AsemconnectVietnam - There was an upward trend in June, but the total import and export turnover in the first 6 months of the year still decreased sharply compared to the same period last year.

Specifically, the total export turnover of the country in June of 2023 reached 29.45 billion USD, up by 5% compared to May of 2023; while imports reached 26.36 billion USD, up by 1.3%.
The important contributions to the rebound of export activities were key commodity groups such as phones, computers, textiles, etc.
In June, there were 7 groups of exports with a turnover of 1 billion USD or more, including: computers, electronic products and components; phones and components; machinery, equipment, tools and spare parts; textile; footwear; means of transport and spare parts; wood and wood products.
Notably, 5/7 commodity groups had positive growth in turnover compared to the previous month. Specifically, the exports of phones and components reached 4 billion USD, up by 37.2%; computers, electronic products and components reached more than 5 billion USD, up by 13.2%; textile and garment reached 3 billion USD, up by 4.9%; means of transport and spare parts reached USD 1.17 billion, up by 0.7%; wood and wood products reached more than 1 billion USD, up by 3.7%.
Although there was an upward trend in June, in the first 6 months of 2023, the total import and export turnover of the whole country still decreased deeply.
Specifically, in the past 6 months, the total import-export turnover reached 316.52 billion USD, down by 15.2%, equivalent to a decrease of 56.67 billion USD over the same period in 2022. In which, the exports reached 164.68 billion USD, down by 12% (corresponding to a decrease of 22.49 billion USD) and imports reached USD 151.84 billion, down by 18.4% (equivalent to a decrease of 31.18 billion USD).
The country's merchandise trade balance in the first 6 months of 2023 had a surplus of 12.84 billion USD, much higher than the surplus of 1.16 billion USD in the same period of 2022.
CK
Source: VITIC/ haiquanonline.com.vn