In the first 2 months of the year, Vietnam's export value to Europe reached nearly US $ 6.5 billion, down 5.7%, while exports to the US soared 25.7% to US $ 10.26 billion.
In addition, also in the first 2 months of the year Vietnam exported 5.89 billion USD into EU market and 5.48 billion USD into China, accounting for 15.1% and 14% of total exports respectively. Accordingly, compared to the same period in 2019, the EU market decreased by 4.6% and China increased by 17.4%.
Generally, Vietnam's trade in goods in the first two months of the year with the Americas reached US $ 15.5 billion, up 21.5% over the same period in 2019, the continent with the highest growth rate.
Meanwhile, Asia continued to account for the highest proportion of 64.3% of the country's total import-export value. Import and export value in 2 months with this market area reached US $ 49.09 billion, up nearly 3% compared to the first 2 months of 2019, of which export value was US $ 19.23 billion, up 4.2 % and the import value of 29.86 billion USD, up 2%.
In addition, the import-export value between Vietnam and other continents is Europe 9.42 billion USD, down 2.5%, Oceania 1.53 billion USD, up 17.2% and Africa 0 , 8 billion USD, down more than 3% compared to 2 months of 2019.
In the opposite direction, the total import value of Vietnam in February reached $ 18.58 billion, slightly decreased by 0.1%, respectively 21 million USD compared to January 2020.
The items with much lower value than the previous month were machinery, equipment, tools and other spare parts $ 412 million; phones of all kinds and spare parts 199 million USD.
Besides, the group of computers, electronic products and components increased 223 million USD; Plastic material increase 186 million USD.
From the beginning of the year to the end of February, Vietnam's total import-export value of goods reached 76.34 billion USD, increased by 5.6%, respectively 4.07 billion USD compared to the same period last year.
In particular, the total value of export goods reached $ 39.08 billion, up 8.4% and imports reached 37.26 billion USD, up 2.9%. Generally, in the first 2 months of the year, the country's merchandise trade balance was in surplus 1.82 billion USD.
