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Vietnam – Austria trade exchange in October and 10 months of 2024 

 Monday, November 25,2024

AsemconnectVietnam - According to Vietnam customs statistics, in the first 10 months of 2024, Austria's export turnover to Vietnam reached over 374.4 million USD, an increase of 12.64% over the same period of 2023.

In October of 2024 alone, Austria's export turnover to Vietnam reached over 47 million USD, an increase of 6.05% over September and an increase of 47% over the same period of 2023.
Pharmaceuticals of all kinds led the list of Austria's export items to Vietnam in the first 10 months of 2024 with a turnover value of over 115 million USD, accounting for 36% of Austria's total export turnover to Vietnam and an increase of 40.1% over the same period of 2023.
Machinery, equipment and spare parts ranked second with a turnover reached nearly 81.7 million USD, accounting for 19% of Austria's total export turnover of goods to Vietnam in the first 10 months of 2024 and increased by 63.2% over the same period of 2023.
Vietnam's import turnover of goods from Austria in October and the first 10 months of 2024
Name of group of items
October of 2024
First 10 months of 2024
Value
(USD)
Vs. September of 2024 (%)
Vs. October of 2023
(%)
Value
(USD)
Vs. first  10 months of 2023 (%)
TOTAL
47,135,597
6.05
47.33
374,413,813
12.64
Pharmaceuticals
11,023,329
14.03
87.03
115,137,085
40.09
Others
12,136,769
-1.35
104.66
81,694,739
63.21
Machines, equipments, tools and spare parts
12,541,536
59.19
41.38
60,005,516
-17.39
Glass and products
2,132,333
46.55
74.38
20,661,729
36.24
Fibers of all kinds
2,970,330
30.80
867.35
19,864,101
71.76
Precious stones, metals and products
2,111,025
57.57
-18.71
19,185,628
-18.74
Computers, electronics and components
1,697,253
1.56
-7.02
15,424,986
11.18
Other ordinary metals
705,118
-80.51
54.00
10,233,721
83.62
Iron and steel of all kinds
171,48
-87.43
-91.22
8,896,585
-11.73
Chemicals
139,945
-79.81
18.73
6,191,921
-15.36
Iron and steel products
424,064
-36.38
-18.87
6,002,541
-8.58
Paper of all kinds
278,709
-63.57
161.04
4,421,294
-21.69
Animal feed and materials
364,001
-33.73
-5.67
4,290,100
39.09
Textile, garment, leather and footwear materials
245,706
20.06
-19.26
2,209,643
12.33
Pharmaceutical materials
194
 
65.74
194,225
-73.09
Source: calculated from Vietnam’s customs statistics
Also according to Vietnam customs statistics, in the first 10 months of 2024, Austria's total import turnover of goods from Vietnam reached over 1.74 billion USD, down by nearly 22% compared to the same period of 2023.
In October of 2024 alone, Austria's import of goods from Vietnam reached 206 million USD, up by 48.5% compared to September of 2024 and down by 4.29% compared to October of 2023.
Phones of all kinds and components topped the list of Austria's main commodity groups imported from Vietnam in the first 10 months of 2024 with a turnover of 1.26 billion USD, accounting for 73% of Austria's total import value of goods from Vietnam and down by 25.5% compared to the same period of 2023.
In October of 2024 alone, Austria's import of phones of all kinds and components from Vietnam reached a turnover value of over 139 million USD, up by 68.8% compared to September of 2024 but down by 15.2% compared to September of 2023.
Machinery, equipment and spare parts ranked second in the list of Austria's main commodity groups imported from Vietnam in the first 10 months of 2024 with a turnover value of nearly 192.6 million USD, accounting for 11% of the total value of Austrian goods imported from Vietnam in the first 10 months of 2024 and down by 3.67% compared to the same period last year.
Export turnover of Vietnamese goods to Austria in October and the first 10 months of 2024
Name of group of items
October of 2024
First 10 months of 2024
Value
(USD)
Vs. September of 2024 (%)
Vs. October of 2023
(%)
Value
(USD)
Vs. first  10 months of 2023 (%)
TOTAL
206,094,607
48.54
-4.29
1,742,806,471
-21.91
Phones and accessories
139,428,896
68.81
-15.20
1,260,492,069
-25.46
Others
37,369,241
12.93
57.62
246,802,696
-13.27
Machines, equipment, tools and spare parts
24,664,293
33.02
2.41
192,615,569
-3.67
Footwear of all kinds
2,624,080
2.78
83.98
22,344,509
-8.80
Textiles and garments
1,399,344
6.48
38.69
10,497,149
3.13
Textile, garment, leather and footwear materials
141,39
-60.80
-77.02
8,291,036
-60.29
Wood and furniture
467,362
77.87
601.67
1,563,530
189.76
Ceramic and porcelain products
 
-100.00
 
140,395
 
Bamboo, rattan, sedge and carpet products
 
 
 
59,518
17.35
Source: calculated from Vietnam’s customs statistics
CK
Source: VITIC

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