November 22, 2024 | 20:34 GMT +7
Hotline: 0913.378.918
November 22, 2024 | 20:34 GMT +7
Hotline: 0913.378.918
Coffee exports since the beginning of the year reached USD 2.67 billion.
According to the General Department of Customs, in the first half of May 2024, Vietnam's total import and export value reached USD 31.9 billion, an increase of USD 2.29 billion, equivalent to 7.7% compared to the previous period.
Total import-export turnover from the beginning of 2024 will reach USD 270.82 billion, an increase of USD 38.87 billion, equivalent to 16.8%, compared to the same period in 2023. In particular, the total import-export value of enterprises FDI reached USD 182.8 billion, an increase of 13.9%.
Due to a balance of trade deficit of USD 2.63 billion in the first half of May, the accumulated trade surplus is USD 6.36 billion.
In the first half of May, the total value of exported goods reached USD 14.64 billion, down USD 1.28 billion, equivalent to 8% compared to the previous period.
By the end of May 15, Vietnam's total export value reached USD 138.59 billion, an increase of USD 19.17 billion, equivalent to 16.1% over the same period in 2023.
Some products decreased sharply, such as iron and steel by USD 256 million; machinery, equipment, tools, and spare parts by USD 218 million; Phones and components by USD 187 million; and Timber and wood products by USD 108 million.
Vietnam's essential agricultural products recorded positive export turnover in the first half of May. Of which, fruits and vegetables reached USD 332 million, up 43% over the same period last year; rice USD 285 million, up 45%; coffee USD 175 million, up 6.2%; cashew nuts USD 171 million, up 27%; pepper USD 59 million, an increase of 52%.
Since the beginning of the year, seafood exports exceeded USD 3 billion; fruits and vegetables reached more than USD 2.2 billion; coffee reached more than USD 2.67 billion; Cashew nuts reached more than USD 1.33 billion; and rice exports reached more than USD 2.32 billion.
Translated by Huong Giang
(VAN) In its monthly grain market report, released on Nov. 21, the IGC revised total grains ending stocks lower by 8 million tonnes, to 576 million, a 3.5% decrease from the previous year.
(VAN) Vietnam's tea industry, one of the top five tea-exporting countries in the world, is facing a concerning reality as the average export price of Vietnamese tea is only 67% of the global tea price.
(VAN) Analysts at EastFruit have observed that fruits and vegetables are contributing to inflation in Russia, despite the government's efforts to combat it through fiscal policies and an increase in the key interest rate to 21%.
(VAN) Expanding high-quality tea varieties has become a strategic goal for Vietnam's tea industry to increase export value and escape the 'cheap price trap' when exporting tea to global markets.
(VAN) After implementing the OCOP program, several products from Bac Kan Province have established a strong presence in the market and are moving towards export.
(VAN) On November 20, a Vietnamese company exported nearly 10 tons of bird's nest to China's market through the Bac Luan II border gate in Quang Ninh.
(VAN) Many businesses believe that Halal market is huge and has a lot of potential; even in Vietnam, there are Muslims, and improving product quality is important.
