The information was given in 'Vietnam Import-Export Report 2023' announced by Ministry of Industry and Trade on May 16, in Hanoi.
Specifically, in 2023, exports of processed industrial goods reached 301.1 billion USD, down 5.7% over the same period, accounting for nearly 85% of total export turnover. There are 6 items in group of processed industrial goods with export turnover of over 10 billion USD, including: Phones reaching 52.4 billion USD, down 9.7% compared to the previous year; computers, electronic products and components reached 57.3 billion USD, an increase of 3.2%; machinery, equipment, tools and spare parts reached 43.1 billion USD, down 5.7%; textiles and garments reached 33.3 billion USD, down 11.4%; Footwear of all kinds reached 20.2 billion USD, down 15.3%.
Export of computers, electronic products and components topped the billion USD group
In 2023, export turnover of computers, electronic products and components reached 57.3 billion USD, an increase of 3.2% compared to 2022. This is a product group accounting for the highest proportion of total export turnover of the whole country (accounting for 16.2%).
Vietnam's group of computers, electronic products and components are mainly exported to markets such as the United States, China, Korea, EU, Hong Kong... Some export markets have increased turnover, comparing to 2022 including the United States, China, South Korea and India. Export turnover to the US market reached the highest value of 17 billion USD, an increase of about 6.8% compared to 2022; Exports to the second-ranked Chinese market reached 13.1 billion USD, an increase of 9.8%; to Korean market reached about 4.8 billion USD, an increase of 42.6%; to Indian market reaching about 1.95 billion USD, an increase of 88% compared to 2022.
Markets recording a decline in exports compared to 2022 include Hong Kong (China), EU, ASEAN and Japan. Out of which, export to Hong Kong market (China) reached about 5.54 billion USD, down 5.8%; to EU reached about 5.5 billion USD, down 13%; to ASEAN reached about 2.5 billion USD, down 25.9%.
The report clearly states that in 2023, total export turnover of all types of phones and components reached about 52.4 billion USD, down 9.7% compared to 2022. This is the second product group in terms of turnover among Vietnam's export commodity group (behind computers, electronic products and components), accounting for 14.8% of the country's total export turnover.
Complete phone brands with high export turnover include: Samsung, Google, Iphone, Nokia and Xiaomi. Phone component brands with high export turnover include Samsung, LG and Sony.
Export turnover to some markets still recorded an increase compared to 2022 including: China, EU, ASEAN, UK and Japan. Export turnover to China reached the highest, about 16.9 billion USD, up 3.7% compared to 2022, accounting for 32% of export proportion. Exports to EU reach about 6.7 billion USD, up 3% compared to 2022; to ASEAN reached 2.1 billion USD, an increase of 5.7%; to UK reached about 1.32 billion USD, an increase of 15.9%; to Japan reached about 1.1 billion USD, an increase of 12.8% compared to 2022.
With all kinds of phones and components, exports to many markets in 2023 recorded a decrease compared to 2022, including: the United States, down 33.5% (reaching 7.9 billion USD), Korea down 30.5% (about 3.5 billion USD), UAE down 3.7% (about 2.1 billion USD), Hong Kong (China) down 30.7% (about 1.4 billion USD) ).
According to statistics from General Department of Customs, in 2023, the country's export turnover of machinery, equipment, tools and other spare parts reached nearly 43.1 billion USD, down 5.7% compared to 2022, accounting for 12.2% of the country's total export turnover. In particular, export value of machinery, equipment, tools and other spare parts of FDI enterprises reached nearly 39.5 billion USD, down 7.2%, accounting for 91.5% of total machinery exports of the whole country.
Regarding export markets, the United States, EU, ASEAN, China, Korea, Japan and UK are major export markets for Vietnam's machinery, equipment, tools and other spare parts in 2023.
The United States is Vietnam's largest export market for machinery, equipment, tools and other spare parts in 2023 with a turnover of nearly 18.2 billion USD, down 9.8% compared to 2022, accounting for 42% of markeshare of the country's total export turnover of machinery, equipment, tools and other spare parts.
Export of machinery, equipment, tools and other spare parts to the EU market ranked second, reaching 5.54 billion USD, down 1.5% compared to 2022. Out of which, the Netherlands and Germany are two largest export markets.
The next are markets: ASEAN accounts for 7.1%; China accounts for 7.0%; South Korea accounts for 6.4%; Japan accounts for 6.4%; UK accounts for 2.4%,... Notably, exports of machinery, equipment, tools, and other spare parts to a number of small markets in 2023 increased sharply compared to 2022 such as: Finland increased by 124, 0%; Mozambique increased by 119.1%; Saudi Arabia increased by 103.0%; Checks increased by 69.5%; Türkiye increased by 48.5%; Russia increased by 43.9%…
Textile and garment exports surged
According to statistics from General Department of Customs, in 2023, the country's textile and garment export turnover reached 33.3 billion USD, down 11.4% compared to 2022. Textile fibers of all kinds reached 4 4 billion USD, down 7.6% compared to 2022. Exports in 2023 for the entire industry reached about 40 billion USD.
Although export turnover decreased, in general textile and garment products showed signs of recovery in the second half of 2023. Cause of this decline is that textile and garment industry faces many challenges from impact of current world economic and domestic economic situation, in which inflation problems in key markets such as the United States and Europe cause reduced purchasing power, decreased orders, increased interest rates and exchange rate differences,...
Regarding markets, in 2023, Vietnam's textiles and garments exported the most to 6 markets including the United States, Japan, Korea, EU, China, and Canada.
The year 2023 record growth compared to 2022 in markets of Russia, Saudi Arabia, Spain, Australia, India,... In addition, textile and garment enterprises will also penetrate a number of new markets in Africa and the Middle East. This contributes to preventing export turnover of the textile and garment industry from falling deeply in the context of a sharp decline in purchasing power. Some markets dropped a lot, especially Europe, including the UK down 16.8%, Finland down 21%, Norway down 36.8%, France down 37.2%, Denmark down 40.9%. Textile and garment exports to the US and Canadian markets decreased by over 16%. Exports to China decreased slightly at 6.8%.
For leather and footwear industry, in 2023, the industry's export turnover reach 24.0 billion USD, down 14.2% compared to 2022. Out of which, footwear exports reached 20.2 billion USD, down 15.3%, accounting for 5.7% of the country's total exports. Export turnover of handbags, suitcases, hats and umbrellas reached 3.78 billion USD, down 7.8% compared to 2022. Although turnover in 2023 decrease, the export market of the leather and footwear industry increase recovery in the last months of the year.
In terms of market, the most important export market for footwear is the United States reaching 7.16 billion USD, down 25.5% compared to 2022 (accounting for 35.4% of footwear exports). Second, the EU market reached 4.82 billion USD, down 17.5% and accounting for 23.8% of footwear export value (a number of important markets in the EU all recorded a sharp decline). Belgium reached 1.2 billion USD, down 26.3%, Netherlands reached 1.0 billion USD, down 5.7%, Germany reached 943.0 million USD, down 27.1%).
Some other large export markets are the Chinese market reaching 1.87 billion USD, an increase of 9.4% compared to 2022; Japan reached 1.05 billion USD, down 4.2%; UK reached 795.1 million USD, up 3.9%; Korea reached 626.6 million USD, down 3.7%; Canada reached 469.5 million USD, down 22.4%; Mexico reached 425.3 million USD, up 3.3%; UAE reached 216.3 million USD, up 7.1%...

Source: Vitic/ congthuong.vn