MAJOR EXPORT COMMODITY GROUPS IN THE FIRST SEVEN MONTHS OF 2017

VCN – According to Vietnam Customs, in the first seven months of 2017, 21 among 45 commodity groups reached an export turnover of over US$ 1 billion. In which, the ten largest export commodity groups reached US$ 82.52 billion, accounting for 71.6% of the country’s total export turnover. 

The ten largest export commodity groups in the first seven months of 2017 compared to same period 2016

Mobile phones and components: The export turnover of this group in July was US$ 3.07 billion, down by 4.9% compared to the previous month, bringing the export turnover of this group in the first seven months of 2017 to US$ 22.56 billion, up 14.8% over the same period last year.

This commodity was mainly exported to the United State with a turnover of US$2.24 billion, down 4.0% compared to the same period of last year; the United Arab Emirates with a turnover of US$ 2.24 billion, down by 13.4% and South Korea with a turnover of US$ 2.03 billion, up by 34.5%.

Textile and garment: reaching an export turnover of US$ 2.46 billion in July 2017, up 3.8% over the previous month, bringing the export turnover of this commodity group in the first seven months of 2017 to US$14.19 billion,up 8.1% over the same period last year;

In the seven months of 2017, 48.8% of the country’s textile and garment value were exported to the United States with a turnover of US$ 6.92 billion, up 6.3% over the same period last year. Followed by the EU (28 countries) with a turnover of US$ 2.08 billion, up 2.7%; and Japan ranked third with a turnover of US$1.65 billion, up 6.9% …

Computers, electronic products and components: Export turnover reached US$ 2.09 billion, up 1.7 % over the previous. Thereby, bringing the export turnover of this group in seven months / 2017 to US$ 16.64 billion, up 43.7% over the previous month.

In the seven months, computers, electronic products and components were mainly exported to China with US$ 3.36 billion, twice as much as the same period last year; The United States with US$ 1.68 billion, up 3% and Netherlands with US$ 1.13 billion, up 26.5% …

Footwear: Exports of footwear of all kinds reached US$ 1.3 billion in July, 2017, down 6.4% over the previous month, bringing the export value of this commodity group in seven months of 2017 to US$ 8.34 billion, up 12.2% over the same period last year.

Vietnam’s footwear import markets in the first seven months of 2017 were the US market with over US $ 2.89 billion, an increase of 13.2% over the same period last year; the EU market with nearly US$ 2.69 billion, up 8.6%; and China market with US$ 623 million, up 30.2%; …

Machinery, equipment and other accessories: Export turnover reached $ 1.06 billion in May, up 3.5% over the previous month. Thereby, export turnover of this group in 7 months / 2017 reached $ 6.99 billion, up 30.7% over the same period last year;

In the seven months of 2017, machinery, equipment and spare parts were mainly exported to the following markets: the United States reached US$ 1.42 billion, up 24.5% over the same period last year ; and Japan reached US$ 976 million, up 14.5%; China reached US$ 915 million, up 71.8%; …

Seafood: The total seafood export turnover of Vietnam in July 2017 reached US$ 796 million, up 7.5% over the same period last year. In the first seven months of 2017, Vietnam exported US$ 4.38 billion of seafood, a year-on-year increase of 19.3%, equivalent to US$ 707 million.

By the end of July, 2017, the United States continued to be the leading importer of Vietnamese seafood imports with a total turnover of UD$ 790 million, up nearly 4% over the same period last year. In particular, in the first seven months of 2017, seafood exports to China increased sharply to US$ 543 million, up 57.1 % from the seven months of 2016.

Wood and wood products: reaching an export value of nearly US$ 599 million, down 5.4% compared to June 2017, bringing the export value of this group in the seven months, 2017 to US$ 4.25 billion, up 12.3% over the same period last year.

In the first seven months of 2017, wood and wood products were mainly exported to the following markets: the United States with US$1.78 billion, up 18.9% over the same period last year; China with US$ 628 million, up 17.7% and Japan with US$ 584 million, up 5.9%;

By Ha Nhi/ Huyen Trang

Source: http://customsnews.vn