Vietnam earns US$33.62 billion from exports in two months

Vietnam’s total export value was estimated at US$33.62 billion by the end of February, a year-on-year increase of 22.9%, revealed the General Department of Customs.

vietnam earns us$33.62 billion from exports in two months hinh 0
(Photo: tapchitaichinh.vn)

Of this, US$19.57 billion came from the six groups of commodities earning at least US$1 billion in export value, accounting for 58.2% of the total export value. 

The result was one more group than that in the first two months of 2017. The new “billion dollar” goods item was seafood, which was the largest export product of the agricultural sector.

In the first two months of this year, the export value of seafood reached US$1.1 billion, up 20.4% over the same period last year. However, its export value in February fell 37.3% month-on-month to US$430 million.

Five others included telephone and its parts; computer, electronic products and their parts; other machines, equipment, tools and components; footwear; and textile and garment.

The department said all export commodities gaining billion-dollar export value achieved double-digit growth rate in export value.

During the first two months of this year, the export value of telephone and its parts reached US$6.63 billion, a year-on-year increase of 41.7%, the largest export value among all.

Textiles and apparels gained a surge of 22.3% year-on-year in export value to US$4.3 billion. This was considered the highest growth rate in export value of the textile and garment industry in recent years.

Computers, electronic products and their parts had an estimated export value of US$4 billion, up 19.2% over the same period last year. 

The export value was US$2.27 billion for footwear products, up 11.9%, and US$1.27 billion for wood and wooden products, up 20.1% compared to the same period last year.

VNA

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