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According to preliminary data released by the General Department of Customs on the afternoon of December 26, the import and export value of goods of Vietnam in the period from December 1, 2022 (from December 1 to December 15, 2022) reached 27.58 billion USD , down 3.8% (equivalent to USD 1.1 billion) compared to the results in the second half of November 2022.

The results achieved in the first half of December 2022 let the total import-export value of the whole country reach US$701.28 billion by the end of December 15, 2022, an increase of 10.5%, an absolute increase of almost $66.9 billion corresponds to tenors over the same period in 2021.

In which the total import-export value of foreign direct investment (FDI) enterprises reached US$487.45 billion, up 10.7% (equivalent to US$47.04 billion); The import-export value of domestic enterprises was US$213.83 billion, up 10.2% (equivalent to US$19.86 billion) from the same period in 2021.

In terms of exports in particular, they reached $13.62 billion in December 1st, 2022, a decrease of 11.1% (equivalent to a decrease of $1.7 billion in absolute terms) compared to the second period in corresponds to November 2022.

Some commodity groups with export value decreased in December 1, 2022 compared to November 2, 2022, including: All kinds of phones and components, down $378 million (equivalent to 17.6%); other machinery, equipment, tools and spare parts decreased by USD 377 million (equivalent to 18.7%); Computers, Electronic Products & Components declined $184 million (equivalent to 7.7%); Textiles & Apparel declined $115 million (equivalent to a 7.8% decrease)…

Thus, the total export value of Vietnam from the beginning of the year to the end of December 15, 2022 reached USD 355.82 billion, an increase of 12% (equivalent to USD 38.2 billion) compared to the same period in 2021.

A number of commodity groups rose sharply, such as: machinery, equipment, tools and other spare parts increased by US$7.72 billion (equivalent to 21.5%); Footwear increased $6.24 billion (equivalent to 37.4%); Textiles & Apparel grew $5.28 billion (an increase of 17.2%); Computers, Electronic Products & Components grew $4.92 billion (an increase of 10.3%)…over the same period in 2021.

Treatmentá the export of a number of large h´m hàs accumulated from 01/01/2022 to 12/15/2022 và period 2021. Source: General Department of Customs.
The export value of some major commodity groups has accumulated from January 1, 2022 to December 15, 2022
and the same period in 2021. Source: General Department of Customs.

Statistics from the General Department of Customs also show that the export value of goods by FDI companies reached US$9.96 billion in the first period ended December 1, 2022, down 12.2% (equivalent to a decline from December 1, 2022). $.39 billion) through November 2, 2022.

From the beginning of the year to the end of December 15, 2022, the total export value of goods of the group of FDI companies reached US$262.6 billion, up 13.1% (equivalent to an increase of US$30.32 billion ) compared to last year, the same period last year, accounting for 73.8% of the country’s total export value.

From the opposite direction, the total value of Vietnam’s imported goods reached US$13.96 billion in the first period ended December 1, 2022, an increase of 4.5% (equivalent to an absolute increase of US$599 million) compared to the Previous year result corresponds to results in the second half of November 2022.

The import value of goods for December 1, 2022 increased compared to the period on November 2, 2022, mainly in the following commodity groups: crude oil increased by USD 250 million (an increase of 104.7%); Computers, electronic products and components increased by US$226 million (equivalent to 8.3%); All Kinds of Iron & Steel grew $168 million (an increase of 54.6%); Gasoline and Oil of All Kinds rose $143 million (an increase of 37.6%)…

Thus, the total import value of the whole country from the beginning of the year to the end of December 15, 2022 reached US$345.47 billion, up 9.1% (an increase of US$28.67 billion) over the same period corresponds to the previous year. 2021

A number of product groups rose sharply, e.g. B.: Computers, electronic products and components increased by US$7.06 billion (equivalent to 9.8%); Gasoline & Oil All Kinds up $4.74 billion (an increase of 120.6%); Crude Oil up $2.75 billion (up 56%); All Kinds of Coal was up $2.68 billion (a 65% increase)…compared to the same period in 2021.

Treatmentá import of a number of large h´m hàs, accumulated from 01/01/2022 to 11/15/2022 và period 2021. Source: General Department of Customs.
The import value of some large groups of goods has accumulated from January 1, 2022 to November 15, 2022
and the same period in 2021. Source: General Department of Customs.

The General Department of Customs report shows that the import value of goods from FDI companies reached nearly USD 8.8 billion during the period, an increase of 2.1% (equivalent to USD 179 million) compared to the previous 2 months is equivalent to.

From the beginning of the year to the end of December 15, 2022, the total import value of the group of FDI companies reached US$224.85 billion, an increase of 8% (equivalent to US$16.72 billion) compared to the same period in 2021 equals 65.1% of the country’s total import value.

With the above results, the goods trade balance had a deficit of USD 342 million in the first December period of 2022. However, from the beginning of the year to the end of December 15, 2022, the trade balance showed a surplus of $10.35 billion.

It can be seen that the continuation of the trade surplus has positively contributed to the balance of payments and has helped to improve foreign exchange reserves, stabilize exchange rates and stabilize other macroeconomic indicators of the economy.

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By Martine

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