{"id":4696,"date":"2024-04-09T01:53:46","date_gmt":"2024-04-08T18:53:46","guid":{"rendered":"https:\/\/vietnamsourcingexpo.vn\/?p=4696"},"modified":"2024-04-09T01:53:46","modified_gmt":"2024-04-08T18:53:46","slug":"vietnam-trade-grow-early-2024-driven-by-export","status":"publish","type":"post","link":"https:\/\/vietnamsourcingexpo.vn\/en\/vietnam-trade-grow-early-2024-driven-by-export\/","title":{"rendered":"Vietnam&#8217;s Trade Growth Surges in Early 2024, Driven by Exports"},"content":{"rendered":"<h5 class=\"detail__summary\">Exports jump nearly 20% year-on-year in the first two months of 2024, while imports also see significant growth, leading to a $5 billion trade surplus.<\/h5>\n<p>&nbsp;<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-4697 aligncenter\" src=\"https:\/\/vietnamsourcingexpo.vn\/wp-content\/uploads\/2024\/04\/xuat-khau-hang-hoa.jpg\" alt=\"\" width=\"800\" height=\"538\" srcset=\"https:\/\/vietnamsourcingexpo.vn\/wp-content\/uploads\/2024\/04\/xuat-khau-hang-hoa.jpg 800w, https:\/\/vietnamsourcingexpo.vn\/wp-content\/uploads\/2024\/04\/xuat-khau-hang-hoa-300x202.jpg 300w, https:\/\/vietnamsourcingexpo.vn\/wp-content\/uploads\/2024\/04\/xuat-khau-hang-hoa-768x516.jpg 768w, https:\/\/vietnamsourcingexpo.vn\/wp-content\/uploads\/2024\/04\/xuat-khau-hang-hoa-120x81.jpg 120w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: center;\"><em><span style=\"font-size: 14px;\">Total import-export value exceeds $113 billion in the first two months of the year, marking an 18.1% year-on-year increase.<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<p>Vietnam&#8217;s total import-export value reached $113.43 billion in the first two months of 2024, marking an 18.1% increase compared to the same period in 2023, according to preliminary statistics released by the General Department of Customs on March 21st, 2024.<\/p>\n<p>The second half of February 2024 saw particularly strong growth, with import-export value reaching $28.41 billion, a 46.7% increase ($9.05 billion) compared to the first half of the month. This momentum contributed significantly to the overall two-month performance.<\/p>\n<p>Foreign direct investment (FDI) enterprises played a significant role, with their total import-export value reaching $78.08 billion in the first two months of 2024, a 14.5% ($9.88 billion) increase year-on-year. Domestic businesses also saw substantial growth, with their total import-export value reaching $35.35 billion, a 26.9% ($7.49 billion) increase compared to the previous year.<\/p>\n<h6><strong>Exports Power Ahead<\/strong><\/h6>\n<p>Vietnam&#8217;s export value surged in the second half of February 2024, reaching $14.73 billion, a 48.2% increase ($4.79 billion) compared to the first half of the month. This strong performance contributed to a total export value of $59.21 billion for the first two months of 2024, representing a robust 19% ($9.45 billion) year-on-year increase.<\/p>\n<p>FDI enterprises were major contributors to export growth, with their export value reaching $10.85 billion in the second half of February, a 48.1% ($3.53 billion) increase compared to the first half of the month. Their total export value for the first two months of 2024 reached $43.04 billion, representing a 15.3% ($5.7 billion) year-on-year increase and accounting for 72.7% of Vietnam&#8217;s total exports.<\/p>\n<h6><strong>Imports Also Rise<\/strong><\/h6>\n<p>Vietnam&#8217;s import value in the second half of February 2024 reached $13.68 billion, a 45.2% ($4.26 billion) increase compared to the first half of the month. This brings the total import value for the first two months of 2024 to $54.21 billion, a 17.1% year-on-year increase ($7.59 billion).<\/p>\n<p style=\"text-align: right;\"><em>Source: en.vneconomy.vn<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>Connecting International Goods Supply Chains \u2013 VIET NAM INTERNATIONAL SOURCING EXPO 2024<\/p>\n<p><b>Time:<\/b>\u00a006 \u2013 08\/06\/2024<\/p>\n<p><b>Venue:\u00a0<\/b>SECC, 799 Nguyen Van Linh, District 7, Ho Chi Minh City, Vietnam.<\/p>\n<p><b>Hotline:\u00a0<\/b>(+84) 24 3516 2063<\/p>\n<p><strong>Website:<\/strong>\u00a0<a href=\"http:\/\/vietnamsourcingexpo.vn\/\">vietnamsourcingexpo.vn<\/a><\/p>\n<p><b>Email:<\/b>\u00a0<a href=\"mailto:contact@vietnamsourcingexpo.vn\">contact@vietnamsourcingexpo.vn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exports jump nearly 20% year-on-year in the first two months of 2024, while imports also see significant growth, leading to a $5 billion trade surplus. &nbsp; Total import-export value exceeds $113 billion in the first two months of the year, marking an 18.1% year-on-year increase. &nbsp; Vietnam&#8217;s total import-export value reached $113.43 billion in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[],"class_list":["post-4696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"_links":{"self":[{"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/posts\/4696"}],"collection":[{"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/comments?post=4696"}],"version-history":[{"count":0,"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/posts\/4696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/media\/4697"}],"wp:attachment":[{"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/media?parent=4696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/categories?post=4696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vietnamsourcingexpo.vn\/en\/wp-json\/wp\/v2\/tags?post=4696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}