Vietnam's durian exports increased dramatically, reaching 2.1 billion USD

Published 2024년 1월 20일

Tridge summary

Vietnam's total import and export value in 2023 is projected to reach 681.04 billion USD, with exports reaching 354.67 billion USD, a decrease of 4.6%, with notable decreases in phone and textile exports. Some commodity groups, such as fruits and vegetables and transport vehicles, saw increases in export value. Import value is expected to reach 326.37 billion USD, with decreases in the import of wheat, corn, soybeans, and animal feed, as well as in the fuel group. Despite the decreases, the country's trade balance of goods for the year is projected to have a surplus of 28.30 billion USD.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics from the General Department of Customs, Vietnam's total import and export value in 2023 will reach 681.04 billion USD, down 6.9% compared to the previous year. Specifically, exports reached 354.67 billion USD, down 4.6%, of which the export value of phones of all kinds and components decreased the most by 5.61 billion USD, followed by textiles and garments, down 4. 27 billion USD… In addition, the export of some commodity groups still achieved a high increase compared to the previous year, such as the fruit and vegetable group reaching 5.6 billion USD, an increase of 2.24 billion USD. Exports of this product group increased thanks to a sudden increase in durian exports, reaching 2.1 billion USD, up to 1.82 billion USD compared to 288 million USD the previous year. Vietnam mainly exports durian to China with 2.03 billion USD and accounting for 99.4% of the total export value of fruits and vegetables. Next is rice, in 2023 Vietnam will export 8.1 million ...

Source: Vietstock