Regarding the export market in the first 8 months of the year, the US is the largest export market of Vietnam with a turnover of more than 77 billion USD, accounting for 30.5% of total export turnover. In which, the main export items are machinery, equipment, tools and spare parts with a value of nearly 13.2 billion USD, accounting for 17.13% of turnover and textile and garment with a value of 12.88 billion USD. , accounting for 16.73% of turnover.
In addition, a number of other export items to the US with a value of over 5 billion USD are computers, electronic products and components, phones and components, shoes of all kinds, wood and wood products. .
The second largest export market of Vietnam is China with a turnover of 35.63 billion USD, accounting for 14.11% of total export turnover. This is also a major export market of Vietnam in Asia. In which, phones and components are the most exported products with a value of nearly 9 billion USD.
Some other items with high export value are computers, electronic products and components, machinery, equipment, tools and spare parts, cameras, camcorders and fiber and textile components. .
Korea is Vietnam's third largest export market with a turnover of 16.72 billion USD. With this market, the main export items are still technology products such as computers, phones, components and machinery and equipment. In which, phones and components have the highest value with 3.88 billion USD. In addition, computers, electronic products, components and textiles and garments were also exported to the country of kimchi with a value of 2.28 and 2.14 billion USD, respectively.
Japan ranked fourth with an export turnover of 15.82 billion USD in the first 8 months of 2022. With this market, textile and garment products were exported the most with a value of 477.3 million USD in August and $2.54 billion in the first eight months of 2022.
Hong Kong (China) ranked 5th among the largest export markets of Vietnam in the first 8 months of the year with a turnover of nearly 7.4 billion USD. Vietnam has only 2 items with export value of over 1 billion USD, which are computers, electronic products and components with the value of 3.83 billion USD and all kinds of phones and components with the value of 1.47 billion USD.
In addition, some other countries in the top 10 largest export markets of Vietnam include the Netherlands, Germany, India, Thailand and Canada.
