Vietnam'S First Quarter Textile Apparel Exports Increase

According to statistics from the General Administration of statistics, Vietnam's exports amounted to about $14 billion 200 million in March (2016), an increase of 40.6% over the previous month (2), of which the export value of Vietnam's enterprises was about 4 billion 50 million dollars, an increase of 56.3%, and the export volume (including crude oil) of foreign-funded enterprises was about 10 billion 150 million US dollars, an increase of 35.2%.

In March this year, the export volume increased by 117.3%, including 78.2% cashew nuts, 58.4% wood and wood products, 56.9% aquatic products and 56.9% plastic products.

54.6%, electronic products, computers and parts 38.7%, other mechanical equipment 33.8%.

First season of the year

The increase in the amount of products includes all kinds of phones and their parts, 7 billion 600 million US dollars, an increase of 14.2%, 5 billion 200 million US dollars in textile garments, an increase of 7.6%, electronic products, computers and parts 3 billion 800 million US dollars, an increase of 5.7%.

2 billion 800 million US dollars, an increase of 9%, other machinery and equipment 2 billion US dollars, an increase of 12%, aquatic products 1 billion 400 million US dollars, an increase of 4.6%, rice 635 million US dollars, an increase of 29.3%, vegetables and fruits 532 million dollars, an increase of 43%.

However, the export volume of some products decreased significantly, including crude oil 446 million US dollars, 52.8% reduction, steel 358 million US dollars, 17.7% reduction, cassava and cassava products 330 million US dollars, and 25% reduction.

The total export volume in the first quarter of this year was about US $37 billion 900 million, an increase of 4.1% over the same period (2015). The export volume of Vietnamese enterprises increased by about US $10 billion 800 million, an increase of 0.3%. Foreign enterprises (including crude oil) amounted to 27 billion 100 million US dollars, an increase of 5.8%.

Regarding the export market, the United States is still the largest export market for Vietnam in the first quarter of this year, with an export volume of US $7 billion 900 million, an increase of 11.1%, followed by the European Union, an export amount of US $7 billion 500 million, an increase of 9.3%, China's 3 billion 900 million US dollars, an increase of 8.2%, a $2 billion 400 million increase in Korea, an increase of 31.5%, an ASEAN Association of 4 billion 200 million dollars, a decrease of 9.9%, and a reduction in Japan's 3 billion 200 million dollar.