12/10/2022
U&I Logistics - According to the General Statistics Office, the United States is still the largest export market of Vietnam with an estimated turnover of 86.3 billion USD.
Merchandise export turnover in September 2022 was estimated at US$ 29.94 billion, down 14.3% over the previous month and up 10.3% over the same period last year. In the third quarter of 2022, export turnover was estimated at $96.5 billion, up 17.2% over the same period last year and down 0.5% compared to the second quarter of 2022. In the first nine months of 2022, export turnover of goods is estimated at 282.52 billion USD, up 17.3% over the same period last year.
Regarding the structure of export products in the first nine months of 2022, the group of processed industrial products accounted for 89%, up 17.2% over the same period last year.
Regarding imports, the import turnover of goods in September 2022 was estimated at USD 28.8 billion, down 7.3% from the previous month and up 6.4% over the same period last year. In the third quarter of 2022, import turnover was estimated at $90.7 billion, up 8.1% over the same period last year and down 7.1% compared to the second quarter of 2022. In the first nine months of 2022, the import turnover of goods was estimated at US$276 billion, up 13% over the same period last year.
Regarding the structure of imported goods in the first nine months of 2022, capital goods accounted for 93.9%, up 0.1% over the same period last year.
Regarding the export and import market of goods in the first nine months of 2022, the United States is the largest export market of Vietnam with an estimated turnover of 86.3 billion USD. China is Vietnam's largest import market with an estimated turnover of 91.6 billion USD. In the first nine months of 2022, trade surplus to the EU was estimated at US$24.3 billion, up 48.2% over the same period last year; trade deficit from China was 51.5 billion USD, up 21.3%.
The balance of trade in goods in September was estimated to have a trade surplus of 1.14 billion USD. In the first 9 months of 2022, the trade balance of goods is estimated to have a trade surplus of 6.52 billion USD (the same period last year, the trade deficit was 3.44 billion USD).
In the first nine months of 2022, service export turnover is estimated at 8.2 billion USD, up 118.4% over the same period in 2021; service import turnover was estimated at 19.4 billion USD, up 28.5% over the same period last year.
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