Vietnam has 30 items with export turnover of over US $ 1 billion in 11 months of this year, accounting for 91.6% of total export turnover, of which up to 5 items with export turnover of over US $ 10 billion, accounting for 59.6%.
According to the General Statistics Office, the total import-export turnover in 11 months of 2019 was estimated at US $ 473.73 billion, of which export turnover reached US $ 241.42 billion, up 7.8%, while Import turnover is estimated at 232.31 billion USD, up 7.4% over the same period in 2018.
A special feature is that the domestic economic sector achieved an export growth of 18.1%, much higher than the 11-month growth rate of the foreign-invested sector by 3.8%.
At the same time, the region's export share accounts for 31% of total exports (up 2.7 percentage points compared to the same period last year).
The trade balance of goods in November 2019 was estimated to have a trade surplus of US $ 100 million. Estimated trade balance in 11 months of 2019 has a trade surplus of US $ 9.1 billion.
More specifically, a report by the General Statistics Office said that export turnover of goods in November 2019 was estimated at US $ 22.6 billion, down 6.7% over the previous month, but up 3.8% compared to the previous month. with the same period last year.
Generally for 11 months of 2019, export turnover was estimated at US $ 241.42 billion, up 7.8% over the same period in 2018.
Of which, the domestic economic sector gained 74.72 billion USD, up 18.1%, accounting for 31% of total export turnover. Foreign-invested sector (including crude oil) reached 166.7 billion USD, up 3.8%, accounting for 69%.
Remarkably, in 11 months of this year, there were 30 items reaching export turnover of over 1 billion USD, accounting for 91.6% of total export turnover, of which up to 5 items with export turnover of over 10 billion USD. USD, accounting for 59.6%.
Regarding the export commodity market in the first 11 months of 2019, the US continues to be the largest export market of Vietnam with a turnover of US $ 55.6 billion, up 27.9% over the same period last year.
Next is the EU market with 38 billion USD, down 2.3%; China reached 37.4 billion USD, down 0.6%; ASEAN market reached 23.4 billion USD, up 2.4%; Japan reached 18.6 billion USD, up 7.6%; South Korea reached 18.4 billion USD, up 10.1%.
Regarding import of goods, import turnover in November 2019 was estimated at US $ 22.5 billion, up 0.6% over the previous month and 4.5% over the same period last year.
For 11 months, import turnover was estimated at 232.31 billion USD, up 7.4% over the same period in 2018.
In 11 months, there were 35 import items with turnover of over 1 billion USD, accounting for 90% of total import turnover, of which 2 items reached over 20 billion USD, accounting for 34.7%.
Regarding the structure of imported goods in the first 11 months of this year, the group of production materials was estimated at 212.1 billion USD, up 7% over the same period last year and accounting for 91.3% of total import turnover; Consumer goods group was estimated at 20.2 billion USD, up 11.6% and accounting for 8.7% (up 0.3 percentage points).
Regarding the market of imported goods in 11 months, China remained the largest import market of Vietnam with a turnover of US $ 68.7 billion, up 15.2% over the same period last year.
Next is the Korean market with 43.6 billion USD, equivalent to the same period last year; ASEAN market reached 29.6 billion USD, up 1.7%; Japan reached 18.1 billion USD, up 3.5%; EU market reached 13.4 billion USD, up 6.1%; The United States reached 13 billion USD, up 11.3%.
