June 26, 2024 | 07:19 GMT +7
June 26, 2024 | 07:19 GMT +7
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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) Global natural rubber import demand has been slowing down in recent months, yet natural rubber prices have risen significantly due to reduced production.
(VAN) After 10 years of continuous development, Vietnam's tuna industry is now in the top 5 largest tuna exporting countries in the world, with a turnover of billions of dollars.
(VAN) Vietnam's total agro-forestry-fishery export revenue in the first six months of 2024 increased by 18.8% compared to the corresponding period in 2023, according to the Director of the Department of Planning and Finance.
(VAN) During the initial five months of the year, numerous significant agricultural commodities from Vietnam that were shipped to Russia experienced a growth rate in the double digits, including a year-on-year doubling.
(VAN) These are the two product groups that Vietnam has exported the most to Russia recently and are forecast to have many opportunities to increase in the near future.
(VAN) 2 tons of green-skinned mangoes from the Loc Hung Agricultural Cooperative (Co Do District, Can Tho City) will be exported to Australia and the US.
(VAN) Vietnam's coffee exports in the first five months of 2024 decreased by 3.9% in volume but increased by 43.9% in value over to the same period last year.