5 items exported from Vietnam to Thailand reach 100 million USD or more

DNHN - Vietnam exported 1.86 billion USD worth of goods to the Thai market in the first quarter of 2023, a 3% increase over the same period in 2022. Five exports to Thailand exceeded $100 million in value.

5 items exported to Thailand with a turnover of at least $100 million totaled $1.07 billion, accounting for 57% of Vietnam's total export turnover in the quarter. These items included mobile phones and accessories, other machinery, equipment, spare parts, crude oil, and spare parts for transport vehicles.

With 299 million USD, phones and their components are the largest export item. Other machinery, equipment, tools, and spare parts trail behind with 227 million USD, followed by crude oil at 196 million USD and vehicle spare parts at 190 million USD. If Vietnam did not export any petroleum products to Thailand during the same period in 2022, it will export 230 tons of petroleum worth $0.24 million during the first quarter of 2023.

With a value of 66 million dollars, aquatic products have the highest value among agricultural and aquatic products. Next comes vegetables and fruits with USD 22 million, followed by coffee with USD 15 million, cashew nuts with USD 12 million, and pepper with USD 6 million.

Comparing the same period in 2022 to the same period in 2023, 21 out of a total of 36 major export items experienced positive growth. Coffee is the commodity with the greatest increase at 255%, followed by gems, precious metals, and products at 238%, ores and minerals at 180%, and footwear at 80%.

In contrast, the export value of coal decreased by 97% during the same period in 2022, followed by animal feed and raw materials (-49%), chemical products (-48%), and iron and steel products (-37%)...

Ngoc Phi (TH)