(HQ Online) - The latest statistics of the General Department of Customs recorded that export turnover to the US market in the first quarter of 2024 had the highest increase ever.
Information on the import-export situation in the first quarter of 2024 announced by the General Department of Customs today (April 24) shows that exports in the quarter reached 67.17 billion USD, an increase of 13.7% (corresponding to an increase of 8,000 USD). 1 billion USD) compared to the same period last year.
Remarkable, export The 10 largest markets all increased, of which the largest contribution was the US market, which increased by 5.02 billion USD, followed by the EU, which increased by 1.8 billion USD, China, which increased by 1.2 billion USD, and Hong Kong. (China) increased by 1.02 billion USD, ASEAN increased by 0.98 billion USD, Korea increased by 0.51 billion USD... Export turnover to these 6 important markets alone increased by 10.52 billion USD compared to with the same period last year.
Specifically, export turnover to the US market in the first quarter of 2024 reached 25.77 billion USD, an increase of 24.2% (equivalent to an increase of 5.02 billion USD) compared to the same period last year. With this result, exports to the US market make the largest contribution to the increase in Vietnam's export turnover and this is also the highest increase in turnover in this market in the first quarter ever.
The EU is the market block with the second largest contribution to the growth of our country's export turnover, surpassing both China and the ASEAN region. In the first quarter of 2024, exports to the EU reached 12.2 billion USD, an increase of 17.4% (equivalent to an increase of 1.8 billion USD) compared to the same period last year.
Meanwhile, exports to the Hong Kong market in the first quarter of 2024 have the highest growth rate among all major markets of Vietnam. Export turnover to this market in the quarter reached 2.94 billion USD, an increase of 53.7% (equivalent to an increase of 1.02 billion USD) compared to the same period last year. Exports to Hong Kong increased mainly due to the group of computers, electronic products and components with a turnover of 2.02 billion USD, up to 105% (equivalent to an increase of 1.03 billion USD) over the same period. last year.
Source: Customs Online
