VN earns 33.62 billion USD from exports in two months
Vietnam’s total export value was estimated at 33.62 billion USD by the end of February, a year-on-year increase of 22.9 percent, revealed the General Department of Customs.
Vietnam’s total export value was estimated at 33.62 billion USD by the end of February, a year-on-year increase of 22.9 percent, revealed the General Department of Customs (Photo: tapchitaichinh.vn)
Hanoi (VNA) – Vietnam’s total export value was estimated at 33.62billion USD by the end of February, a year-on-year increase of 22.9 percent,revealed the General Department of Customs.
Of this, 19.57 billion USD came from the six groups of commodities earning atleast 1 billion USD in export value, accounting for 58.2 percent of the totalexport value.
The result was one more group than that in the first two months of 2017. Thenew “billion dollar” goods item was seafood, which was the largest exportproduct of the agricultural sector.
In the first two months of this year, the export value of seafood reached 1.1billion USD, up 20.4 percent over the same period last year. However, itsexport value in February fell 37.3 percent month-on-month to 430 million USD.
Five others included telephone and its parts; computer, electronic products andtheir parts; other machines, equipment, tools and components; footwear; and textileand garment.
The department said all export commodities gaining billion-dollar export valueachieved double-digit growth rate in export value.
During the first two months of this year, the export value of telephone and itsparts reached 6.63 billion USD, a year-on-year increase of 41.7 percent, thelargest export value among all.
Textiles and apparels gained a surge of 22.3 percent year-on-year in exportvalue to 4.3 billion USD. This was considered the highest growth rate in exportvalue of the textile and garment industry in recent years.
Computers, electronic products and their parts had an estimated export value of4 billion USD, up 19.2 percent over the same period last year.
♈ The export value was 2.27 billion USD for footwear products, up 11.9 percent,and 1.27 billion USD for wood and wooden products, up 20.1 percent compared tothe same period last year.-VNA
Vietnam’s squid and octopus exports to the US reached 9.7 million USD last year, up 94.7 percent from 2016, reported the Vietnam Association of Seafood Producers and Exporters (VASEP).
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
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Vietnam’s total export value was estimated at 33.62 billion USD by the end of February, a year-on-year increase of 22.9 percent, revealed the General Department of Customs (Photo: tapchitaichinh.vn) 
