TCDN - In August, the main export items such as crude oil, clinker and cement, wood and wood products, textile raw materials, and footwear all decreased. In which, exports of textile and garment materials, footwear decreased by 90.7%, crude oil exports decreased by 70.2% compared to the previous month.

On September 1, the General Department of Customs said that in August 2021, the total import and export value of Vietnam's goods was estimated at 53.7 billion USD, down 5.8% compared to the previous month. In which, the export value is estimated at 26.2 billion USD, down 6% and the total import value is estimated at 27.5 billion USD, down 5.5%.

However, according to the General Department of Customs, if compared with August last year, the total import and export value of Vietnam's goods in August this year increased by 6.6%. In which, the export value decreased by 5.4% but the import value increased by 21.2%.

Accumulated in the first 8 months of 2021, the total import and export value of Vietnam's goods is expected to reach US$428.82 billion, a sharp increase of 27.2% over the same period in 2020; in which export value is estimated at 212.55 billion USD, up 21.2% and import value is estimated at 216.27 billion USD, up 33.8%.

Total import and export value of Vietnam's goods is estimated at 53.7 billion USD, down 5.8% compared to the previous month.

Vietnam's merchandise trade balance in August 2021 is estimated to have a deficit of 1.3 billion USD. Thus, in the first 8 months of 2021, the whole country is expected to have a trade deficit of 3.71 billion USD, in contrast to the trade surplus of 13.69 billion USD of the same period last year.

Notably, major export items such as crude oil, clinker and cement, wood and wood products, textile raw materials, and footwear all decreased. In which, the export of textile and garment materials and footwear decreased by 90.7% compared to the previous month.

The main imported goods are petroleum of all kinds, machinery, equipment, tools & spare parts, phones and components, iron and steel of all kinds, plastic raw materials, other common metals, automobiles. CBU of all kinds are reduced from 10-60%. Only computers, electronic products & components imported value increased by 10.8% over the previous month.

Also according to the General Department of Customs, the state budget revenue from import and export activities from August 1 to August 30, 2021 provided by the State Treasury reached VND 25,360 billion, accumulated from the beginning of the year to date. August 30, 2021 reached VND 256,920 billion, equaling 81.56% of the assigned estimate, equaling 77.6% of the striving target, an increase of 29.35% over the same period last year.

T.Phuong

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