Ministry of Industry and Trade said that with recovery of the world market and increased export orders, import and export activities in the first 4 months of the year have prospered and achieved positive results.
In April 2024, total import-export turnover of goods is estimated to reach 61.20 billion USD, although down 5.2% compared to the previous month but increased by 15% over the same period last year. In general, in the first 4 months of 2024, total import-export turnover of goods is estimated to reach 238.88 billion USD, an increase of 15.2% over the same period last year, of which exports increased by 15%; Imports increased by 15.4%. Trade balance of goods had a surplus of 8.4 billion USD.
Regarding export of goods, in April 2024, turnover is estimated to reach 30.94 billion USD, down 8.1% compared to the previous month. Overall, in the first 4 months of 2024, merchandise export turnover is estimated to reach 123.64 billion USD, up 15% over the same period last year.
In the first 4 months of 2024, there are 21 items with export turnover of over 1 billion USD, accounting for 86.4% of total export turnover (there are 5 export items with export turnover of over 5 billion USD, accounting for 57.8%).
Notably, in the first 4 months of 2024, exports will grow strongly and evenly in all 3 product groups. Specifically, agricultural product group will continue its growth momentum from 2023 until now, total export turnover of this product group is estimated to reach 11.98 billion USD, up 26% over the same period in 2023, accounting for 9.69% of total export turnover of the country.
Due to increased export prices, most products in this group achieved high double-digit export turnover growth rates compared to the same period last year, such as: coffee increased by 57.9%; rice increased by 36.5%; All kinds of tea increased by 25.5%; vegetables and fruits increased by 32.1%; Cashew kernels increased by 21.2%; Cassava and products from cassava increased by 19.2%.
Export turnover of processed and manufactured industrial goods is estimated to reach 104.65 billion USD, accounting for 85% of total export turnover and increasing 14.5% over the same period in 2023. Many product groups achieved growth rates. High export turnover growth, including key export items such as: Cameras, camcorders and components increased by 63.5%; computers, electronic products and components increased by 34.9%; plastic products increased by 29.6%; wood and wood products increased by 23.7%; iron and steel of all kinds increased by 20.7%; machinery, equipment, tools and other spare parts increased by 10%; means of transport and spare parts increased by 9.9%; textiles and garments increased by 6.3%; Footwear of all kinds increased by 5.7%; All kinds of phones and accessories increased by 6.6%...
Export turnover of mineral fuel products is estimated to reach 1.65 billion USD, up 28% over the same period in 2023.
Regarding market, export turnover to most of our country's major markets and trading partners in the first 4 months of 2024 has recovered well and achieved high growth.
In particular, the United States continues to be our country's largest export market with an estimated turnover of 34.12 billion USD, accounting for 27.6% of the country's total export turnover and an increase of 19.1% over the same period last year (same period decreased by 21.6%); The next is Chinese market estimated at 17.96 billion USD, up 14.4% (same period in 2023 down 13%); EU market is estimated at 16.35 billion USD, up 15% (same period down 10.8%); Korea is estimated to reach 8.36 billion USD, up 10.2%; Japan is estimated to reach 7.66 billion USD, an increase of 4.6%.

L. Giang
Source: Vitic/ congthuong.vn