The latest statistics of the General Department of Customs show that, by the end of 11 months, the scale of import and export turnover of goods reached approximately 674 billion USD. Specifically, in November, export turnover reached 29 billion USD, down 4.4% compared to the previous month.
In November, there were 7 groups with turnover of 1 billion USD or more: phones and components; computers, electronic products and components; machinery, equipment, tools and spare parts; Textile; footwear; wood and products; means of transport and spare parts.
Notably, up to 5/7 of the main commodity groups had a decrease in turnover compared to the previous month, including the 3 largest commodity groups.
Despite the decline in November, in the first 11 months of the year, the country's exports still maintained remarkable growth with a total turnover of nearly 342.2 billion USD, up 13.4% over the same period last year.
Textiles and garments are one of the items with high turnover
In the opposite direction, import turnover in November reached 28.28 billion USD, up 1.3% over the previous month. By the end of November, import turnover reached 331.5 billion USD, up 10.1% over the same period in 2021.
Thus, in 11 months, the total import-export turnover reached approximately 674 billion USD, of which the trade balance reached a large surplus with a trade surplus of 10.7 billion USD.
With the scale of turnover and the recent growth rate, it is expected that in mid-December, the country's import and export turnover will reach 700 billion USD.
To support import and export enterprises, recently, the Ministry of Industry and Trade has issued Decision No. 2615/QD-BCT approving the List of "Prestigious Export Enterprises" in 2021. Based on the proposals of 54 agencies and organizations (including ministries, sectors, industry associations, provincial and municipal Departments of Industry and Trade), the Ministry of Industry and Trade has selected 281 enterprises (equivalent to 289 enterprises in 27 categories).
The list of reputable export enterprises is compiled and published on the basis of selection and proposals of relevant agencies, selected on the basis of criteria prescribed by the Ministry of Industry and Trade on the minimum export turnover, business reputation for foreign customers, on the observance of obligations to the State in the field of customs, the field of taxation, the field of environment... This is a very necessary activity to support Vietnamese businesses to boost exports and expand markets, especially when Vietnam has participated in a series of bilateral and multilateral free trade agreements.
In the coming time, the Ministry of Industry and Trade will make efforts to diversify import and export markets, taking advantage of opportunities of each market and item to boost exports. In particular, focusing on guiding enterprises to take advantage of signed FTAs, diversify markets, regardless of traditional markets; take advantage of demand when EU countries cut production for some heavy industrial goods, chemicals, fertilizers, steel ...; many countries restrict food exports to stabilize the country... to boost the export of these items.
Lan Phuong - Baomoi.com
