AsemconnectVietnam - In November, the total export and import turnover of goods reached 66.4 billion USD, down by 4.1% compared to the previous month and up by 9.0% compared to the same period last year.

The data from the General Statistics Office showed that in the 11 months of 2024, the total export and import turnover of goods reached 715.55 billion USD, up by 15.4% over the same period last year, of which exports increased by 14.4%; and imports increased by 16.4%. The trade balance of goods had a trade surplus of 24.31 billion USD.
The export turnover of goods in November of 2024 reached 33.73 billion USD, down by 5.3% compared to the previous month. Of which, the export turnover of the domestic economic sector reached 9.85 billion USD, down by 4.3%; while the export turnover of the foreign-invested sector (including crude oil) reached 23.88 billion USD, down by 5.7%.
Compared to the same period last year, the export turnover of goods in November increased by 8.2%, of which the export turnover of the domestic economic sector increased by 13.4%, and the export turnover of the foreign-invested sector (including crude oil) increased by 6.1%.
In the first 11 months of 2024, the export turnover of goods reached 369.93 billion USD, up by 14.4% over the same period last year. Of which, the export turnover of the domestic economic sector reached 103.88 billion USD, up by 20.0%, accounting for 28.1% of the total export turnover; and the export turnover of the foreign-invested sector (including crude oil) reached 266.05 billion USD, up by 12.4%, accounting for 71.9%.
In the 11 months of 2024, there were 36 items with export turnover of over 1 billion USD, accounting for 94.1% of total export turnover (there were 7 items with export turnover of over 10 billion USD, accounting for 66.5%).
In terms of export commodity structure, the group of fuel and minerals initially reached 3.89 billion USD, accounting for 1.1%; the group of processed industrial goods initially reached 325.52 billion USD, accounting for 88%; the group of agricultural and forestry products initially reached 31.35 billion USD, accounting for 8.4%; the group of aquatic products initially reached 9.17 billion USD, accounting for 2.5%.
On the other hand, the import turnover of goods in November of 2024 was initially 32.67 billion USD, down by 2.8% compared to the previous month. Of which, the import value of the domestic economic sector reached 12.38 billion USD, down by 2.4%; and the import value of the foreign-invested sector reached 20.29 billion USD, down by 3%.
Compared to the same period last year, the import turnover of goods in November increased by 9.8%, of which the import turnover of the domestic economic sector increased by 15.2%; and the import turnover of the foreign-invested sector increased by 6.8%.
In the 11 months of 2024, the preliminary import turnover of goods reached 345.62 billion USD, up by 16.4% over the same period last year, of which the import turnover of the domestic economic sector reached 126.05 billion USD, up by 18.5%; and the import turnover of the foreign-invested sector reached 219.57 billion USD, up by 15.2%.
In the 11 months of 2024, there were 44 imported goods with a value of over 1 billion USD, accounting for 92.6% of the total import turnover (there were 5 imported goods with over 10 billion USD, accounting for 51.4%).
Regarding the structure of imported goods in the first 11 months of 2024, the group of preliminary production materials reached 323.72 billion USD, accounting for 93.7%, of which the group of machinery, equipment, tools and spare parts accounted for 47.5%; the group of raw materials, fuels and materials accounted for 46.2%. The group of preliminary consumer goods reached 21.9 billion USD, accounting for 6.3%.
Regarding the import and export market of goods in the first 11 months of 2024, the United States was Vietnam's largest export market with a turnover of 108.9 billion USD. China was Vietnam's largest import market with a turnover of 130.2 billion USD.
In the first 11 months of 2024, the trade surplus to the United States reached 95.4 billion USD, up by 26.7% over the same period last year; while the trade surplus to the EU was 32 billion USD, up by 21.1%; the trade surplus with Japan was 2.6 billion USD, up by 70.0%; the trade deficit with China was 75.0 billion USD, up by 67.7%; the trade deficit with South Korea was 27.7 billion USD, up by 5.2%; and the trade deficit with ASEAN was 8.6 billion USD, up by 13.3%.
CK
Source: VITIC/ haiquanonline.com.vn