Exports in first two months and main items
Thursday, March 29,2018AsemconnectVietnam - The figures of the General Statistics Office showed that, Vietnam’s total export value was estimated at US$ 33.62 billion in the first two months of this year, a year – on - year increase of 22.9 per cent.
Exports in February
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.
Exports of goods in the first 2 months
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.
Export markets
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 in the first two months
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.
Main items exported in first two months of 2018
In the first two months of 2018, the exports of top ten items accounted for 72.4 per cent of the total, showed the statistics figures of the General Department of Customs.
The leading items in the period were as followed:
Telephones and components: Vietnam exported $ 3.4 billion worth of telephones and components in February and $ 7.33 billion in the first two months of this year, up by 56.6 per cent compared with the same period of 2017.
The main export markets of telephones and components in the period were EU (28 countries) with over $ 2 billion, up by 42 per cent year – on – year; China with $ 1.22 billion, up by 12 times; and South Korea - $ 797 million, up by 73 per cent.
Textiles and garments: The country exported $ 1.63 billion worth of textiles and garments in February and $ 4.12 billion in the first two months of this year, up by 17.3 per cent year – on - year.
The leading export markets of textiles and garments in 2017 were the U.S with $ 1.96 billion, up by 15 per cent year – on – year; EU (28 countries) - $ 552 million, up by 13.7 per cent; Japan - $ 537 million, up by 23.3 per cent; and China - $ 177 million, up by 46.7 per cent compared with the previous year.
Computers, electronic products and components: Vietnam earned $ 1.72 billion from export of computers, electronic products and components in February of 2018, down by 27.4 per cent compared with the previous month. The figure brought the country’s total exports of computers, electronics and components in the first two months of this year to over $ 4.08 billion, increased by 22.7 per cent compared with the same months of 2017.
The major export markets of computers, electronic products and components in the period were China with $ 1.14 billion, up by 22.8 per cent year – on – year; the E.U - $ 762 million, up by 22.8 per cent; South Korea - $ 420 million, up by 83.8 per cent.
Footwear of all kinds: The export of footwear of all kinds reached $ 837 million in February and $ 2.25 billion in the first two months of this year, up by 11.2 per cent year – on - year.
The country’s top export markets of footwear of all kinds in the first two months of this year were the U.S with $ 800 million, up by 22.6 per cent year – on – year; the E.U (28 countries) - $ 644 million, down by 1.2 per cent; China –$ 227 million, up by 29.7 per cent.
Machines, equipment, tools and spare parts: The country earned nearly $ 983 million from exports of machines, equipment, tools and spare parts in February and $ 2.2 billion in the first two months of this year, up by 24 per cent over the same period last year.
The main export markets of machinery, equipment, tools and spare parts in the first two months of this year were the U.S with $ 359 million, down by 5.3 per cent year – on – year; to the EU (28 countries) – $ 331 million, up by 42.2 per cent; and to Japan - $ 259 million, up by 6.3 per cent.
Means of transport and spare parts: The country’s exports of means of transport and spare parts hit $ 544 million in February, down by 28.5 per cent month – on – month. The figure brought the country’s total export of means of transport and spare parts in the first two months of this year to $ 1.31 billion, up by 19.2 per cent year – on - year.
In the first two months, the country’s export of means of transport and spare parts to Japan reached $ 365 million, up by 15.8 per cent; to the U.S - $ 173 million, up by 28.7 per cent; and to India - $ 91 million, up by 54 folds over the same period last year.
Wood and furniture: The country’s exports of wood and furniture hit $ 437 million in February, down by 43.5 per cent month – on – month. The figure brought the country’s total export of wood and furniture in the first two months of this year to $ 1.21 billion, up by 14.1 per cent year – on - year.
In the first two months, the country’s exports of wood and furniture to the U.S reached $ 474 million, up by 14.8 per cent; to China - $ 170 million, up by 8.7 per cent; and to Japan - $ 169 million, up by 8.5 per cent year – on - year.
Seafood: The country’s export of seafood hit $ 405 million in February, down by 39.5 per cent month – on – month. The figure brought the country’s total export of seafood in the first two months of this year to $ 1.07 billion, up by 18.4 per cent year – on - year.
In the first two months of this year, the country’s export of seafood to EU reached $ 186 million, up by 23.3 per cent; the U.S – $ 165 million, up by 9 per cent; to Japan – $ 159 million, up by 7.4 per cent over the same period last year.
Cameras, camcorders and components: The exports of cameras, camcorders and components reached $ 276 million in February and $ 769 million in the first two months of this year, up by 52.2 per cent over the same period last year.
The exports of cameras, camcorders and components to China in the first two months totaled $ 401 million, up by 32.2 per cent; and to Hong Kong reached $ 187 million, up by 46.5 per cent year – on – year.
Iron and steel of all kinds: Vietnam’s exports of iron and steel of all kinds hit 476,000 tons worth of $ 337 million, up by 6.7 in quantity and 4.9 per cent in value compared with the previous month. The figure of the first two months of this year was 920,000 tons worth of $ 655 million, up by 39.7 per cent in quantity and 59.2 per cent in value.
The major export markets of iron and steel of all kinds in the first two months of this year were Cambodia with $ 105 million, up by 70.8 per cent; the U.S - $ 104 million, up by 120 per cent; Indonesia - $ 93 million, up by 51.7 per cent.
CK
Source: VITIC/baohaiquan.vn/Vietnamplus.vn/GSO
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