Export-import turnover reaches $1.41 billion during Tết

Feb 21st at 13:45
21-02-2024 13:45:34+07:00

Export-import turnover reaches $1.41 billion during Tết

Việt Nam’s export-import turnover reached US$1.41 billion during the Lunar New Year (Tết) holiday which lasted from February 8 - 14, according to the General Department of Vietnam Customs.

A corner of Tân Thanh Border Gate in Lạng Sơn province. — VNA/VNS Photo

The agency reported that over 1,000 businesses nationwide engaged in import and export activities during the seven-day period. Meanwhile, nearly 10,000 customs declarations were processed in the reviewed period.

During the holiday, Việt Nam earned $730 million from exports, while spending $680 million on imports.

The commodity group of phones and components was the largest earner with $282.8 million, making up 38.7% of the total export value during Tết. It was followed by electronic products and components ($263.6 million) and machinery and equipment ($54.4 million), accounting for 36.1% and 7.5%, respectively.

Việt Nam imported from the Republic of Korea goods with total value of nearly $239 million, accounting for 35.2% of the total import value during Tết.

The department said the import-export value of the country totaled $82.56 billion from January 1-February 14, up 17.1% compared to the same period last year.

Of the figure, export revenues hit $43.83 billion, while imports were valued at $38.73 billion, resulting in a trade surplus of over $5.1 billion. 

Bizhub





NEWS SAME CATEGORY

Hà Nội continues to support businesses to exploit new markets

The capital Hà Nội will continue to support businesses to exploit new markets by taking advantage of FTA agreements, and support businesses to complete official...

Farm exports expect breakthrough

Việt Nam's export of agricultural products recorded impressive growth in the first month of 2024 and is expected to see a breakthrough in the whole year.

SCG announces operating results in FY 2023

Thai conglomerate SCG has announced its operating results for 2023, demonstrating robustness and resilience despite a decrease in sales due to the global economic...

Canadian enterprises learn about Vietnamese market

The Export Development Canada (EDC) recently coordinated with the Vietnamese Trade Office in the country to organise a seminar to update Việt Nam’s economic...

Hanoi encourages firms to sell to foreign distribution networks

The Hanoi People's Committee has approved a project focusing on the development of export and import markets for sustainable growth.

Hanoi to support OCOP entities export in 2024

In 2024, Hanoi will continue to support One Product One Commune (OCOP) entities to standardize production processes for export.

Support policies needed to develop green hydrogen

The Government should implement support policies to ensure the development and competitiveness of clean hydrogen sources in the country.

Tiền Giang Province working hard to achieve $5b export target

Enhancing trade promotion is among the things the Tiền Giang Province Department of Industry and Trade plans to do this year to achieve the export target of US$5...

Việt Nam exports millions of dollars worth of farm produce to China during Tết

Việt Nam exported farm produce and seafood worth millions of dollars to China through borders in Quảng Ninh, Lạng Sơn and Lào Cai during the Lunar New Year (Tết)...

Bình Phước conference to solicit investment in high-tech agriculture

A business forum to showcase the potential of and investment initiatives, especially in high-tech agriculture, will be organised in the southern province of Bình...


MOST READ


Back To Top