The momentum of decline bongdaso con exports slowed down and ended bongdaso con July 2023 and recorded some markets with positive growth.
bongdaso con a recent report from the Ministry of Industry and Trade (MOIT), exports bongdaso con the last 2 months have increased compared to the previous months. Specifically, bongdaso con July 2023, Vietnam's exports increased by 0,8% compared to June at 29,68 billion USD, which is the second highest export turnover since November 2022.
Previously, Vietnam's main markets such as US, China, EU, Korea,… all reduced their purchases from Vietnam with a reduction ranging from 3,5 to 21,8%.
Up to now, orders from China have increased sharply, especially for agricultural products, processing and manufacturing industries, from negative growth bongdaso con the first 6 months to positive bongdaso con July, which increased by 4,9% after 7 months and reached 31,57 billion USD.
bongdaso con processing industry is also bongdaso con main driver, such as computers, electronic products and components, up 2,6% compared to June, reaching 5,2 billion USD; textiles and garments increased by 4,6% to ,2 billion, footwear by 4,8% to ,85 billion, wood and related products by 5,5%. Rice and vegetables received a record increase of 68,1% to US$ 3,23 billion and 29,6% to US$ 2,58 billion respectively.
bongdaso con reason these two goods recorded a high increase was due to bongdaso con favorable market conditions, India, Russia and UAE recently issued a ban on rice exports, causing rice prices to increase day by day, according to Mr. Tran Duy Dong – Director of bongdaso con Import-Export Department (MOIT) said.
MOIT also added that the US, EU, Japan, and South Korea are still important markets for Vietnam bongdaso con the remaining 5 months of 2023 despite the previous decrease bongdaso con imports, which are also the keys to decide growth rate of Vietnam bongdaso con 2023.
bongdaso con the first 7 months of 2023, Vietnam's export turnover to the US reached 52,4 billion USD, decreased by 21,8%, but the decline slowed down when compared to the first 6 months of the year, recorded a decrease of 22,6 %.
With bongdaso con Chinese market, Vietnam's import to this market last year was about 58 billion USD and is forecasted to exceed 60 billion USD this year.
*Please note that all figures use metric system
Source: https://thegioitiepthi.danviet.vn/xuat-khau-da-thay-tin-hieu-phuc-hoi-chang-cuoi-nam-20230809190129427.htm
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