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Vietnam’s export turnover totaled nearly $ 44.64 billion in the first quarter of this year 

 Friday, May 26,2017

AsemconnectVietnam - By the end of the first quarter, the country’s export turnover totaled nearly $ 44.64 billion, up by 15.1 per cent or $ 5.86 billion compared with the same period of 2016.

The export turnover of the FDI enterprises reached over $ 6.67 billion in the second half of March and $ 31.32 billion the first quarter of this year, up by 14.8 per cent year – on – year and accounted for 70.2 per cent of the total.
Of the figure, the export turnover was estimated at $ 43.73 billion, up by 12.8 per cent while the import value was estimated at $ 45.63 billion, up by 22.4 per cent.
In March only, the country’s total import and export revenue reached $ 33.7 billion, up by 19.3 per cent compared with the previous month.
Vietnam’s total exports in the second half of March reached nearly $ 9.44 billion, up by 20.8 per cent or nearly $ 1.63 billion compared with the first half of March.
The increase was attributed to the rising exports of cell phones and accessories – up by 37.2 per cent or $ 485 million; machines, equipment and spare parts – up by 24.2 per cent or $ 122 million; footwear of all kinds – up by 21.7 per cent or $ 107 million; computers, electronics and components – up by 10.2 per cent or $ 107 million; textiles and garments – up by 10.3 per cent or $ 103 million.
Cell phones and accessories were leading the list of items exported by the country with the export turnover of $ 2.7 billion in March and $ 7.39 billion in the first 3 months of this year, down by 10.7 per cent year – on – year.
The exports of textiles and garments were estimated at $ 2.1 billion in March and $ 5.63 billion in the first 3 months of this year, up by 10.2 per cent over the same period of 2016.
Meanwhile, the exports of computers, electronics and components were estimated at $ 2 billion in March, up by 16.4 per cent month – on – month. The figure brought the country’s total exports of computers, electronics and components in the first 3 months of this year to $ 5.31 billion, up by 42.3 per cent year – on – year.
The exports of footwear of all kinds and machines, equipment and spare parts reached over $ 1 billion with moderate growth.
Export items
The country’s exports of top ten items reached nearly $ 31.76 billion in the first quarter of this year, accounted for 71.1 per cent of the total. Cell phones and accessories were leading the list.
Cell phones and accessories: Vietnam exported $ 3.09 billion worth of cell phones and accessories in March and $ 7.77 billion in the first 3 months of this year, down by 6.1 per cent compared with the same months of 2016.
The main export markets of cell phones and accessories in the period were EU with over $ 2.38 billion, down by 6.1 per cent year – on – year; the U.A.E with $ 901 million, down by 19.9 per cent; South Korea - $ 755 million, up by 32.8 per cent; the U.S - $ 620 million, down by 43 per cent.
Textiles and garments: The country exported $ 2.1 billion worth of textiles and garments in March and $ 5.62 billion in the first 3 months of this year, up by 10 per cent year – on - year.
The leading export markets of textiles and garments in the first 11 months of this year were the U.S with $ 2.72 billion, up by 8.1 per cent year – on – year; EU - $ 733 million, up by 6.6 per cent; and Japan - $ 715 million, up by 12.4 per cent; and South Korea - $ 617 million, up by 17.1 per cent.
Vietnam’s exports of textiles and garments were estimated at US$ 5.6 billion in the first quarter of this year, increased by 9.7 per cent over the same period of 2016, showed the statistics figures of the General Department of Customs. 
Of the figure, the exports of cloth were at $ 279.8 million, up by 15.7 per cent year – on – year and accounted for 5 per cent of the total.
In the first quarter of this year, the country’s exports of textiles and garments to the U.S reached $ 2.7 billion, up by 7.7 per cent and accounted for 48 per cent of the total; the exports to Japan - $ 715 million, up by 11.7 per cent; to South Korea - $ 617.5 million, up by 16.3 per cent.
In the reviewed period, the exports of textiles and garments to Russia increased sharply by 142 per cent; to India – up by 74 per cent; to Angola – up by 64.7 per cent; to China – up by 40 per cent; to Cambodia – up by 40 per cent; to Austria – up by 60 per cent; and to Greece – up by 78 per cent.  
However, the exports to Senegal and Ukraine decreased by 96.5 per cent and 53.4 per cent, respectively year – on – year.
Computers, electronic products and components: Vietnam earned $ 5.52 billion from export of computers, electronic products and components in the first 3 months of this year, up by 47.8 per cent compared with the same months of 2016.
The major export markets of computers, electronic products and components in the period were China with $ 1.37 billion, up by 123.5 per cent year – on – year; and the EU - $ 1.04 billion, up by 12.3 per cent.
Vietnam’s exports of computers, electronics and components reached the record high of US$ 2.19 billion in March, showed the statistics figures of the General Department of Customs.
The figure brought the country’s total exports of computers, electronics and components in the first three months of this year to $ 5.52 billion, up by 47.8 per cent over the same period last year.
China was leading the list of the country’s major export markets of computers, electronics and components in the first three months of this year with the export turnover of $ 1.37 billion, increased sharply by 123.5 per cent year – on – year. It was followed by the EU with $ 1.04 billion, up by 12.3 per cent.
The country also imported $ 2.99 billion worth of computers, electronics and components in March and over $ 7.6 billion in the first three months of this year, up by 16.6 per cent over the same period last year.
The main import markets of computers, electronics and components in the first three months of this year were South Korea with the import value of $ 2.69 billion, up by 27.9 per cent; China - $ 1.58 billion, up by 28.5 per cent; and Taiwan - $ 773 million, up by 7.9 per cent.
Vietnam’s exports of computers, electronics and components in the first quarter of this year increased sharply by 47.8 per cent year – on – year.
According to the statistics figures of the General Department of Customs, in the first quarter of this year, Vietnam’s exports of computers, electronics and components reached US$ 5.5 billion, increased sharply by 47.8 per cent over the same period of 2016. In March only, the exports of those items increased by 27.5 per cent month – on – month to $ 2.2 billion. 
China was the country’s biggest export market of computers, electronics and components in the period with the export turnover of $ 1.4 billion, up by 123 per cent year – on – year and accounted for 24.8 per cent of the total.
It was followed by the U.S with $ 592.3 million, up by 1.3 per cent; the Netherlands - $ 443.8 million, up by 4.8 per cent; Hong Kong - $ 409.6 million, up by 14.7 per cent; South Korea - $ 407.1 million, up by 48 per cent; and Malaysia - $ 367.2 million, up by 216.5 per cent.
In the first quarter, the country’s exports of computers, electronics and components to Slovakia rocketed by 663 per cent; to Finland – up by 499 per cent; to New Zealand – up by 228 per cent; to Turkey – up by 224 per cent; and to Malaysia – up by 217 per cent.
The country also imported $ 2.99 billion worth of computers, electronics and components in March and $ 7.6 billion in the first quarter of this year, up by 19.6 per cent over the same period last year.
Footwear of all kinds: The export of footwear of all kinds totaled over $ 1.09 billion in March and nearly $ 3.12 billion in the first 3 months of this year, up by 11.9 per cent year – on - year.
The country’s top export markets of footwear of all kinds in the first 3 months of this year were the U.S with $ 1.07 billion, up by 13.3 per cent year – on – year; the EU (28 countries) –$ 988 million, up by 9.9 per cent; and China – $ 240 million, up by 28.5 per cent.
Vietnam earned over US$ 3.1 billion in the first quarter of 2017, up by nearly 12 per cent over the same period of 2016, showed the statistics figures of the General Department of Customs.
By the end of 2016, Vietnam ranked fourth in the list of the top 4 footwear producers in the world (in quantity) after China, India and Brazil, and ranked third (in value) after China and Italy. Vietnam exported footwear to 45 markets all over the world.
Last year, the export turnover of the footwear industry reached $ 16.2 billion, up by 8.8 per cent year – on – year and accounted for 9.2 per cent of the total.
The U.S was leading the list of the country’s 45 footwear export markets with the export turnover of over $ 1 billion, up by 13.3 per cent over the same period last year and accounted for 34.3 per cent of the total.
China ranked second with nearly $ 240 million, up by 26 per cent; then Germany - $ 218.8 million, up by 29.7 per cent; Belgium - $ 195.4 million, up by 13.4 per cent; Japan - $ 189.5 million, down by 2 per cent.
In the first quarter of this year, the country’s exports of footwear to Hungary increased sharply by 127 per cent; to Indonesia – up by 79.7 per cent; to Switzerland – up by 45.4 per cent; to India – up by 41 per cent; to Slovakia – up by 33 per cent.
The country’s exports of footwear are expected to reach nearly $ 18 million this year, up by 10 per cent over the last year.
Wood and furniture was leading the list of farm, forestry and seafood products exported in the first quarter of this year. This year, the country is expected to earn US$ 7.5 billion from wood exports, up by 8 -10 per cent over the last year.
Vietnam’s exports of wood and furniture increased by over 17 per cent over the same period last year to nearly $ 1.8 billion, showed the statistics figures of the General Department of Customs.
In March only, the country’s exports of wood and furniture reached $ 713.1 million, increased sharply by 57 per cent month – on – month.
The U.S was leading the list of the country’s major export markets of wood and furniture in the first quarter of this year with the export turnover of $ 691.5 million, up by 16 per cent year – on –year and accounted for 39 per cent of the total. It was followed by china with $ 276.5 million, up by 62.6 per cent; Japan - $ 256.9 million, up by 6.6 per cent; and South Korea - $ 143.8 million, up by 16.6 per cent.
In the first quarter of this year, Vietnam’s exports of wood and furniture to Czech increased by 73 per cent to $ 0.3 million; to China – up by 62.6 per cent to $ 276.5 million; to Denmark – up by 63.5 per cent to $ 5.9 million; and to Sweden – up by 52.5 per cent to $ 10.9 million.
However, the exports to Hong Kong; Turkey; Portugal; Switzerland and Saudi Arabia decreased by 65.7 per cent; 61 per cent; 37.5 per cent; 35.8 per cent and 34.5 per cent, respectively.
Machines, equipment, tools and spare parts:  The country earned nearly $ 1.13 billion from export of machines, equipment, tools and spare parts  in March and $ 2.91 billion in the first 3 months of this year, up by 37.5 per cent over the same period last year.
The main export markets of machines, equipment, tools and spare parts in the first 3 months of this year were the U.S with $ 602 million, up by 26.7 per cent year – on – year; Japan –  $ 402 billion, up by 14.5 per cent; China – nearly $ 370 million, up by 85.6 per cent over the same period of 2016.
Farm products (including fruit and vegetables; cashew nuts; coffee; tea; pepper; rice; cassava and products): Vietnam’s exports of farm products reached $ 1.59 billion in March and $ 3.94 billion in the first three months of this year, up by 15.3 per cent over the same period last year.
The leading export markets of farm products in the first quarter of this year were China with $ 1.47 billion, up by 27.6 per cent year – on – year; EU (28 countries) - $ 748 million, up by 24.8 per cent; the U.S - $ 457 million, up by 23.5 per cent; ASEAN - $ 371 million, down by 17.5 per cent; Japan - $ 92 million, up by 17 per cent; and South Korea - $ 86 million, up by 52 per cent.
The country’s exports of fruit and vegetables were at $ 280 million in March, up by 49.5 per cent month – on – month. The figure brought the total exports of those items in the first quarter of this year to $ 701 million, up by 29.8 per cent over the same period of 2016.
Meanwhile, the exports of cashew nutswere up by 80.1 per cent in quantity and 88 per cent in value to 24,000 tons worth of $ 230 million in March and 56,000 tons worth of $ 515 million in the first three months of this year, down by 4.6 per cent in quantity but up by 16.9 per cent in value over the same months of last year.
Coffee:Vietnam’s exports of coffee reached 168,000 tons worth of $ 382 million in March, up by 14.8 per cent in quantity and 15.1 per cent in value month – on – month. The figure brought the country’s total coffee exports in the first 3 months of this year  to 454,000 tons valued at $ 1.03 billion, down by 4.3 per cent in quantity but up by 27.5 per cent in value year – on - year.
Vietnam’s coffee exports reached 162,000 tons worth of US$ 365 million in March and 449,000 tons worth of $ 1 billion, down by 5.4 per cent in quantity but up by 25.6 per cent in value over the same period last year. 
According to the Ministry of Agriculture and Rural Development, Germany and the U.S were still leading the list of the country’s major coffee export markets in the first three months of this year with the market shares of 17 per cent and 15.6 per cent, respectively.
In the first two months of this year, the country’s exports of coffee to Belgium increased by 2.3 folds year – on – year; to South Korea – up by 79.3 per cent; to the U.S – up by 60 per cent; to Algeria – up by 50.1 per cent; to Spain – up by 33.6 per cent; to Germany – up by 28.8 per cent; to the U.K – up by per cent; to Japan – up by 21 per cent and to Italy – up by 20.2 per cent. 
In the first quarter of 2017, Vietnam’s exports of coffee decreased in quantity, but increased sharply in value was rising coffee price.
According to the preliminary statistics figures of the General Department of Customs, Vietnam exported 453,967 tons of coffee worth of over US$ 1 billion in the first quarter of this year, down by 5 per cent in quantity but up by 27 per cent in value over the same period of 2016.
Germany was leading the list of 33 biggest coffee export markets of Vietnam in the first quarter of this year with 80,163 tons worth of $ 174 million, equivalent in quantity compared with the same period last year but up by 35.4 per cent in value. The exports to the U.S reached 72,598 tons worth of $ 165 million, up by 15 per cent in quantity and 56 per cent in value; to Italy – 42,455 tons worth of $ 93.9 million, down by 3.4 per cent in quantity and up by 30 per cent in value; to Spain – 29,339 tons worth of $ 64 million, down by 7 per cent in quantity but up by 21 per cent in value; to Belgium – 28,622 tons worth of $ 62.3 million, up by 44.4 per cent in quantity and 80 per cent in value.
Rice: The country’s exports of rice hit $ 551,000 tons worth of $ 251 million in March, rose sharply by 38.8 per cent in quantity and 47.2 per cent in value month – on – month. The figure brought the country’s total export of rice in the first 3 months of this year to 1.29 million tons worth of $ 565 million, down by 17.5 per cent in quantity and 17.3 per cent in value year – on - year.
Vietnam’s rice exports decreased in the first three months of this year, but the country’s exports of rice to China increased sharply, according to the Ministry of Agriculture and Rural Development.
The exports of rice in the first quarter of this year were estimated at 1.28 million tons worth of US$ 570 million, down by 18 per cent in quantity and 17.3 per cent in value over the same period last year.
China was leading the list of the country’s biggest rice export markets in the first two months of this year with 36 per cent of the total market share. It was followed by the Philippines with 206 million tons worth of nearly $ 80 million, accounted for 25 per cent of the total market share.
Since earlier this year, the country’s exports of rice to several traditional markets such as Ghana, Hong Kong and Malaysia decreased sharply.
 The U.S was the biggest export market of Vietnam in the first quarter of this year with nearly 20 per cent of the total market share.
The statistics figures of the first quarter showed that there were 6 markets and groups of markets that had important role in the growth rate of the country. They were the U.S, EU, China, ASEAN, Japan and South Korea.
The U.S was the country’s biggest export market in the reviewed period with nearly 20 per cent of the total. However, the country’s imports from the U.S also increased, so Vietnam got only US$ 6.4 billion of surplus in trade exchange with the U.S, compared with $ 6.7 billion in the first three months of 2016.
In the first quarter of the year, textiles and garments were leading the list of items exported by Vietnam to the U.S, accounted for 31.4 per cent of the total. It was followed by footwear of all kinds with 12.3 per cent; and wood and furniture – 7.9 per cent.
Especially, the country’s exports of cameras, camcorders and components to the U.S rocketed by 554.62 per cent to $ 7.9 million; and the exports of rubber – up by 94.18 per cent to $ 15.6 million. However, the exports of pepper decreased by 35.39 per cent to $ 65.6 million.
According to the Import and Export Department under the Ministry of Industry and Trade, Vietnam is now the 12th biggest export market and the 36th biggest import market of the U.S.
The trade exchange between the two countries saw the annual average growth of 25 per cent. Last year, Vietnam got over $ 29.7 billion of surplus in trade exchange with the U.S.
The country’s exports of goods to the U.S increased sharply from $ 1 billion in 2001 to $ 38.46 billion in 2016 and are expected to reach over $ 40 billion this year.
China was leading the list of Vietnam’s major export markets of fruit and vegetables in the first quarter of this year, accounted for 73.1 per cent of the total.  
The country exported $ 279.7 million worth of fruit and vegetables in March, up by 49.5 per cent over the previous month, showed the statistics figures of the General Department of Customs. The figure brought the country’s total exports of fruit and vegetables in the first quarter of this year to $ 700.6 million, increased by 29.8 per cent over the same period of 2016.
China was the list of Vietnam’s major export markets of fruit and vegetables in the first quarter of this year with the export turnover of $ 511.9 million, up by 33.29 per cent over the same period last year. It was followed by the U.S with $ 24.4 million, up by 13.26 per cent; Japan $ 22.4 million, up by 50.94 per cent and South Korea - $ 22 million, up by 18.74 per cent.
The country’s exports of fruit and vegetables to Thailand reached $% 14.7 million in the first 3 months of this year, up by 34 per cent year – on – year.
In the first three months of this year, the country’s exports of fruit and vegetables to Hong Kong increased sharply by 110.62 per cent; to Laos – up by 88.74 per cent; and to Russia – up by 88.72 per cent; while the exports to Cambodia decreased by 85.39 per cent.
Rubber: The exports of rubber were at 66,000 tons worth of $ 138 million in March, down by 26.8 per cent in quantity and 27.9 per cent in value month – on – month. The figure brought the country’s total rubber exports in the first 3 months of this year to 250,000 tons valued at $ 511 million, up by 6.7 per cent in quantity and 90.7 per cent in value year – on - year.
Seafood: The country’s exports of seafood hit $ 603 million in March, up by 41.6 per cent month – on – month. The figure brought the country’s total export of seafood in the first 3 months of this year to $ 1.51 billion, up by 7.9 per cent year – on - year.
By the end of March, the country’s export of seafood to Japan reached $ 253 million, up by 29.3 per cent; to the U.S – $ 251 million, down by 14.4 per cent; to the EU – $ 249 million, up by 2.3 per cent; to China - $ 144 million, up by 20.9 per cent; and to South Korea - $ 141 million, up by 26.4 per cent over the same period last year.
Vietnam’s seafood exports increased by 7.9 per cent over the same period last year to US$ 1.51 billion showed the statistics figures of the General Department of Customs.
The country’s total seafood exports are expected to increase by 5 per cent to $ 7.5 billion.
In March only, the country exported $ 603.3 million worth of seafood, up by 41.6 per cent over the previous month.
Japan was leading the list of the country’s biggest seafood export markets in the first quarter of this year with the export turnover of $ 252.9 million, up by 29.5 per cent over the same period last year and accounted for 16.7 per cent of the total.
It was followed by the U.S with $ 251.2 million, down by 14.8 per cent; China - $ 144.47 million, up by 17.9 per cent.
In the first quarter, the country’s exports to Kuwait fell by 48 per cent; to Rumania – down by 39.5 per cent; to Iraq – down by 57.6 per cent; and to Turkey – down by 35.5 per cent.
However, the exports to the traditional markets saw growth. The exports to Israel increased sharply by 138.6 per cent to $ 19.33 million; to Denmark – up by 107.2 per cent to $ 9.84 million; and to Brazil – up by 75.1 per cent to $ 35.92 million.
Crude oil:The country’s export of crude oil reached 470,000 tons valued at $ 181 million  in March and 1.52 million tons worth of $ 637 million in the first 3 months of this year, down by 16.2 per cent in quantity but up by 27.1 per cent in value over the same period last year.
The country’s major export markets of crude oil were China with 704,000 tons, down by 39.8 per cent; to Japan – 237,000 tons, up by 206.9 per cent; to Singapore – 193,000 tons.
Vietnam exported 1.52 million tons of crude oil worth of US$ 637.3 million in the first quarter of this year, down by 16.4 per cent in quantity but up by nearly 28 per cent in value over the same period last year, showed the preliminary statistics figures of the General Department of Customs.
China was leading the list of the country’s major crude oil export markets with 704,301 tons worth of $ 293.2 million, accounted for 46 per cent of the total.
Meanwhile, the exports to Japan reached 236,906 tons worth of $ 102.9 million, up by 207 per cent in quantity and 413 per cent in value; to Singapore – 192.744 tons worth of $ 80 million.
In the first quarter of this year, Vietnam’s exports of crude oil to Japan and Thailand increased sharply year – on – year; while the exports to the U.S, Australia and Malaysia decreased.
Coal:The country’s export of coal reached 194,000 tons valued at $ 30 million in March and 401,000 tons worth of $ 65 million in the first 11 months of this year, up by 5.1 times in quantity and 12 times in value over the same period last year.
China was the country’s biggest coal export market in the period with over 5 million tons, up by 4 per cent and accounted for 80 per cent of the total.
Vietnam’s exports of goods to Japan saw positive growth in the first quarter of this year.
In the first quarter of this year, Vietnam exported US$ 3.8 billion worth of goods to Japan, up by 17 per cent over the same quarter of 2016, showed the statistics figures of the General Department of Customs.
Japan is the third biggest export markets of Vietnam after China and the U.S.
The major commodities exported by the country to Japan in the first quarter of this year were textiles and garments with $ 715 million, up by 11.7 per cent year – on – year; means of transport and spare parts - $ 505.2 million, up by 13 per cent; machines, equipment and spare parts - $ 402.2 million, up by 15 per cent; wood and furniture - $ 256.9 million, up by 6.6 per cent; and seafood - $ 252.9 million, up by 29.5 per cent.
In the first quarter of this year, the country’s exports of crude oil to Japan increased sharply by 412.8 per cent; coal – up by 2,42 per cent to $ 26.9 million; iron and steel – up by 138 per cent to $ 3.1 million; cell phones and accessories – up by 149 per cent to $ 78 million.
However, the country’s exports of cassava and products; animal feed and materials; and pepper to Japan decreased sharply by 90 per cent; 37 per cent and 34 per cent, respectively.
 
Vietnam’s exports to Russia expected to rise
The bilateral trade exchange between Vietnam and Russia has been developing ceaselessly.
Last year, the total trade exchange between the two countries reached over $ 2.74 billion, up by 25.6 per cent year – on – year. Of the figure, the country exported $ 1.61 billion worth of goods to and importee $ 1.125 billion worth of goods from Russia.
Vietnam exported to Russia mostly cell phones and accessories; footwear of all kinds; clothes; coffee and seafood; and imported from Russia coal, iron and steel and autos. The two way trade between Vietnam and Russia is expected to reach $ 10 billion in 2020.
In the first quarter of 2017, the country’s exports of goods to Russia hit $ 416.7 million, up by 23.2 per cent over the same period of 2016. Cell phones and accessories were leading the list of items exported by the country to Russia in the period with $ 202.5 million, up by 29.2 per cent year – on – year and accounted for 48.6 per cent of the total. It was followed by textiles and garments - $ 31.4 million, up by 142 per cent; coffee - $ 28.4 million, down by 24.3 per cent; computers, electronics and components - $ 23.6 million, down by 3.3 per cent; and seafood - $ 19.5 million, up by 6.1 per cent.
In the reviewed period, the country’s exports of rice to Russia rocketed by 1,560 per cent to $ 2.2 million; machines, equipment and spare parts – up by 150 per cent; textiles and garments – up by 142 per cent; petroleum – up by 100 per cent; confectionery and grain products – up by 282 per cent. However, the exports of iron and steel were down by 76 per cent; and coffee – down by 24 per cent.
Source:thuongmai.vn/TTXVN/doanhgnghiepvietnam/Baodautu

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