In the first 2 months of the year, import and export of goods reached nearly 100 billion USD

In the first 2 months of 2023, the total import and export turnover of goods is estimated at 96.06 billion USD, down 13.2% over the same period last year, the trade balance of goods is estimated to have a trade surplus of 2.82 billion USD, according to the General Statistics Office.

The General Statistics Office said that in February, the total import and export turnover of goods was estimated at 2.49 billion USD, up 46.6% over the previous month and up 1.1% over the same period last year. Generally, in the first 8 months of 2, the total import and export turnover of goods is estimated at 2023.96 billion USD, down 06.13% over the same period last year, of which exports decreased by 2.10%; imports fell 4%. The trade balance of goods in the first 16 months of 2 is estimated to have a trade surplus of 2023.2 billion USD.

Export turnover of goods in February 2 is estimated at 2023.25 billion USD, up 88.9% over the previous month. In which, the domestic economic sector reached 8.6 billion USD, up 08.11%; foreign-invested sector (including crude oil) reached 7.19 billion USD, up 8.9%. Compared to the same period last year, the export turnover of goods in February increased by 3%, of which the domestic economic sector increased by 2.11%, the foreign-invested sector (including crude oil) increased by 5.7%.

Generally, in the first 2 months of 2023, the export turnover of goods is estimated at 49.44 billion USD, down 10.4% over the same period last year. In which, the domestic economic sector reached 11.52 billion USD, down 21.1%, accounting for 23.3% of total export turnover; foreign-invested sector (including crude oil) reached 37.92 billion USD, down 6.6%, accounting for 76.7%.

In the first 2 months of 2023, there are 8 items with export turnover of over 1 billion USD, accounting for 69.9% of total export turnover (there are 3 export items over 5 billion USD, accounting for 45.9%).

Regarding the structure of export goods in the first 2 months of 2023, fuel and mineral goods are estimated at 652 million USD, accounting for 1.3%; processed industrial goods are estimated at 44.38 billion USD, accounting for 89.8%; agricultural and forestry products is estimated at 3.4 billion USD, accounting for 6.9%; seafood products are estimated at 1.01 billion USD, accounting for 2%.

Import turnover of goods in February 2 is estimated at 2023.23 billion USD, up 58.2% over the previous month. In which, the domestic economic sector reached 3.7 billion USD, up 7.2%; foreign-invested sector reached 5.15 billion USD, up 88.2%. Compared to the same period last year, the import turnover of goods in February decreased by 3.2%, of which the domestic economic sector decreased by 6.7%; the foreign-invested sector decreased by 7.2%.

Generally, in the first 2 months of 2023, the import turnover of goods is estimated at 46.62 billion USD, down 16% over the same period last year, of which the domestic economic sector reached 15.21 billion USD, down 17.3%; foreign-invested sector reached 31.41 billion USD, down 15.3%.

In the first 2 months of 2023, there are 13 imported items worth over 1 billion USD, accounting for 69.1% of total import turnover (there are 02 imported items over 5 billion USD, accounting for 39.3%).

Regarding the structure of imported goods in the first 2 months of 2023, production materials are estimated at 43.64 billion USD, accounting for 93.6%, of which machinery, equipment and spare parts account for 46.3%; raw materials, fuels and materials accounted for 47.3%. Consumer goods were estimated at 2.98 billion USD, accounting for 6.4%.

Regarding the structure of imported goods in the first 2 months of 2023, production materials are estimated at 43.64 billion USD, accounting for 93.6%, of which machinery, equipment and spare parts account for 46.3%; raw materials, fuels and materials accounted for 47.3%. Consumer goods were estimated at 2.98 billion USD, accounting for 6.4%.

Regarding the export and import market of goods in the first 2 months of 2023, according to the General Statistics Office, the United States is Vietnam’s largest export market with an estimated turnover of 13.1 billion USD. China is Vietnam’s largest import market with an estimated turnover of 14.6 billion USD.

In the first 2 months of 2023, trade surplus to the EU is estimated at 4.8 billion USD, up 1.8% over the same period last year; trade deficit from China 6.4 billion USD, down 39.8%; trade deficit from Korea 4.7 billion USD, down 27.2%; trade deficit from ASEAN 1.5 billion USD, down 23.9%; trade deficit from Japan 237.2 million USD, up 4.5%.

The preliminary trade balance of goods in February was estimated to have a trade surplus of 2.2 billion USD. In the first 3 months of 2, the trade balance of goods is estimated to have a trade surplus of 2023.2 billion USD (the same period last year had a trade deficit of 82.0 billion USD). In which, the domestic economic sector has a trade deficit of 3.3 billion USD; foreign-invested sector (including crude oil) has a trade surplus of 69.6 billion USD.