26 commodities earn export value of over USD1 billion

Wednesday, 02/10/2019 10:16
As many as 26 export commodities bagged more than USD1 billion each, equivalent to 89.8% of Vietnam’s total export turnover, said the Ministry of Industry and Trade on September 30th.

Textile and garment export value hits nearly USD8.7 billion

Forestry export value hits over USD9 billion

26 commodities bring in over USD1 billion in export value

Garments and textiles among five commodities earning an export value of over USD10 billion. (Photo: Cafebiz.vn)


Of this, five commodities registered an export value of over USD10 billion.

Specifically, telephone and components earned the largest export value of USD38.6 billion, equivalent to 19.9% of the total or a year-on-year rise of 5.1%. It was followed by electrical, computer, spare parts with USD24.5 billion (up 16.9%); garments and textiles USD24.8 billion (up 10.4%); footwear USD13.3 billion (up 13.5%); and machinery, equipment and tools USD12.9 billion (up 7.5%).

Although exports of wood and wooden products met difficulties due to new technical barriers from markets, businesses made best efforts to boost shipment with USD7.5 billion, up 17%. Means of transport and spare parts bagged USD6.4 billion, up 8.1%. 

On vice versa, export turnover of most agricultural and seafood products in nine months decreased sharply. Of this, the sharpest reduction went to coffee with 20.7%; followed by rice 9.7% and cashew, pepper and tea 4-6%.

The US is now the biggest export markets of Vietnam with USD44.9 billion, a year-on-year rise of 28.2%. Followings are the EU USD31.1 billion, down 0.7%; ASEAN USD19.4 billion, up 4.7%; Japan USD15.1 billion, up 10% and the Republic of Korea USD14.5 billion, up 8.1%./.

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