According to General Statistics Office, in September, total preliminary import-export turnover of goods reached 65.81 billion USD, down 8% compared to previous month and up 10.9% over the same period last year. In the first 9 months of 2024, total preliminary import-export turnover of goods reached 578.47 billion USD, up 16.3% over the same period last year. Of which, exports increased by 15.4%; imports increased by 17.3%. Trade balance of goods had a surplus of 20.79 billion USD.
Specifically, export turnover of goods in September 2024 reached 34.05 billion USD, down 9.9% compared to the previous month. Out of which, domestic economic sector reached 9.39 billion USD, down 14.4%; foreign-invested sector (including crude oil) reached 24.66 billion USD, down 8.1%. Compared to the same period last year, export turnover of goods in September increased by 10.7%, of which, domestic economic sector increased by 16.0%; foreign-invested sector (including crude oil) increased by 8.8%.
In the third quarter of 2024, export turnover reached 108.6 billion USD, up 15.8% over the same period last year and up 10.6% compared to the second quarter of 2024.
In the first 9 months of 2024, total export turnover of goods reached 299.63 billion USD, up 15.4% over the same period last year. Of which, domestic economic sector reached 83.47 billion USD, up 20.7%, accounting for 27.9% of total export turnover; foreign-invested sector (including crude oil) reached 216.16 billion USD, up 13.4%, accounting for 72.1%.
In the first 9 months of 2024, there were 30 items with export turnover of over 1 billion USD, accounting for 92.3% of total export turnover, of which, there were 7 items with export turnover of over 10 billion USD, accounting for 66.4%.
Regarding structure of export groups in the first 9 months of 2024, group of fuels and minerals reached 3.29 billion USD, accounting for 1.1%; processed industrial goods group reached 263.47 billion USD, accounting for 87.9%; agricultural and forestry products group reached 25.64 billion USD, accounting for 8.6%; aquatic products group reached 7.23 billion USD, accounting for 2.4%.
Meanwhile, import turnover of goods in September 2024 reached 31.76 billion USD, down 5.9% compared to previous month. Of which, domestic economic sector reached 10.94 billion USD, down by 10%; foreign-invested sector reached 20.82 billion USD, down 3.6%. Compared to the same period last year, import turnover of goods in September increased by 11.1%, of which, domestic economic sector increased by 8.4%; foreign-invested sector increased by 12.5%.
In the third quarter of 2024, import turnover reached 99.74 billion USD, up 17.2% over the same period last year and up 6.1% over the second quarter of 2024.
In the first 9 months of 2024, import turnover of goods reached 278.84 billion USD, up 17.3% over the same period last year. Of which, domestic economic sector reached 100.85 billion USD, up 18.8%; foreign-invested sector reached 177.99 billion USD, up 16.5%.
In the first 9 months of 2024, there were 40 imported goods with a value of over 1 billion USD, accounting for 91.5% of total import turnover; of which, there were 3 imported goods with a value of over 10 billion USD, accounting for 45%.
Regarding structure of imported goods in the first nine months of 2024, group of production materials reached 261.5 billion USD, accounting for 93.8%. Of which, group of machinery, equipment, tools and spare parts accounted for 47.3%; group of raw materials, fuels and materials accounted for 46.5%. group of consumer goods reached 17.34 billion USD, accounting for 6.2%. Regarding import and export market of goods in the first nine months of 2024, the United States is Vietnam's largest export market with an estimated turnover of 89.4 billion USD. China is Vietnam's largest import market with an estimated turnover of 105 billion USD. In the first nine months of 2024, trade surplus to the United States is estimated at 78.5 billion USD, up 31% over the same period last year; trade surplus to the EU is estimated at 25.9 billion USD, up 20.8%; trade surplus to Japan is 1.9 billion USD, up 28.8%; trade deficit with China of 61.4 billion USD, up 70.1%; trade deficit with South Korea of 22.6 billion USD, up 9.2%; trade deficit with ASEAN of 6.2 billion USD, up 9.3%.
Trade balance of goods in September had a trade surplus of 2.29 billion USD. In the first 9 months of 2024, trade balance of goods had a trade surplus of 20.79 billion USD (the same period last year had a trade surplus of 22.1 billion USD). Of which, domestic economic sector had a trade deficit of 17.38 billion USD; foreign-invested sector (including crude oil) had a trade surplus of 38.17 billion USD.
Regarding service exports and imports, in the third quarter of 2024, service export turnover is estimated at 5.9 billion USD, up 12% over the same period in 2023 and up 4.2% over the previous quarter; Service import turnover is estimated at 9.8 billion USD, up 26% over the same period last year and up 11.8% over the previous quarter.
In the first 9 months of 2024, service export turnover is estimated at 17.4 billion USD, up 18.8% over the same period in 2023, of which tourism services reached 8.8 billion USD (accounting for 50.6% of total turnover), up 33.4% over the same period last year; transportation services reached 4.9 billion USD (accounting for 28.1%), up 7.9%.
Service import turnover in the first 9 months of 2024 is estimated at 26.6 billion USD (including transportation and insurance service fees for imported goods of 8.8 billion USD), up 26.8% over the same period last year; of which transportation services reached 10.7 billion USD (accounting for 40.2% of total turnover), up 17.7%; tourism services reached 9.3 billion USD (accounting for 34.7%), up 68%.
Trade deficit in services in the first 9 months of 2024 is 9.2 billion USD.

Source: Vitic/ congthuong.vn