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Export turnover estimated at US$ 13.4 billion in February 

 Tuesday, March 13,2018

AsemconnectVietnam - Vietnam’s export turnover was estimated at US$ 13.4 billion in February of this year, decreased by 33.7 per cent over the previous month, according to the General Statistics Office.

In February, the country’s exports of rice decreased by 27.3 per cent; textiles and garments – down by 27.7 per cent; means of transport and spare parts – down by 27.7 per cent; telephones and components – down by 31.4 per cent; computers, electronics and components – down by 32.4 per cent; seafood – down by 37.3 per cent; petroleum – down by 46.3 per cent; cashew nuts – down by 51.4 per cent; tea – down by 51.8 per cent; rubber – down by 66.2 per cent.

The export turnover in February increased by 2.5 per cent over the same month of last year. Of the figure, the export turnover of the domestic economic sector increased by 5.2 per cent while the export turnover of the foreign invested sector (including crude oil) increased by 1.4 per cent.

The exports of textiles and garments in February increased by 31.3 per cent over the same period last year; telephones and components – up by 14.6 per cent; wood and furniture – up by 8.1 per cent. Besides, the exports of computers, electronics and components decreased by 7.7 per cent; and rubber – down by 65 per cent.

In the first 2 months of this year, the country’s total export turnover was estimated at $ 33.62 billion, increased by 22.9 per cent over the same period last year. Of the figure, the exports of the domestic economic sector reached $ 9.66 billion, up by 25.7 per cent; and the exports of the foreign invested sector (including crude oil) reached $ 23.96 billion, up by 21.8 per cent.

In the first two months, the country’s exports of telephones and components reached $ 6.6 billion, up by 41.7 per cent; textiles and garments - $ 4.3 billion, up by 22.3 per cent; computers, electronics and components - $ 4 billion, up by 19.2 per cent; footwear of all kinds - $ 2.3 billion, up by 11.9 per cent; machines, equipment and spare parts - $ 2.1 billion, up by 19.5 per cent; means of transport and spare parts - $ 1.3 billion, up by 19.7 per cent; wood and furniture -  $ 1.3 billion, up by 20.1 per cent; seafood - $ 1.1 billion, up by 20.4 per cent; fruit and vegetables - $ 604 million, up by 43.4 per cent; cashew nuts - $ 471 million, up by 65.3 per cent; rice - $ 413 million, up by 32.1 per cent.

However, the exports of crude oil decreased by 12.9 per cent to $ 395 million; pepper – down by 23 per cent to $ 117 million.
China was still the country’s leading export market with the export turnover of $ 6.2 billion, increased sharply by 64.8 per cent over the same period last year. It was followed by the U.S - $ 6 billion, up by 14 per cent; the EU - $ 5.8 billion, up by 15 per cent; ASEAN - $ 3.5 billion, up by 11.2 per cent; Japan - $ 2.6 billion, up by 11.1 per cent; and South Korea - $ 2.6 billion, up by 36.4 per cent.
CK
Source: General Statistics Office

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