Vietnam records US$33.62bn in export value in Jan-Feb
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Vietnam had six groups of export commodities gaining at least US$1 billion in export value in the first two months of 2018.
This was revealed by the General Department of Customs.
The result was one more group than that in the first two months of 2017. The new “billion dollar” goods item was seafood, which was the largest export product of the agricultural sector.
In the first two months of this year, the export value of seafood reached $1.1 billion, up 20.4 per cent over the same period last year. However, its export value in February reduced 37.3 per cent month-on-month to $430 million.
Five others included the group of telephone and its parts; the group of computer, electronic products and their parts; the group of other machines, equipment, tools and components; the group of footwear; and the group of textile and garmentt.
The department said all export commodities gaining billion-dollar export value achieved double-digit growth rate in export value.
During the first two months of this year, the export value of telephone and its parts reached $6.63 billion, a year-on-year increase of 41.7 per cent, the largest export value among all.
Textiles and apparels gained a surge of 22.3 per cent year-on-year in export value to reach $4.3 billion. This was considered the highest growth rate in export value of the textile and garment industry in recent years.
Computers, electronic products and their parts had an estimated export value of $4 billion, up 19.2 per cent over the same period last year. The export value was $2.27 billion for footwear products, up 11.9 per cent, and $1.27 billion for wood and wooden products, up 20.1 per cent compared to the same period last year.
By the end of February, the total national export value was estimated at $33.62 billion, a year-on-year increase of 22.9 per cent. Of this, $19.57 billion came from the six groups of commodities earning a billion dollars in export value, accounting for 58.2 per cent of the total export value.
Questions & Answers
Q.Which export commodity group had the highest export value in Vietnam during the first two months of 2018?
Which export commodity group had the highest export value in Vietnam during the first two months of 2018?
The group of telephone and its parts had the highest export value, reaching $6.63 billion. This represented a significant year-on-year increase of 41.7 per cent.
Q.What was the total export value for Vietnam in the first two months of 2018, and how much did the billion-dollar commodity groups contribute?
What was the total export value for Vietnam in the first two months of 2018, and how much did the billion-dollar commodity groups contribute?
The estimated total national export value was $33.62 billion, a 22.9 per cent increase year-on-year. The six groups earning over a billion dollars contributed $19.57 billion, accounting for 58.2 per cent of the total.
Q.How did seafood's export value perform in February compared to the previous month, despite being a new 'billion dollar' item?
How did seafood's export value perform in February compared to the previous month, despite being a new 'billion dollar' item?
Although seafood's export value reached $1.1 billion in the first two months, its value in February alone reduced by 37.3 per cent month-on-month. It was $430 million for that month.
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