According to statistics released by General Department of Customs on afternoon of September 11, in August, export turnover reached 37.79 billion USD, up 4.3% over the previous month. In August, there were 7 groups of goods with turnover of 1 billion USD or more, including: computers, electronic products and components; phones of all kinds and components; machinery, equipment, tools, spare parts; textiles; footwear; wood and wood products; means of transport and spare parts.
In the first 8 months, total export turnover reached 265.44 billion USD, up 15.9% over the same period last year.
In contrast, imports recorded a turnover of 33.74 billion USD in August, down slightly by 0.4% compared to previous month.
Groups of imported goods worth billions of dollars in August included: computers, electronic products and components; machinery, equipment, tools, spare parts; fabrics; iron and steel.
Accumulated by end of August, total import turnover of the whole country reached 246.87 billion USD, up 18.1% over the same period last year.
Thus, from the beginning of the year to the end of August, total import-export turnover of the whole country reached 512.31 billion USD. Trade balance surplus is 18.57 billion USD, lower than figure of nearly 20 billion USD in 2023.
Talking to reporters of Industry and Trade Newspaper, Dr. Le Quoc Phuong - former Deputy Director of Center for Industry and Trade Information, Ministry of Industry and Trade said that in the first 8 months of 2024, in general, macro indicators all grew relatively positively, in which import and export increased by nearly 17%, which is a bright spot of the economy.
Notably, in current structure of export goods, agricultural and mineral groups account for only 12%; industrial group accounts for over 88%. Thus, high export increase is mainly due to high export of industrial goods. This reflects goals set out in import-export strategies and plans.
Agricultural production is also showing many positive signs, although climate change is still complicated. Thanks to that, Vietnam has an abundant source of agricultural products for export in the context of rising export prices.
In coming time, experts believe that Ministry of Industry and Trade needs to continue to implement solutions to provide early information about market and at the same time, protect export goods by strengthening early warnings of trade defense solutions.
2022 is considered a record year for import and export, exceeding 732 billion USD, of which exports exceeded 371 billion USD for the first time. In 2023, affected by global economic and trade downturn, import and export reached 681.1 billion USD, of which exports reached 354.7 billion USD, imports reached 326.4 billion USD.
With current order situation and looking at the acceleration of raw material imports, import and export are likely to surpass the record of 2022.

Source: Vitic/ congthuong.vn