The General Statistics Office has just said that the complicated development of COVID-19 epidemic in the country and the world continues to negatively affect the import and export activities of Vietnam.
Total import and export turnovers in 8 months of 2020 were estimated at 336.32 billion USD, down 0.3% over the same period last year; in which, export reached 174.11 billion USD, up 1.6%; import reached 162.21 billion USD, down by 2.2%.
The domestic economic sector continued to be a bright spot in import and export activities when both export and import turnover increased over the same period last year.
Accordingly, the export of this sector reached 60.8 billion USD, up 15.3%; import reached 72.05 billion USD, up 2.9%. Trade balance of goods in 8 months was estimated to have a trade surplus of 11.9 billion USD.
[Nationwide, there were 13,400 newly established businesses in August]
The General Statistics Office pointed out that the country's merchandise export turnover in 8/2020 is estimated at $ 26.5 billion, up 6.5% over the previous month, mainly due to Samsung promoting product exports. new version Note 20 ; of which, the domestic economic sector reached 9.5 billion USD, up 4%; foreign investment sector (including crude oil) reached 17 billion USD, up 8%.
Compared to the same period last year, export turnover in August 2020 increased by 2.5%; of which the domestic economic sector increased by 18.3%; the foreign invested sector (including crude oil) decreased by 4.6%.
Generally for the eight months of 2020, export turnover of goods is estimated at $ 174.11 billion; in which, the domestic economic sector reached 60.80 billion USD; foreign investment sector (including crude oil) reached 113.31 billion USD (accounting for 65.1% of total export turnover), down 4.5%.
In 8 months, there were 27 items with export turnover of over 1 billion USD, accounting for 89.7% of total export turnover, of which: phones and components reached 31.5 billion USD, accounting for 18.1% of the total. export turnover, down 5.5% over the same period last year; electronics, computers and components reached 27.6 billion USD, up 24.8%; textiles and garments reached 19.2 billion USD, down 11.6%; machinery, equipment, tools and spare parts reached 15.1 billion USD, up 31.9%; footwear reached 10.9 billion USD, down 8.6% ...
However, the export turnover of most agricultural products decreased compared to the same period last year. Specifically, vegetables and fruits reached 2.3 billion USD, down 11.3%; cashew nuts reached $ 2 billion, down 5.4% (volume up 9%); coffee reached $ 2 billion, down 1.3% (volume decreased by 1.3%); rubber reached 1.2 billion USD, down 12.7% (down 5.9%). Rice products alone reached 2.2 billion USD, up 10.4% (volume decreased by 1.7%).
Regarding the export market, the US was the largest export market of Vietnam in eight months with a turnover of 46.7 billion USD, up 19% over the same period last year; followed by China with 27 billion USD, up 13%.
EU market reached 22.9 billion USD, down 4%. ASEAN market reached USD 15 billion, down 13.6%. The Korean market reached 12.6 billion USD, down 1.5%; Japan reached 12.5 billion USD, down 6.1%.
According to the General Statistics Office, import turnover of goods in 8/2020 was estimated at 23 billion USD, up 4.1% over the previous month; of which, the domestic economic sector gained 10.3 billion USD, up by 0.2%; foreign invested sector reached 12.7 billion USD, increasing by 7.5%. Compared to the same period last year, import turnover in August 2020 was estimated to increase by 2.8%; of which, the domestic economic sector increased by 13.5%; foreign invested sector decreased 4.4%.
Generally for the eight months of 2020, import turnover of goods was estimated at USD 162.21 billion, down 2.2% over the same period last year, of which the domestic economic sector reached $ 72.05 billion, up 2.9%; foreign investment sector reached 90.16 billion USD, down 6.0%.
Regarding the structure of imported goods in 8 months, the group of materials for production was estimated at 151.6 billion USD, down 1.7% over the same period last year and accounting for 93.5% of total import turnover; consumer goods were estimated at 10.55 billion USD, down 9.2% and accounting for 6.5%.
Regarding the import goods market in 8 months, China is the largest import market of Vietnam with an estimated turnover of 49.3 billion USD, up 0.7% over the same period last year; South Korea reached 28.7 billion USD, down by 8.3%; ASEAN reached 19.4 billion USD, down 9.2% ...
The realized trade balance in 8/2020 was estimated to have a trade surplus of 3.5 billion USD. Generally for 8 months of 2020, the balance of trade in goods was estimated to have a trade surplus of 11.9 billion USD; in which, the domestic economic sector saw a trade deficit of 11.2 billion USD; foreign invested sector (including crude oil) saw an export surplus of 23.1 billion USD./.