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Export of goods exceeded 120 billion USD, high trade surplus

By the end of April, the export turnover of goods had grown strongly (up 16.5%), reaching 122.48 billion USD – according to information announced by the General Department of Customs.

In April, the country’s merchandise exports reached 33.32 billion USD, down 4% compared to the previous month.

In the overall export performance, FDI enterprises reached 24.23 billion USD, down 6.2%, higher than the average decrease of the whole country.

In April, there were 8 groups of export products with a turnover of 1 billion USD or more, including: phones, computers, machinery, textiles, footwear, wood and wood products, iron and steel, and seafood. In which, 4 groups of export products achieved a turnover of 10 billion USD or more.

Accumulated to the end of April, export turnover still grew at a high rate compared to the same period last year (up 16.5%), reaching 122.48 billion USD.

On the other hand, in April, import turnover reached 32.47 billion USD, down 0.6% compared to the previous month. Generally, in 4 months, our country spent 119.95 billion USD importing goods, up 15.3% over the same period last year.

Accumulated by the end of April, the total import-export turnover of the whole country reached 242.43 billion USD.

In April, the trade balance had a surplus of about 850 million USD, in 4 months, Vietnam had a trade surplus of 2.53 billion USD.

By the end of April, the total import-export turnover of the country reached 242.43 billion USD
Evaluating import and export activities over the past time, economist Pham Tat Thang said that import and export results in the first months of the year brought many positive signals not only for businesses but also for the economy.

However, the world situation has many fluctuations, the price of many types of raw materials has increased… is considered to affect import and export activities of Vietnam in the coming time.

Therefore, according to this expert, finding the steps and ways to manage risk is a must. In addition, cooperation between businesses, Distance Cooperation, farmers and Association organizations needs to be tightened further to overcome the challenges of the market together.

The Ministry of Industry and Trade said that in order to keep up the pace of growth, the ministry’s leaders have asked functional units to support businesses in market information, export promotion, and taking advantage of commitments in FTAs. sign and adopt global value chains to find new markets

At the same time, closely monitor fluctuations of the international situation, proactively assess the impacts of such events on production, import and export of Vietnam in order to promptly make appropriate adjustments and responses. strengthen information work and support for associations and businesses.

Along with that, review and assess domestic demand for strategic commodities such as fertilizers, petroleum, coal, etc. to take appropriate management measures for export and import activities, while taking full advantage of the situation. take advantage of price opportunities to export and secure supply.

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