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Overview of Export activity in 1Q

The turn-over of export activity in 1Q reached $24.5 billion, rose to 23.6% in the comparison to last year. The export activity has more good news than import. Super import was only $251 million, the rate was 1.02%. It is the expected start-up.

 

The general result acknowledged the contribution of FDI, raised by 48.8%. In the first position was textile ($3.2 billion). Then, eight kinds of product handling turn by turn: aqua; coffee; crude oil; footwear; computer, electron and components; mobile phone and devices; machine, tools and appliances.

 

 

In the first month of the year, aqua product export was only $363 million, declined to 16.4% over the last year due to the reduction of the main markets such as EU, USA, Japan, ASEAN. However, thanks to the turn-over in February and March, the revenue of these goods still preserved the manners.

 

The quantity and also the value of rice export in the 1Q was 60% of the last same period. However, this situation will be sonly improved. In the first 19 days of March, they have signed the contract with the total value was 555,000 tons. The total value increased to 2.6 million tons. In this speed, at the end of March, it is likely that the quantity will be 3 million tons. The major markets are Malaysia, Indonesia, Philippines and China. Recently, we have had a contract with Guinea. The straight way has been opened for us.

 

 The processing industry elevated to 39%. Not only textile, mobile phone has speeded up from the earlier year with 179% in augment. Footwear, steel products, rubber products, computer, electron and components, machine and tools all surprising developed.

 

Mentioning about milk and milk products, Vinamilk has developed and enlarged its scale in some new markets such as Thailand, Philippines, etc. Particularly, Vietnam milk brands have started to become well-known and favorite.

 

 Export activity in 1Q, 2012

 

Product

Quantity (ton)

Value (USD)

Total turn-over

 

24,805,796,337

FDI

 

13,689,738,589

Aqua

 

1,302,713,637

Vegetable and Fruit

 

145,484,672

Cashew nut

36,757

257,401,458

Coffee

500,462

1,066,230,036

Tea

29,903

41,535,982

Pepper

30,790

210,015,880

Rice

1,307,105

644,144,554

Cassava products

1,259,947

372,956,452

Cassava

857,226

208,398,370

Confectionary and cereals

 

89,615,997

Coal

3,187,355

285,669,448

Crude oil

1,728,663

1,675,115,391

Gasoline and petrol

582,500

584,840,366

Minerals

179,129

38,914,918

Chemical

 

70,627,176

Fertilizer

294,793

130,790,435

Plastic

58,174

106,792,734

Plastic products

 

368,657,258

Rubber

213,255

623,886,083

Rubber products

 

96,877,506

Handbag, wallet, hat & umbrella

 

324,943,669

Rattan and bamboo products

 

50,973,801

Wood and wooden products

 

1,027,536,342

Wooden products

 

782,856,043

Paper and paper products

 

100,966,311

Fiber

145,168

425,147,534

Textile

 

3,312,317,539

Fabric

 

252,901,857

Footwear

 

1,491,338,458

Leather

 

162,150,132

Pottery and ceramics

 

101,856,963

Glass products

 

100,819,725

Gems

 

125,228,214

Iron and steel

422,475

365,122,205

Iron and steel products

 

322,591,469

Metals  

 

103,608,137

Computer and electron

 

1,626,891,527

Mobile phones and components

 

2,692,795,717

Machine and devices

 

1,258,168,450

Wire and cable

 

192,539,400

Transportation and spare parts

 

940,695,894

Boat  

 

228,442,789

Automobile accessories

 

599,007,152

Others

 

1,829,511,131

 

Translated by: Maxib2b.com

  • Overview of Export activity in 1Q

Source: Vinanet

Industrial exports expected to stall
Industrial exports expected to stall

HA NOI — The Ministry of Industry and Trade (MoIT) has warned of upcoming challenges in finding industrial export contracts due to financial difficulties in key export markets such as the EU and US.

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  • advers