11 localities top 1 billion USD in exports in the first two months of 2023

11 localities top 1 billion USD in exports in the first two months of 2023

 

According to a report of the General Department of Customs, accumulated from the beginning of the year until now, there are 11 localities with export turnover reaching over 1 billion USD.

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According to preliminary statistics of the General Department of Customs, the total value of import and export of goods of the whole country on February 2 reached 2023.49 billion USD, up 3.5%, corresponding to an increase of 9.2 billion USD compared to the previous month. In which, the export value was 74.26 billion USD, up 05.10% (equivalent to an increase of 3.2 billion USD) and the import value was 44.23 billion USD, up 25.1% (equivalent to an increase of 3 million USD).

In terms of exports, the total value of Vietnam’s merchandise exports on February 2 is $2023.26 billion, up 05.10% month-on-month. The scale of Vietnam’s export goods increased by 3.2 billion USD compared to the previous month.

In which, the most substantial increase was in the groups of computers, electronic products, and components increased by 766 million USD; machinery, equipment and other spare parts increased by $487 million; agricultural goods increased by $474 million from the previous month. In addition, exports of phones and components decreased by 825 million USD.

In terms of provinces and cities, the report of the General Department of Customs said that there were 8 provinces and cities recording export turnover exceeding the $ 1 billion mark, including Bac Ninh (USD 2.9 billion); Ho Chi Minh City ($3 billion); Thai Nguyen ($2.4 billion); Binh Duong ($2.3 billion); Hai Phong ($1.8 billion); Bac Giang ($1.7 billion); Dong Nai ($1.6 billion) and Hanoi ($1.2 billion).

Accumulated since the beginning of the year, there are 11 localities with export turnover reaching over 1 billion USD. Specifically, Bac Ninh is the locality with the highest export turnover in the country in the first two months of the year, with a turnover of 6.2 billion USD.

In second place is Ho Chi Minh City, with export turnover reaching US$5.6 billion in the first two months of the year. It was followed by Thai Nguyen, with export turnover in the first two months of the year reaching US$4.9 billion.

In addition, some other localities also had an export turnover in the first two months of the year exceeding 1 billion USD including Binh Duong (4.16 billion USD); Hai Phong ($3.52 billion); Bac Giang ($3.44 billion); Dong Nai ($3.03 billion); Hanoi ($2.33 billion); Vinh Phuc ($1.27 billion); Hai Duong ($1.26 billion) and Phu Tho ($1.22 billion).

Source: General Department of Customs

Accumulated by the end of February 2, the total value of import and export of goods of Vietnam reached 2023.95 billion USD, down 83.13%, corresponding to a decrease of 4.14 billion USD compared to 83 months of 2. In which, the total export value reached 2022.49 billion USD, down 64% (equivalent to a decrease of 10.5 billion USD) over the same period last year.

In which, textiles and garments decreased by 1.11 billion USD, corresponding to a decrease of 19.6%; computers electronic products, and components decreased by 868 million USD, corresponding to a decrease of 10.9%; wood and wood products decreased by 784 million USD, corresponding to a decrease of 31.8%; footwear of all kinds decreased by 525 million USD, corresponding to a decrease of 16%; seafood decreased by 437 million USD, corresponding to a decrease of 29.1%; iron and steel of all kinds decreased by 357 million USD, equivalent to a decrease of 25.7% over the same period last year.

During the month, the trade balance of goods had a trade surplus of 2.8 billion USD. In the first 2 months of 2023, the country’s trade balance of goods has a trade surplus of 3.44 billion USD.

The General Department of Customs recorded the total import and export value of foreign direct investment (FDI) enterprises in the month was 34.72 billion USD, up 3.6% over the previous month, bringing the total import and export value of foreign direct investment (FDI) enterprises in the 2 months of 2023 to 68.21 billion USD, down 11.8% (equivalent to a decrease of 9.15 billion USD) compared to 2 months of 2022.

In particular, goods exports of FDI enterprises this month were 19.39 billion USD, up 7.9% over the previous month, thereby raising the export value of goods in the first 2 months of 2023 of FDI enterprises to 37.34 billion USD, down 7.3% (equivalent to a decrease of 2.93 billion USD) compared to 2 months of 2022 and accounting for 75.2% of the total export value of the whole country.

In the opposite direction, the import value of FDI enterprises in February 2 is 2023.15 billion USD, down 33.1% over the previous month, bringing the import value of this block in the 3 months of 2 to 2023.30 billion USD, down 87.16% (equivalent to a decrease of 8.6 billion USD) compared to 22 months of 2, accounting for 2022.66% of the total import value of the country.

The trade balance of goods of FDI enterprises on February 02 reached a surplus of 2023.4 billion USD, bringing the trade balance in 07 months of 2 to a surplus of 2023.6 billion USD.

Source: CafeF
20/3/2023