Vietnam’s first half of textile and garment exports increased by .%
According to statistics from the General Bureau of Statistics of Vietnam, Vietnam’s export value in June this year (2016) was approximately US$14.8 billion, an increase of 3% from the previous month (May), and an increase of 4.4% from the same period last year (2015); of which Vietnam The export value of foreign-funded enterprises was approximately US$4.29 billion, an increase of 2.4%, and the export value of foreign-invested enterprises (including crude oil) was approximately US$10.51 billion, an increase of 3.2%. Products with increased export value in June this year compared with the same period last year include other machinery and equipment and their parts, which increased by 14.6%, electronic products, computers and their parts, which increased by 12.2%, and footwear which increased by 11.7%.
The cumulative export value in the first half of this year was approximately US$82.2 billion, an increase of 5.9% over the same period last year, of which the export value of Vietnamese-funded enterprises was approximately US$23.7 billion, an increase of 3.3%; the export value of foreign-invested enterprises (including crude oil) reached US$58.5 billion, an increase of 6.9%. The main export products with an increase in export value in the first half of this year compared with the same period last year include electronic products and their parts, which increased by 16.7% to 17.1 billion U.S. dollars, textile and clothing products, which increased by 5.1% to 10.7 billion U.S. dollars, and electronic products, computers and their parts, which increased by 7.9 billion U.S. dollars. An increase of 7.1%, and footwear was US$6.3 billion, an increase of 8.8%. However, the export value of several products decreased, including: rice to US$1.3 billion, a decrease of 2.7%, crude oil to US$1.1 billion, a decrease of 46.6%, steel to US$832 million, a decrease of 5.2%, and rubber to US$530 million, a decrease of 12.3%.
Regarding export markets, the United States remained Vietnam’s largest export market in the first half of this year, with an export value of US$17.7 billion, an increase of 12.8%, followed by the European Union, with an export value of US$16.3 billion, an increase of 9.8%, and China with an export value of US$16.3 billion, an increase of 14.3%. %, South Korea’s exports were US$5.1 billion, an increase of 39%; exports to ASEAN were only US$8.2 billion, a decrease of 12.6%, and Japan’s exports were US$6.6 billion, a decrease of 1.3%.
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