Import-export revenue rises over 16% in nine months

In September alone, the figure reached US$65.8 billion, down 8% from that of August and up 10.9% year on year, including exports of over US$34 billion, a decline of 10% month on month.

In the third quarter, export turnover was estimated at US$108.6 billion, up nearly 16% over the same period last year and 10.6% over the second quarter.

In the Jan-Sept period, exports hit US$299.63 billion, up 15.4% over the same period last year. Of this, the domestic sector earned more than US$83 billion, a rise of nearly 21%, accounting for 28% of total export turnover, while the foreign-invested sector (including crude oil) contributed US$216 billion, up 13.4%, accounting for 72%.

Also in the nine-month period, 30 kinds of goods achieved export turnover of over US$1 billion each, accounting for 92% of the total export turnover, the earning of seven of which was US$10 billion in exports, accounting for over 66%.

Meanwhile, in September, the country imported over US$32 billion worth of goods, down nearly 6% month on month but up 11% year on year.

In the third quarter of 2024, import turnover neared US$100 billion, up 17% over the same period last year and 6% over the second quarter.

The figure pushed the total import value in nine months to US$279 billion, up 17% year on year, with US$178 billion coming from the foreign-invested sector.

In the first nine months of 2024, there were 40 kinds of goods posting an import value of over US$1 billion each, accounting for 91.5% of the total import turnover.

The US remained the largest export market of Vietnam with a revenue of nearly US$90 billion. In the first nine months of this year, Vietnam enjoyed a trade surplus of US$78.5 billion with this market.

Meanwhile, China was the biggest supplier of Vietnam with a value of US$105 billion, resulting in a trade surplus of more than US$61 billion for Vietnam.

Overall, Vietnam posted a trade surplus of US$2.3 billion in September and US$20.79 billion the Jan-Sept period, higher than US$22.1 billion recorded in the same period last year.