According to the latest data released by the General Statistics Office on January 6, 2025, in December, the total import and export turnover of goods reached 70.53 billion USD, up 6.2% over the previous month and up 15.9% over the same period last year.
In 2024, the total import and export turnover of goods reached 786.29 billion USD, an increase of 15.4% over the previous year, of which exports increased by 14.3%; imports increased by 16.7%. The trade balance of goods had a surplus of 24.77 billion USD.
37 items achieved export turnover of over 1 billion
Export turnover of goods in December 2024 reached 35.53 billion USD, up 5.3% over the previous month. Of which, the domestic economic sector reached 10.68 billion USD, up 8.5%; the foreign-invested sector (including crude oil) reached 24.85 billion USD, up 4.0%.
Compared to the same period last year, the export turnover of goods in December increased by 12.8%, of which the domestic economic sector increased by 17.6%, the foreign-invested sector (including crude oil) increased by 10.9%. In the fourth quarter of 2024, the export turnover reached 105.9 billion USD, up 11.5% over the same period last year and down 2.5% compared to the third quarter of 2024.
In 2024, the total export turnover of goods reached 405.53 billion USD, an increase of 14.3% over the previous year. Of which, the domestic economic sector reached 114.59 billion USD, an increase of 19.8%, accounting for 28.3% of the total export turnover; the foreign-invested sector (including crude oil) reached 290.94 billion USD, an increase of 12.3%, accounting for 71.7%.
In 2024, there will be 37 items with export turnover of over 1 billion USD, accounting for 94.3% of total export turnover (there are 8 items with export turnover of over 10 billion USD, accounting for 69.0%).
Import turnover of goods reached 380.76 billion USD
Import turnover of goods in December 2024 reached 35.01 billion USD, up 7.2% over the previous month. Of which, the domestic economic sector reached 14.0 billion USD, up 13.1%; the foreign-invested sector reached 21.01 billion USD, up 3.5%.
Compared to the same period last year, the import turnover of goods in December increased by 19.2%, of which the domestic economic sector increased by 27.7%; the foreign-invested sector increased by 14.2%. In the fourth quarter of 2024, the import turnover reached 101.9 billion USD, up 14.9% over the same period last year and up 2.2% over the third quarter of 2024.
In 2024, the total import turnover of goods reached 380.76 billion USD, up 16.7% over the previous year, of which the domestic economic sector reached 140.11 billion USD, up 19.5%; the foreign-invested sector reached 240.65 billion USD, up 15.1%.
