26 commodities top US$1 billion export value in first 9 months

SGGP
There are 26 commodities earning export value of over US$1 billion each in the first 9 months of 2018, accounting for 90.3 percent of Vietnam’s total exports, according to the General Statistics Office.

In the first 9 months of this year, Vietnam earned US$22.6 billion from exports of textiles – garment.

In the first 9 months of this year, Vietnam earned US$22.6 billion from exports of textiles – garment.

Vietnam earned nearly US$36.1 billion from exports of mobile handsets and spare parts, up 14.6 percent; US$22.6 billion from textiles – garment, up 17.1 percent; US$21.6 billion from computers, electronics and accessories, up 16.7 percent; US$12.1 billion from machinery and components, up 28.7 percent; US$11.8 billion from footwear, up 10.5 percent; US$6.3 billion from wood and timber products, up 13.9 percent; US$5.9 billion from vehicles and parts, up 15.8 percent.
Export turnover of major commodities mainly came from the foreign invested sector, including mobile handsets and spare parts (99.7 percent); computers, electronics and accessories (95.6 percent); machinery and components (89.4 percent); textiles – garment (60.1 percent).
The export of agricultural and fishery products in the first 9 months reached US$6.4 billion, up 6.9 percent. Export of vegetables and rice were US$3 billion, up 15.2 percent and US$2.5 billion, up 22.1 percent respectively.
Export turnover of major commodities that decreased in the first 9 months of 2018 are coffee, cashew, rubber and pepper that were respectively estimated at US$42.8 billion, decreasing by 0.02 percent; US$2.5 billion, decreasing by 0.7 percent; US$1.4 billion, decreasing by 11.4 percent; and US$636 million, decreasing by 34.1 percent compared to the same period in 2017.
Meanwhile crude oil sharply declined in volume and export turnover. The crude oil exports in was estimated at US$1.7 billion, decreasing by 24.6 percent.
In the first 9 months, the country's mining industry and hard industrial sector gained US$89.6 billion, increasing 18.7 percent compared to last year and accounting for 50.1 percent of the total export turnover.
The light industry and handicrafts sectors were estimated at US$66.6 billion, increasing 14.4 percent compared to last year and accounting for 37.2 percent of the total export turnover.
The agriculture and forestry sector reached US$16.3 billion, increasing 6.5 percent and accounting for 9.1 percent of the total export turnover.
The fishing industry sector was US$6.4 billion, up 6.9 percent and accounting for 3.6 percent of the total export turnover.
Notably, Vietnam saw impressive export growth in the U.S. (US$34.9 billion); EU (US$31.1 billion); and China (US$28.1 billion).

By ANH PHUONG – Translated by Kim Khanh

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