Export Turnover News Today

Phones and components were Vietnams second most valuable export commodities in Q1.

FIEs contributed to nearly three-quarters of Vietnams exports.

Revenue up by 11% Gross profit increases by 2% Joint ventures in Kingdom of Saudi Arabia, Africa, and Australia Pintharoo Shilpee Abhiman programme to develop the livelihood of painters Sri Lanka’s market leader in wood coatings and emerging regional conglomerate, JAT Holdings PLC, reported robust financial performance for Q2 of FY 2023/24, recently. Most notably,...

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

The export turnover in October is expected to reach 32.3 billion USD, up 5.3 month-on-month, showing a positive signal given the 6.3% decrease recorded in the previous month.

Vietnams total import and export turnover of goods reached nearly $558 billion in the first 10 months of 2023, down 9.6% over the same period last year, with an estimated trade surplus of $24.61 billion.

Vietnamese wood businesses are facing countless difficulties due to a lack of orders, rising costs, and slow tax refunds, and many of them have scaled back operations as they wait for the market to recover.

Vietnam’s export turnover is estimated to reach 29.3 billion USD in June, a month-on-month rise of 4.5%, which shows that the market is gradually recovering thanks to trade promotion activities, according to the General Statistics Office.

The localities that contributed to large export turnover such as Ho Chi Minh City, Bac Giang, Thai Nguyen and Binh Duong all had export turnover decrease by many billions of USD in the first 6 months of 2023.

Ho Chi Minh City’s export turnover in the first half of this year reached an estimated 19.42 billion USD, down 22.4% year-on-year.