In February only, the country’s export turnover was estimated at US$ 13.4 billion, 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.

Leading export items in first two months
By the end of February, the country’s 6 export items have reached the export turnover of over US$ 1 billion, according to the latest estimate released by the General Department of Customs.
Seafood has just joined the “$1 billion club” with the export turnover of $ 1.1 billion in the first two months of this year, up by 20.4 per cent over the same period last year.

In the first two months, the exports of telephones and components were estimated at $ 6.63 billion, up by 41.7 per cent over the same period of 2017. Telephones and components were the country’s leading export item in the period.
Meanwhile, the exports of textiles and garments reached $ 4.3 billion, up by 22.3 per cent year – on – year.

The exports of computers, electronics and components were estimated at nearly $ 4 billion, up by 19.2 per cent; footwear of all kinds - $ 2.27 billion, up by 11.9 per cent; wood and furniture - $ 1.27 billion, up by 20.1 per cent.
By the end of February, the country’s export turnover totaled $ 33.62 billion, up by 22.9 per cent over the same period last year. The exports of
Of the figure, the export turnover of 6 leading items reached $ 19.57 billion, accounted for 58.2 per cent of the total.

Exports of farm-forestry-fishery products hit US$ 6.1 billion
Vietnam’s exports of farm, forestry and seafood products in February 2018 was estimated at US$ 2.6 billion, raising the total export turnover of those products in the first two months of 2018 to $ 6.1 billion, up by 30.2 per cent against the same period last year, according to the Ministry of Agriculture and Rural Development.

In the first two months of this year, the country’s export value of key farm products reached $ 3.3 billion, increased by 27.8 per cent year – on - year.
Meanwhile, the export revenue from seafood products reached $ 1.2 billion, up by 29.5 per cent and from forestry products reached $1.43 billion, increased by 28.5 per cent.
In February, Vietnam exported 369,000 tons of rice worth of $ 179 million, raising the rice exports in the first two months of this year to 861,000 tons, worth of $ 419 million, up by 17.2 percent in quantity and nearly 34 per cent in value over the same period of 2017.

Other products saw increases in both volume and value, including coffee, tea, cashew nuts, vegetable and fruits, cassava, and cassava products.
Cashew nut exports topped the list in the first two months of the year with 54,000 tons worth of $ 555 million, up by over 73 per cent in quantity and nearly 95 per cent in value compared with the same period last year. It was followed by vegetables and fruit with $ 672 million, up by 59.5 per cent.

According to the Ministry, the country’s imports of farm, forestry and seafood products were estimated at $ 2.53 billion in February and $ 5.29 billion in the first two months of this year, a year-on-year increase of 30.6 per cent. Of the figure, the imports of key farm products were estimated at $ 4.12 billion, up by 33.3 per cent year – on – year.
CK
Source baohaiquan.vn/Vietnamplus.vn/ GSO