; rice increased by 184 million USD, textiles increased by 181 million USD; wood and wood products increased by 169 million USD; crude oil increased by 114 million USD.
In the first 8 months of the year, the country's export turnover reached 228.17 billion USD, down by 9.8% (equivalent to a decrease of 24.79 billion USD) compared to the same period last year.
CK
Source: VITIC/ haiquanonline.com.vn