4 localities have export turnover of 10 billion USD

By the end of April, there were 4 provinces and cities with export turnover of 10 billion USD or more, according to the latest preliminary statistics of the General Department of Customs.

4 localities that exported tens of billions of dollars by the end of April include: Ho Chi Minh City, Bac Ninh, Thai Nguyen and Binh Duong.

4 localities exporting tens of billions of dollars by the end of April include: Ho Chi Minh City, Bac Ninh, Thai Nguyen and Binh Duong

Compared to the same period in 2023, the number of provinces and cities exporting tens of billions of dollars increased in two localities, Thai Nguyen and Binh Duong.

By the end of April, Thai Nguyen’s export turnover reached 10.96 billion USD, an increase of 17.87% (equivalent to an increase in turnover of 1.66 billion USD) compared to the same period in 2023.

Meanwhile, Binh Duong’s turnover reached 10.7 billion USD, an increase of 12.92% (equivalent to an increase in turnover of more than 1.2 billion USD) compared to the same period last year.

Regarding the scale of turnover, Ho Chi Minh City still remains the leading locality in the country in exports with 14.78 billion USD, an increase of 15.92% (equivalent to an increase in turnover of more than 2 billion USD) compared to the same period in 2023.

Although Bac Ninh still holds the second position in the country in terms of exports, it is the only locality among the four provinces and cities exporting tens of billions of dollars whose turnover decreased compared to the same period last year.

In the past 4 months, Bac Ninh’s exports only reached 11.22 billion USD, down nearly 700 million USD compared to the same period in 2023.

In addition to the four localities mentioned above, there are many provinces and cities with export turnover of billions of dollars such as Hai Phong, Bac Giang, Dong Nai…

By the end of April, the country’s total export turnover reached 123.98 billion USD, an increase of 15.1% (equivalent to an increase of 16.26 billion USD) compared to the same period last year.

Exports to the United States reached 34.73 billion USD, up 21.17%.

According to preliminary statistics just announced by the General Department of Customs, in April, Vietnam’s exports to the United States reached 8.98 billion USD, thereby bringing the total turnover in the first 4 months of the year to 34.73 billion USD.

Export turnover to the United States in the past 4 months has grown strongly with an increase of 21.17% over the same period in 2023 (equivalent to an increase in turnover of more than 6 billion USD).

Exports to the United States still grow well

Thus, the United States continues to maintain its position as Vietnam’s largest export market. By the end of April, this market alone accounted for 28% of the country’s total export turnover.

By April, there were 7 groups of goods exported to the United States with a turnover of 1 billion USD or more, an increase of 1 group compared to the same period last year.

The new billion-dollar group is transportation vehicles and spare parts with a turnover of more than 1 billion USD, up 21.77% over the same period last year (equivalent to an increase in turnover of nearly 181 million USD).

Other billion-dollar groups include: computers, electronic products and components; machinery, equipment, tools and spare parts; Phones and components; textile; wood and wood products; Footwear.

Rice exports to the Philippines increased by 41%

In the first 4 months of the year, Vietnam exported more than 3 million tons of rice. Of these, the Philippine market imports nearly half, continuing to be our country’s largest rice import market.

Vietnamese rice grains are very popular, meeting the diverse needs of Filipino consumers. This market still has many opportunities for our country’s rice businesses to continue promoting exports, maintaining the No. 1 position in rice exports to the Philippines.

Rice exports to the Philippines increased sharply

From the beginning of the year until now, our country’s rice exports have continued to grow positively. Total export turnover in the first quarter reached more than 2 million USD, up 33.6% over the same period last year. Notably, the Philippine market not only increased output, but also increased value by 41%, with an average price reaching 642 USD/ton.

Thailand and India, the world’s two leading rice exporting countries, account for a large proportion of the Philippines’ rice import market share. But currently, India is in a state of banning rice exports to ensure national food security, while Thailand only competes in the high-end rice segment. This is a good opportunity for Vietnamese rice to grow strongly in this potential market.

Vietnamese rice exports to the Philippines this year will exceed 4 million tons. Proactively adapting to new market methods and overcoming export barriers will be the best solution for businesses to maintain 80% market share in the large rice import market in Southeast Asia.

Export of cassava and cassava products earned more than 500 million USD.

According to preliminary statistics from the General Department of Customs, Vietnam’s export of cassava and cassava products in April reached 183,361 tons with a value of more than 80 million USD. Cumulatively in the first 4 months of the year, this item has earned more than 510 million USD with more than 1.1 million tons, a slight decrease of 3.5% in volume but an increase of 13.8% in value compared to the same period in 2023. .

In terms of market, China is the largest market for Vietnamese cassava with output and value accounting for 91% of the country. Specifically, in 4 months, our country exported 1,054 million tons of cassava to China with a value of more than 470 million USD, a slight increase of 0.2% in volume but an increase of 18% in value compared to the same period last year. The average export price reached 446 USD/ton, up 18% over the same period last year.

China continues to be Vietnam’s second largest export market.

According to the latest statistics of the General Department of Customs, by the end of April, Vietnam’s exports to the Chinese market reached 17.7 billion USD, an increase of 10.9% over the same period last year (equivalent to an increase in turnover). 1.74 billion USD).

With the above results, China continues to be Vietnam’s second largest export market (after the US market).

Exporting to China remains important to Vietnam

Notably, by the end of April, there were 5 groups of our country’s exports to this neighboring country with a turnover of 1 billion USD or more, an increase of 3 groups compared to the same period in 2023.

3 product groups are cameras, camcorders and components reaching 1.88 billion USD (up 102.8%); fruits and vegetables reached 1.16 billion USD (up 44.6%); machinery, equipment, tools and spare parts reached more than 1 billion USD (up 7%).

The remaining two billion dollar groups are computers, electronic products and components reaching 3.98 billion USD (up 23.5%); phones and components reached 3.47 billion USD (down 14%).

Thus, among the main export product groups, phones and components are the only product groups with a decrease in turnover compared to the same period last year. This also causes phones and components to lose their position as Vietnam’s largest export product group to China in the group of computers, electronic products and components.

According to Vietnam Industry and Trade Newspaper.