[NEWS] – Import and export of Vietnam 2022 with record numbers

Vietnam’s import-export turnover in 2022 will reach more than 730 billion USD. This is an all-time record high, in which agriculture is likened to a “star”; According to international organizations, Vietnam ranks in the top 30 in the world and second in the ASEAN region. Join Indochina Holdings to look back at the impressive figures of Vietnam’s import and export value.

Total export turnover reached 732 billion

For the whole year of 2022, the total import-export turnover is estimated at 732 billion USD, an increase of nearly 10% compared to the previous year. This is a record number in recent years. Which, exports increased by 10.6%, and imports increased by 8.4%.

The trade balance has a surplus of nearly 11 billion

The goods trade balance in 2022 is estimated to have a trade surplus of 11.2 billion USD (in 2021, the trade surplus will be 3.32 billion USD), which is the 7th consecutive year of trade surplus. This makes a positive contribution to the balance of payments, helping to improve foreign exchange reserves and stabilize exchange rates and other macroeconomic indicators of the economy.

36 items with an export turnover of over 1 billion USD

In 2022, there are 36 items with an export turnover of over 1 billion USD, accounting for 94% of total export turnover (there are 08 export items with over 10 billion USD, accounting for 70.1%).

Ranked 2nd in ASEAN import and export

In 2022, Vietnam ranked 2nd in ASEAN imports and export (after Thailand) and in the top 30 world imports and export.

The bright spot of Vietnam’s import and export activities in the past year was that exports maintained a high growth rate compared to the same period last year, in the context of many difficulties from the world market.

In 2023, the forecast of the world situation still has many potential difficulties. To be able to maintain the current growth momentum, Vietnamese businesses need to have a professional team, along with the process of increasing integration, it will be an opportunity for businesses to familiarize themselves with and interact with the world market. , prepare, expand and improve knowledge to help businesses have appropriate response plans and reduce risks.

Indochina Holdings with trade promotion services and a team of experienced professionals will help businesses confidently step into the international market. We are proud to be the unit that successfully supported the Ngon Nhat Rice Company to export ST25 rice to the US.