According to the latest preliminary statistics announced by the General Department of Customs, the country's import-export turnover in September 2023 reached USD 59.16 billion, of which exports reached USD 30.68 billion, a decrease of USD 6.3% compared to August 2023.

In September 2023, the country recorded 7 commodity groups with a turnover of USD 1 billion, including: computers, electronic products and components with USD 5.48 billion; phones and components with USD 5.04 billion; machinery, equipment, tools and spare parts with USD 4.07 billion; textiles with USD 2.57 billion, footwear with USD 1.34 billion; transport vehicles and spare parts with USD 1.21 billion; timber and wood products with USD 1.14 billion.

Accumulated until the end of September, the country's total export turnover reached USD 258.97 billion, a decrease of 8.5% over the same period last year.

On the contrary, imports in September reached USD 28.48 billion, decreased by 2.9% compared to the previous month. As of the end of September, the country's total imports reached USD 237.33 billion, a decrease of 14% compared to the same period in 2022.

3 groups of imported goods achieved a turnover higher than USD 1 billion in September. The highest group was still computers, electronic products and components with USD 8.59 billion, an increase of 2.4% compared to the previous month. Next, machinery, equipment, tools and spare parts reached USD 3.58 billion, a decrease of 4.1%.

As of the end of September, the country's total import turnover reached USD 237.33 billion, a decrease of 14% compared to the same period in 2022.

Thus, as of the end of September, Vietnam's import-export turnover reached USD 496.3 billion. The trade balance reached a surplus of USD 21.64 billion.

According to the Ministry of Industry and Trade, the bright spot in export activities in the first nine months of 2023 is that the rate of decline in exports of enterprises with 100% domestic capital (decreased by 5.7%) is lower than that of enterprises with 100% foreign capital (decreased by 9.1%).

Over 9 months, there were 32 products with export turnover of over USD 1 billion, equal to the same period last year; Many agricultural product groups, rice and fruit, took advantage of market opening opportunities and rising prices for export promotion, therefore the growth rate was the highest among commodity groups (an increase of 3.1%).

Kylie Nguyen