Thursday, December 12,2024 - 13:53 GMT+7  Việt Nam EngLish 

Export of Vietnamese goods to the EU up 21.66% y-o-y in August 2024 

 Wednesday, October 9,2024

AsemconnectVietnam - According to calculations from Vietnam Customs data, in August 2024, Vietnam's exports of goods to the EU reached 4.55 billion USD, up 21.66% compared to August 2023 but down 6% compared to July 2024.

Generally, in the first 8 months of 2024, Vietnam's export turnover to the EU reached over 34.14 billion USD, up 17.43% over the same period in 2023.
Most of the key export products increased turnover over the same period in 2023, there were 4 commodity groups reaching over 2 billion USD; of which, computers, electronic products and components led in terms of turnover, especially in August 2024 reached 868 million USD, up 8.96% compared to July 2024 and up 56.23% over the same period in 2023. Generally, the first 8 months of 2024 reached over 5.24 billion USD, accounting for 15.34% of the total export turnover of all kinds of goods to the EU, up 50.71% compared to the first 8 months of 2023.
The group of phones and components ranked 2nd in terms of turnover, reaching 475 million USD in August 2024, down 37.24% compared to July 2024 and down 32.4% compared to August 2023. Generally, the first 8 months of 2024, turnover reached over USD4.65 billion, accounting for 13.6% but a slight decrease over the same period in 2023. Next was the group of machinery, equipment, tools, and spare parts in 3rd place, in August 2024, this group of goods reached 612 million USD, up 31.97% compared to August 2023 but down 8.56% compared to July 2024. Generally, the first 8 months of 2024, turnover reached over 4.4 billion USD, up 26.91% over the same period in 2023, accounting for 12.91%.
The group of footwear of all kinds in August reached 428 million USD, down 9.93% compared to July 2024 and up nearly 30% over the same period last year. Generally, in the first 8 months of 2024, it reached over 3.59 billion USD, accounting for 10.52%, up 14.4% over the same period in 2023.
Notably, although the export turnover was not high, compared to the same period last year, it increased sharply such as:Cameras, camcorders and components (up 75.96%  to 291 million USD); Raw plastics (up 41.25% to 187 million ; Chemical products (up 60.5% , reaching 16.35 million USD); Interior products from materials other than wood (up 47.78%, reaching 18.05 million USD); Pepper (up 95.14%, reaching 154 million USD).
On the contrary, there were a number of commodity groups with a sharp decrease in turnover over the same period in 2023 such as: Toys, sports equipment and parts (down 26.36% to 3.17 million USD), Paper and paper products (down 37.85% to 1.7 million USD); rice (down 17.17%  to 17 million USD).
Export turnover of typical commodity groups to the EU in the first 8 months of 2024
 
 
Cargo Groups
August of 2024
First eight months of 2024
Value
(USD)
Compared to July 2024 (%)
Compared to August 2023 (%)
Value
(USD)
Compared to 8M/2023 (%)
Market Share(%)
Total Export
4,551,694,451
-6
21,66
34,140,935,260
17,43
100
Computers, electronic products and components
868,682,905
8,96
56,23
5,237,556,398
50.71
15.34
Phones of all kinds and components
475,325,196
-37,24
-32,4
4,645,488,787
-1.6
13.61
Other machinery, equipment, tools and spare parts
612,862,435
-8,56
31,97
4,406,948,505
26.91
12.91
Footwear of all kinds
428,615,018
-9,93
29,97
3,592,164,930
14.4
10.52
Textile, garment
411,124,761
-5,56
27,79
2,783,301,817
7.49
8.06
Coffee
160,593,411
17
102,81
1,549,468,254
42.7
4.48
Iron and steel of all kinds
180,531,917
8,64
3,02
1,498,644,910
-4.3
4.39
Transport and spare parts
96,068,235
-7.3
-4.61
895,526,782
7.73
2.62
Seafood
101,271,255
7.44
12.51
716,083,239
12.3
1.97
Handbags, wallets, suitcases, hats and umbrellas
82,486,658
0.83
15.96
615,417,400
9.1
1.8
Cashew
88,474,115
2.02
26.48
543,978,250
22.27
1.59
Iron and steel products
69,849,022
-5.91
36.58
461,190,521
5.45
1.35
Plastic Products
59,688,899
7.1
15.53
443,247,023
29.59
1.3
Wood and wood products
30,779,346
-3.08
-7.13
318,663,925
27.34
0.93
Toys, sports equipment and parts
63,560,914
7.34
79.84
317,437,114
-26.36
0.93
Cameras, camcorders and components
41,956,363
0.53
56.85
290,942,444
75.96
0.85
Raw Material Plastics
13,911,535
32.19
-2.55
186,729,965
41.25
0.55
Fruits and vegetables
19,659,240
-3.66
-3.17
165,265,303
3.75
0.48
Peppercorn
16,658,098
-32.13
73.95
153,691,317
95.14
0.45
Textile, garment, leather, footwear raw materials
23,225,201
-4.13
16.31
148,568,685
10.44
0.44
Other common metals and products
12,265,794
2.28
-7.48
136,339,219
-18.63
0.4
Rattan, bamboo, sedge and carpet products
14,224,223
-6.74
5.22
122,516,006
7.15
0.36
Confectionery and cereal products
15,948,908
18.54
37.17
120,460,467
37.65
0.35
Rubber
25,443,989
123.28
225.53
85,909,952
72.61
0.25
Rubber products
12,060,202
12.45
51.77
80,629,441
41.21
0.24
Gemstones, precious metals and products
7,598,003
10.45
-27.82
60,266,583
16.66
0.18
Fibers, weaving yarns of all kinds
8,087,012
29.16
10.49
56,520,794
2.11
0.17
Chemical
4,174,783
28.52
62.96
41,221,149
7.93
0.12
Ceramic and porcelain products
5,292,823
27.4
7.95
40,581,531
3.15
0.12
Curtain fabrics, other technical fabrics
4,734,349
-5.29
28.23
36,096,274
3.75
0.11
Electrical wires and electrical cables
703,439
-82.08
-88.46
25,028,788
9.59
0.07
Interior products made from other materials such as wood
932,519
85.42
47.49
18,047,266
47.78
0.05
Rice
2,029,214
59.15
-33.66
17,149,473
-17.17
0.05
Chemical Products
3,580,523
158.22
155.53
16,382,584
60.5
0.05
Coal of all kinds
7,323,275
-17.15
0.02
Paper and paper products
269,272
-6.87
-42.56
1,719,779
-37.85
0.01
Tea
128,830
9.95
-43.05
1,203,265
7.11
0
Others
595,596,054
-1.22
39.24
4,397,663,844
19.04
12.88
Source: Calculated from data of the General Department of Vietnam Customs
 
T.Huong
Source: Vitic
 

  PRINT     BACK


 © Vietnam Industry and Trade Information Center ( VITIC)- Ministry of Industry and Trade 
License: No 115/GP-TTĐT dated June 05, 2024 by the Ministry of Information and Communications.
Address: Room 605, 6 th Floor, The Ministry of Industry and Trade's Building, No. 655 Pham Van Dong Street, Bac Tu Liem District - Hanoi.
Tel. : (04)38251312; (04)39341911- Fax: (04)38251312
Websites: http://asemconnectvietnam.gov.vn; http://nhanhieuviet.gov.vn
Email: Asem@vtic.vn; Asemconnectvietnam@gmail.com 
 

Hitcounter: 25716405551