According to General Department of Customs, in June 2024, total import-export turnover of the whole country reached 64.12 billion USD, down 1.3% (equivalent to a decrease of 0.88 billion USD) compared to the previous month.
Of which, exports in the month reached 33.66 billion USD, up 4.3% (equivalent to an increase of 1.39 billion USD) compared to the previous month; imports in the month reached 30.46 billion USD, down 6.9% (equivalent to a decrease of 2.27 billion USD).
In June, Vietnam had a trade surplus of 3.2 billion USD.
In the first 6 months of the year, total import-export turnover of Vietnam reached 369.62 billion USD, up 16% (equivalent to an increase of 51.08 billion USD) compared to the same period last year.
Of which, exports reached 190.73 billion USD, up 14.9% (equivalent to an increase of 24.74 billion USD).
By the end of June, there were 5 export commodity groups with export turnover of 10 billion USD or more, including: Computers, electronic products and components reached 33.67 billion USD, up 31.5%; phones and components reached 27.15 billion USD, up 11%; machinery, equipment, tools and spare parts reached 23.16 billion USD, up 17.3%; textiles reached 16.52 billion USD, up 4.6%; footwear reached 10.72 billion USD, up 8.8%.
In contrast, by the end of June, import turnover reached 178.88 billion USD, up 17.3% (equivalent to an increase of 26.34 billion USD) compared to the same period last year.
The 2 import commodity groups with turnover of tens of billions of dollars were computers, electronic products and components reached 49.32 billion USD, up 27.9%; machinery, equipment, tools, spare parts reached 22.4 billion USD, up 15.1%
By the end of June, Vietnam's trade balance of goods had a surplus of 11.85 billion USD.
Thus, import and export turnover of goods is showing many positive signs when it continues to grow steadily at double digits, instead of declining like in the second half of last year.
To promote import and export of goods from now until end of this year, Ministry of Industry and Trade has determined: Closely monitor market developments and policy changes of partners to propose appropriate solutions, diversify traditional and new export markets. At the same time, continue to promptly inform industry associations about developments in export market so that enterprises can promptly adjust their production plans appropriately, orient to seek orders from markets; regularly maintain trade promotion conferences with Vietnam Trade Office system abroad.
In addition, direct Vietnam Trade Office system in market areas to regularly update information on foreign market situations; regulations, standards and conditions of foreign markets that may affect Vietnam's import and export activities and make recommendations to localities, associations and import and export enterprises. Ministry of Industry and Trade also strives to effectively exploit Free Trade Agreements (FTAs), accelerate negotiations, sign FTAs and establish new economic links to diversify markets, supply chains, and boost exports; develop logistics services; support businesses to strongly shift to official exports associated with brand building;
In addition, strengthen capacity of trade defense, perfect legal system, institution and inter-sectoral and local coordination mechanisms; proactively monitor and protect legitimate interests of domestic manufacturing industries; continue to improve and promote early warning of foreign trade defense cases against Vietnamese export goods; continue to promote fight against evasion of trade defense measures and origin fraud; strengthen information work and disseminate knowledge about trade defense for manufacturing industries and enterprises.

Source: Vitic/ congthuong.vn