AsemconnectVietnam - In the first half of 2024, Vietnam’s export turnover of goods was estimated to reach 190.08 billion USD, up by 14.5% over the same period last year, of which the group of processed industrial goods accounted for 87.7%.

According to the recently published report of the General Statistics Office, Vietnam’s merchandise export turnover in June of 2024 was estimated to reach 33.09 billion USD, up by 2.6% over the previous month and up by 10.5% over the same period last year. In the second quarter of 2024, the country’s export turnover was estimated to reach 97.2 billion USD, up by 12.5% over the same period last year and up by 4.6% over the first quarter of 2024.
In the first 6 months of 2024, the country’s merchandise export turnover was estimated to reach 190.08 billion USD, up by 14.5% over the same period last year. Of which, the export turnover of the domestic economic sector reached 53.39 billion USD, an increase of 20.6%, accounting for 28.1% of total export turnover; The export turnover of the foreign invested sector (including crude oil) reached 136.69 billion USD, an increase of 12.3%, accounting for 71.9%. Regarding the structure of export goods in the first 6 months of 2024, the export turnover of the group of processed industrial goods was estimated to reach 166.79 billion USD, accounting for 87.7%.
In the opposite direction, Vietnam’s import turnover of goods in June of 2024 was estimated to reach 30.15 billion USD, down by 7.9% over the previous month and up by 13.1% over the same period last year. In the second quarter of 2024, the country’s import turnover was estimated to reach 93.4 billion USD, up by 19.8% over the same period last year and up by 9.7% over the first quarter of 2024.
In general, in the first 6 months of 2024, the country’s import turnover of goods was estimated to reach 178.45 billion USD, up by 17.0% over the same period last year. Of which, the export turnover of the domestic economic sector reached 65.74 billion USD, increased by 22.3%; and the export turnover of the foreign investment sector reached 112.71 billion USD, an increase of 14.1%. Regarding the structure of imported goods in the first six months of 2024, the export turnover of the group of capital goods was estimated to reach 167.73 billion USD, accounting for 94% of the total.
Regarding the import-export market of goods in the first six months of 2024, the United States was Vietnam's largest export market with an estimated turnover of 54.3 billion USD. China was Vietnam's largest import market with an estimated turnover of 67 billion USD.
The trade balance of goods in June was estimated at a trade surplus of 2.94 billion USD. In the first six months of 2024, the trade balance of goods was estimated to have a trade surplus of 11.63 billion USD (in the same period last year, the trade surplus was 13.44 billion USD). Of which, the domestic economic sector's trade deficit was 12.35 billion USD; while the foreign invested sector (including crude oil) had a trade surplus of 23.98 billion USD.
CK
Source: VITIC/congthuong.vn