In the second half of March 2023, the total import and export value of domestic goods reached more than 30 billion USD

DNHN - The latest preliminary statistics from the General Department of Customs indicate that the total import and export value of Vietnam's goods for the two weeks ending on March 2, 2023 (from March 16 to March 31, 2023) increased by 13.3% or 3.62 billion

According to data from the General Department of Customs, the goods trade balance had a surplus of $1.98 billion on March 2, 2023. In the first three months of 2023, the goods trade balance was in surplus by 4.81 billion US dollars.

In the first quarter of 2023, the country's accumulated import-export value reached 153.79 billion dollars, a decrease of 13.5% (or $24.1 billion) from the same period in 2022.

Illustration
Illustration.

Regarding exports, the total value of Vietnam's export goods between 2 March 2023 and 2 March 2024 amounted to US$ 16.38 billion, an increase of 22.8% (or an increase of US$ 3.05 billion in absolute terms) compared to the same period last year. March 1, 2023.

The export value of the second period of March 2023 fluctuated and increased in comparison to the first period of March 2023 for the following product categories: Phones and components of all types increased by 715 million USD or 40.8%; computers, electronic products, and components increased by 442 million USD or 19.9%; other machinery, equipment, tools, and spare parts increased by 432 million USD or 27.5%; iron and steel of all types increased by 274 million USD or 131.7%; and footwear of all types increased by 157 million USD or 157.7%.

Thus, Vietnam's total export value reached $79,3 billion in the first quarter of 2023, a decrease of 11.8%, or a decrease of $10.58 billion compared to the same period in 2022.

Statistics of the General Department of Customs also indicate that the export value of goods of foreign direct investment (FDI) enterprises in the second period of March 2023 reached 12.02 billion USD, up 23.3%, equivalent to an increase of 2.27 billion USD compared to the first period of the month, bringing the total export value of goods of this group of enterprises in the first quarter of 2023 to 59.06 billion USD, down 10.6% (equal to a decrease of 7.03 billion USD).

Regarding imports, the total value of Vietnam's imported goods in the second period of March 2023 reached $14.4 billion, up 4.2% (or $576 million in absolute terms) from the actual result in the first half of March 2023.

In the second period of March 2023, the value of imports increased relative to the first period primarily in the following commodity groups: Computers, electronic products, and components increased by 300 million US dollars, or 9.3 percent; machinery, equipment, tools, and spare parts increased by 145 million US dollars, or 8.5 percent; cashew nuts increased by 82 million US dollars or 51.7%...

In the first quarter of 2023, the country's total import value reached 74.49 billion USD, a decrease of 15.4% (or 13.52 billion USD) compared to the same period in 2022.

In this period, FDI enterprises imported goods worth $9.06 billion, an increase of 4% (or $346 million) compared to the first period in March 2023. In the first quarter of 2023, the total import value of this group of companies reached 48.7 billion USD, a decrease of 16% (equivalent to USD 9.29 billion) compared to the same period the previous year, representing 65.4% of the country's total import value.

Ngoc Phi (TH)

Related news