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According to the latest data of the General Statistics Office, goods export turnover in September 9 is estimated at 2023.31 billion USD, down 41.4% compared to the previous month. In which, the domestic economic sector reached 1.8 billion USD, down 3.6%; FDI sector (including crude oil) reached 8.23 billion USD, down 11.3%. Compared to the same period last year, the export turnover of goods in September increased by 1.4%, of which the domestic economic sector increased by 6.17%, the foreign-invested sector (including crude oil) increased by 9.0%.
In the third quarter of 2023, export turnover is estimated at 94.6 billion USD, down 1.2% year-on-year and up 10.3% compared to the second quarter of 2023.
In the first 9 months of 2023, goods export turnover is estimated at 259.67 billion USD, down 8.2% over the same period last year.
In the first 9 months of 2023, there are 31 items with export turnover of over 1 billion USD, accounting for 92.2% of total export turnover (there are 6 export items over 10 billion USD, accounting for 62.2%).
In the opposite direction, the import turnover of goods in September 9 is estimated at 2023.29 billion USD, down 12.0% compared to the previous month.
In the first 9 months of 2023, the import turnover of goods is estimated at 237.99 billion USD, down 13.8% over the same period last year, of which the domestic economic sector reached 85.12 billion USD, down 11.8%; FDI sector reached 152.87 billion USD, down 14.9%.
In the first 9 months of 2023, there are 37 imported items worth over 1 billion USD, accounting for 89.7% of total import turnover (there are 2 imported items over 10 billion USD, accounting for 39.3%).
In terms of trade balance, September was estimated to have a trade surplus of $9.2 billion. In the first 29 months of 9, the trade balance of goods is estimated to have a trade surplus of 2023.21 billion USD (the same period last year had a trade surplus of 68.6 billion USD).
In terms of commodities, after many consecutive months of decline, seafood exports in August 8 to many markets, including the US market, have grown positively, creating a positive signal for seafood enterprises to accelerate exports in the last months of the year.
Ms. Le Hang - Communications Director of the Vietnam Association of Seafood Exporters and Processors (VASEP) said that in August 8, seafood exports to many markets will reach the peak since the beginning of the year. Among them, it is worth noting the US market. For the first time seafood exports grew positively after 2023 consecutive months of decline, the US market regained its No. 11 position with 1 million USD of Vietnam's seafood import turnover in August, up nearly 165% over the same period in 8.
In particular, although pangasius exports are still lower than 24%, exports of all other key products to the US will recover in August 8, such as: shrimp up 2023%, tuna up 11%, other marine fish up 2%, crabs, octopus squid, shellfish all increased from 12-24% over the same period last year.
In addition to the US market, seafood exports to Japan and China in August were higher than the previous 8 months, but did not clearly reflect the recovery trend. However, Japan's discharge of nuclear wastewater is more or less disrupting the country's seafood trade with markets such as China and others. This development may help Vietnamese seafood gain more market share in some markets in the near future. Therefore, it is forecasted that seafood exports to China will increase again more strongly in the last 2 months of the year, both to meet the demand for holidays and Lunar New Year, and to partially offset the decline from the Japanese market.
Another commodity that is holding up quite firmly in terms of export value is coffee. Accumulated from the beginning of the year to mid-September 9, Vietnam's coffee exports reached 2023.1 million tons, down 22.6% in volume but turnover reached 4.3 billion USD, up 04.2% over the same period last year.
Despite the sharp decrease in export volume, the average export price of coffee in the first half of September 9 continued to increase, reaching 2023,3 USD/ton, up 151.6% compared to the first half of August 3, and up 8.2023% over the same period last year. By mid-September, Vietnam had the 32th consecutive month of increased export coffee prices, recording a record high of 1,9 USD/ton, up 6% over the previous month and up nearly 3% over the same period last year. If calculating the average export price of coffee of our country in the first 054 months of the year reached 8,30 USD/ton, it also increased by nearly 8% over the same period last year.