Vietnam shipped overseas US$130.94 billion worth of goods in the first five months of 2021, up 30.7% annually, according to the General Statistics Office (GSO).
Of the sum, the domestic sector contributed US$33.06 billion and the FDI sector (including crude oil) US$97.88 billion, increasing 16.6% and 36.3% year on year, respectively.
During the period, 22 products recorded an export value of over US$1 billion each and together they accounted for 87.3% of the nation’s total export.
The export of the group of heavy industrial goods and minerals reeled in about US$70.7 billion, up 33% from the same period last year. It was followed by the groups of light industrial goods and handicrafts at US$47.32 billion (up 33%) and of agricultural and forestry products at US$9.69 billion (up 13.5%). The group of aquatic products posted US$3.24 billion in export revenue, an annual increase of 12%.
The US remained the biggest export market of Vietnam, spending US$37.6 billion on imports from the Southeast Asian country, an year-on-year rise of 49.8%. China came second with US$20.1 billion, up 26%. The EU and ASEAN followed with US$16.1 billion and US$11.5 billion, increasing by 20.8 and 23.7%.
In May alone, Vietnam’s exports valued at US$26 billion, down 2.1% over the previous month and up 35.6% from the same period last year.
Meanwhile, the country’s import in the five-month period hit US$131.31 billion, an annual growth of 36.4%, with China named Vietnam’s biggest import market.