FDI sector contributes greatly to the export turnover in nine months. (Photo: baodautu.vn)Hanoi (VNA) – Vietnam exported 194.3 billion USD worth of productsin the first nine months of the year, a year-on-year surge of 8.2 percent, theMinistry of Industry and Trade said on September 30.
According to the ministry, 30.7 percent of the export turnover was contributedby the domestic economic sector, and 69.3 percent by the foreign-investedsector.
The US continued to be the largest importer of Vietnam as it splashed out 44.9billion USD on purchasing Vietnamese goods, followed by the EU (31.1 billionUSD), ASEAN (19.4 billion USD), Japan (15.1 billion USD), and the Republic ofKorea (14.5 billion USD).
During the period, 26 products achieved an export turnover of more than 1billion USD, with five of them posting more than 10 billion USD in export value.
To be more specific, shipments of telephones and spareparts fetched 38.6 billion USD; electronic products, computers and spare parts,25.4 billion USD; garments and textiles, 24.8 billion USD; footwear, 13.3billion USD; and machines, equipment and spare parts, 12.9 billion USD. Theyall recorded a good growth of 5.1 percent, 16.9 percent, 10.4 percent, 13.5percent and 7.5 percent, respectively.
On stark contrast, exports of agro-fishery products experienced a substantialdrop, with the sharpest falls seen in shipments of coffee (20.7 percent) andrice (9.7 percent).
Experts said that shipments of agricultural products and seafood depended muchon the Chinese market, and once the Chinese Government tightened importstandards, Vietnamese exporters would find it hard to bring their products to thismarket. Meanwhile, local firms maintained export advantage in the US, the EU,the Republic of Korea and Japan, with most of the exports being electronicproducts, garments-textiles, and footwear./.
VNA
