Vietnam exported 18.4 billion USD of phones and components in 4 months

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Socio-economic reports in April and the first 4 months of the year announced by the General Statistics Office this morning (April 29) showed that the total export turnover reached US $ 25.5 billion, down 14% from the previous month. In which, the domestic economic sector reached 6.7 billion USD, down by more than 11%, the FDI sector (including crude oil) reached 18.8 billion USD, down nearly 15%.

Vietnam exported 18.4 billion USD of phones and components in 4 months. Photo: ICTNews.

Generally for the first 4 months of the year, export turnover was estimated at 103.9 billion USD, up more than 28% compared to the same period last year, of which the domestic economic sector reached nearly 25.8 billion USD, up by nearly 13%, accounting for nearly 25% of the total export turnover. FDI sector (including crude oil) reached 78.14 billion USD, increased by more than 34%, accounting for 75.2%.

In four months, there were 19 items with an export turnover of over 1 billion USD, accounting for 84.5% of the total export turnover, of which, 5 items had an export turnover of over 5 billion USD. Phones and components have the largest export value, reaching 18.4 billion USD, accounting for nearly 18% of total export turnover, up more than 19% over the same period last year. Electronics, computers and components have the second largest export value, reaching nearly $ 16 billion, up more than 30%. Machinery, equipment, tools and spare parts reached 12 billion USD, ranked third, but recorded a sharp increase, nearly 77%.

Meanwhile, some commodity groups recorded a decrease in export turnover such as coffee and cashew nuts, with decreases of nearly 12% and more than 7%, respectively.

In terms of structure, the group of heavy industrial goods and minerals was estimated at 57.58 billion USD, up 33% over the same period last year, accounting for more than 55% of total merchandise export turnover. The group of light industry and handicraft products is estimated at nearly 37 billion USD, up by nearly 28% and accounting for more than 35%. The group of agricultural and forestry products was estimated at over US $ 7.3 billion, up nearly 9% and accounting for more than 7%. The group of seafood products reached 2.39 billion USD, up more than 6%, accounting for about 2%.

The US is the largest export market of Vietnam with a turnover of more than 30 billion USD, an increase of 50% over the same period last year. China is the second largest export market with an estimated turnover of US $ 16.8 billion, an increase of more than 32%. Next is the EU market, with a turnover of 12.6 billion USD, an increase of more than 18%.

In the opposite direction, April’s import turnover was estimated at 27 billion USD, down more than 5%, of which the domestic economic sector reached 9.8 billion USD, down nearly 5%, the FDI area was estimated at 17.2 billion USD, down 5.4%. However, the import turnover in April increased by nearly 44% compared to the same period last year, in which the domestic economic sector increased by 36.3% and the FDI sector increased by nearly 48%.

Generally for 4 months, import turnover was estimated at more than 102.6 billion USD, up 30.8% over the same period last year, of which the domestic economic sector reached 35.69 billion USD, up 24, 8% of the FDI sector reached more than US $ 66.9 billion, an increase of more than 34%.

Accordingly, 19 items with an import turnover of over US $ 1 billion, accounting for more than 77% of the total import turnover, of which 3 items were imported with over US $ 5 billion. The turnover of electronics, computers and components reached $ 22 billion, accounting for nearly 22% of the total import turnover, up nearly 25% over the same period last year. The turnover of machinery, equipment, tools and spare parts was estimated at 14.8 billion USD, up nearly 32%. Phones and accessories reached 6 billion USD, up 44%.

Regarding the import structure, the group of materials for production was estimated at more than USD 96.3 billion, an increase of more than 31% over the same period last year and accounting for 93.9% of the total import turnover of goods. Among them, the group of machinery, equipment, tools, means of transport and spare parts has the largest import turnover, estimated at nearly $ 47 billion, up nearly 30% and accounting for nearly 46%. The second largest group of raw materials, fuel and materials, is estimated at nearly USD 50 billion, up 33% and accounting for more than 48%.

China is Vietnam’s largest import market with a turnover estimated at more than 33 billion USD, up nearly 48% over the same period last year. Next is the Korean market, estimated at nearly 17 billion USD, up nearly 17%. The ASEAN market ranked third, with an estimated turnover of more than US $ 14 billion, an increase of more than 48%.

The General Statistics Office estimates that Vietnam exported $1.29 billion in the first four months of the year, of which the domestic economy imported more than $9.9 billion and the FDI sector (including crude oil) exported more than $11.2 billion.

Source: ndh.vn – Translated by fintel.vn