In the first quarter of 2022, 9 products achieved export turnover of over 2 billion USD

Production and business activities continued to recover strongly, many large export industries closed orders, trade surplus returned… are the marks in import and export in the first quarter of 2022.

Generally in the first quarter of 2022, the turnover exported goods estimated at USD 88.6 billion, up 12.9% over the same period in 2021; in which the domestic business sector increased significantly (up 22%) than the foreign invested sector increased 10%, of which 9 items achieved export turnover of over 2 billion USD, accounting for 71.73 % total exports.

In the past 3 months, the US continues to be Vietnam’s largest export market with an estimated turnover of 25.2 billion USD. China is Vietnam’s largest import market with an estimated turnover of 27.6 billion USD. Vietnam’s trade surplus with the EU was estimated at 7 billion USD, up 24.5% over the same period last year; trade deficit from China is 14.3 billion USD, up 21%; trade deficit from Korea was 10.4 billion USD, up 39.1%; trade deficit from ASEAN is 3.3 billion USD, down by 6.6%; trade deficit from Japan was 434 million USD, up 23.1%.

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