According to data from Foreign Investment Agency (Ministry of Planning and Investment), export turnover of the foreign investment (FDI) sector increased in January 2024.
Specifically, exports including crude oil are estimated at more than 24.82 billion USD, up 7.8% over the same period last year and accounting for 73% of the country's export turnover. Exports excluding crude oil are estimated to reach 27.7 billion USD, up 7.9% over same period in 2023, accounting for 72.6% of the country's export turnover.
Also in January 2024, imports of the foreign-invested enterprise sector are estimated to reach 21.3 billion USD, up 37% over same period in 2023 and accounting for 63.6% of the country's total import turnover.
Overall, in January 2024, foreign invested enterprise sector had a trade surplus of over 3.5 billion USD including crude oil and a trade surplus of 3.4 billion USD excluding crude oil. Meanwhile, domestic business sector had a trade deficit of more than 3 billion USD.
Previously, in 2023, exports (including crude oil) of the foreign-invested enterprise sector were estimated to reach nearly 258.8 billion USD, accounting for 73.1% of Vietnam's export turnover in 2023. Exports excluding crude oil are estimated at more than 256.9 billion USD, accounting for 72.6% of the country's export turnover.
Imports of foreign-invested enterprise sector are estimated to reach more than 210 billion USD, accounting for 64.2% of the country's import turnover in 2023. Although export turnover decreased in 2023, foreign investment sector still have a trade surplus of nearly 48.8 billion USD including crude oil and nearly 46.9 billion USD excluding crude oil. Meanwhile, domestic business sector had a trade deficit of more than 21.9 billion USD.

Source: Vitic/ congthuong.vn