According to the General Statistics Office (GSO), Vietnam earned some USD 19.9 billion in exports in April, down 12.6 percent month on month but still up 7.5 percent year on year.
In the first four months of 2019, the export revenue was estimated at USD 78.76 billion, up 5.8 percent from a year earlier. The figure consisted of USD 23.33 billion contributed by domestic companies and USD 55.43 billion (including crude oil) by foreign invested firms, respectively rising by 10.5 percent and 4 percent.
There were 16 commodities with export turnover of more than USD 1 billion each, and they accounted for 81.2 percent of the total shipments.
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Workers process tra fish at the factory of the An My Fish JSC in Phu Hoa township of Thoai Son district, An Giang province |
They include mobile phones and components (USD 16 billion – down 0.2 percent); electronic products, computers and components (USD 9.6 billion – up 12.6 percent); textile-garment (USD 9.4 billion – up 9.8 percent); footwear (USD 5.3 billion – up 13.4 percent); machinery, equipment and spare parts (USD 5.3 billion – up 4.1 percent); timber and wood products (USD 3.1 billion – up 17.8 percent); transport vehicles and spare parts (USD 2.9 billion – up 5.7 percent); and aquatic products (USD 2.4 billion – down 1.3 percent).
The US was the largest export market of Vietnam between January and April when it imported USD 17.8 billion worth of Vietnamese goods, up 28.4 percent. It was followed by the EU (USD 13.7 billion – up 2.8 percent), China (USD 10.4 billion – down 5.8 percent), ASEAN (USD 8.4 billion – up 7.3 percent), the Republic of Korea (USD 6.2 billion – up 7.3 percent), and Japan (USD 6.1 billion – up 6.6 percent).
Meanwhile, about USD 20.6 billion worth of goods was imported into Vietnam in April, down 2.6 percent month on month but up 17.6 percent year on year, the GSO reported.
In the first four months, the country’s import turnover was estimated at USD 78.05 billion, up 10.4 percent from the same period of 2018. That included USD 32.8 billion worth of items imported by domestic businesses and USD 45.25 billion by foreign invested ones, up 14.4 percent and 7.6 percent, respectively.
With USD 22.3 billion (up 18.8 percent), China remained the biggest supplier of goods for Vietnam. It was followed by the Republic of Korea (USD 15.5 billion – up 3.1 percent), ASEAN (USD 10.8 billion – up 9.2 percent), Japan (USD 5.7 billion – down 1.4 percent), the EU (USD 4.6 billion – up 14.8 percent), and the US (USD 4.2 billion – up 14.3 percent).
Source: VNA