Total import-export turnover of goods in July 2024 exceeded 70 billion USD for the first time, of which exports reached a record figure of over 36 billion USD, marking the month with the highest export turnover ever.

According to preliminary statistics of the General Department of Customs, in July 2024, the total import-export turnover of the whole country reached 70.11 billion USD, an increase of 9.4% (equivalent to an increase of 6 billion USD) compared to the previous month, marking the first month that exports exceeded the 70 billion USD mark.

Of which, exports reached 36.23 billion USD, up 7.7% (equivalent to an increase of 2.58 billion USD) and imports in July 2024 reached 33.88 billion USD, up 11.2% (equivalent to an increase of 3.42 billion USD).

July export turnover also exceeded 36 billion USD for the first time, a record level for international trade in goods.

Thus, in the first 7 months of this year, Vietnam's total import-export turnover reached 440.45 billion USD, an increase of 17.2% (equivalent to an increase of 64.66 billion USD) over the same period last year.

Of which, exports reached 227.49 billion USD, up 16% (equivalent to an increase of 31.34 billion USD) and imports reached 212.96 billion USD, up 18.5% (equivalent to an increase of 33.32 billion USD).

The trade balance in July had a trade surplus of 2.35 billion USD, and the accumulated trade surplus in 7 months was 14.53 billion USD.

2022 is a record year for import and export, exceeding 732 billion USD, but there has not been any month in 2022 with import and export turnover reaching 70 billion USD.

Import and export results in July reached a record high, reflecting the strong recovery of world market consumption, which has attracted a large number of orders to Vietnam.

Many product groups achieved high growth rates, including key export items such as: Cameras, camcorders and components increased by 51.5%; computers, electronic products and components increased by 30%; plastic products increased by 29.9%; wood and wood products increased by 23.3%; machinery, equipment, tools and other spare parts increased by 19%; footwear increased by 10.1%; phones of all kinds and components increased by 12.3%...

With import-export turnover increasing by nearly 65 billion USD over the same period, goods export continues to be a bright spot in the overall picture of the economy in the first 7 months of 2024.