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Import-export revenue rises over 16 percent in nine months
Revenue from import-export activities hit USD 578 billion in the first nine months of 2024, a rise of over 16 percent year on year, according to the General Statistics Office (GSO).
Import-export activities at Hai Phong port__Photo: VNA

Revenue from import-export activities hit USD 578 billion in the first nine months of 2024, a rise of over 16 percent year on year, according to the General Statistics Office (GSO).

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

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

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

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

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

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

The figure pushed the total import value in nine months to USD 279 billion, up 17 percent year on year, with USD 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 USD 1 billion each, accounting for 91.5 percent of the total import turnover.

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

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

Overall, Vietnam posted a trade surplus of USD 2.3 billion in September and USD 20.79 billion the Jan-Sept period, higher than USD 22.1 billion recorded in the same period last year.- (VNA/VLLF)

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