Exports to Mexico rose on higher unit value as quantity remained stable.Unit values for U.S soybean exports were more than 25 percent higher than the previous year on tight exporter supplies and China’s strong demand, driving value growth despite lower volume.soybean exports was 30 percent above the 5-year average of 2016-2020. Sales to China remained relatively flat as a 20-percent drop in export volume offset stronger prices. Most of the remaining growth came from the EU, Japan, Turkey, and Indonesia. Mexico accounted for more than 40 percent of the export value growth, as tonnage was up marginally despite higher unit values. Export value is up on a 29-percent jump in unit values more than offsetting a 17-percent drop in volume. soybean exports to the world reached a new record at $27.4 billion, up 7 percent from the prior year’s record. Census Bureau Trade Data - BICO HS-10 Highlights It is also nearly more than four times exports to number three on the list, Japan.Source: U.S. This was more than double its exports to its second biggest export market, China. The bulk of Vietnam’s exports in April went to the United States. Source: Vietnam General Department of Customs Where did Vietnam’s exports go? Tyre cord fabrics and other fabrics for technical uses Toys and sports requisites parts and accessories thereofįurnitures of other materials, other than of wood Handbags, purses, suit-cases, headgear and umbrellas Other base metals and other base metal products Still image, video cameras and sparts thereof These accounted for US$11.2 billion worth of exports for Vietnam. Similar to March, in April Vietnam’s top three exports were: computers, electrical products, spare-parts and components thereof telephones, mobile phones and parts thereof and machine, equipment, tools and instruments. Source: Vietnam General Department of Customs What were Vietnam’s main exports? Motorcycles and parts, accessories thereof Precious stones, precious metal and articles thereof Other means of transportation, parts and accessories thereofĮssential oils and resinoids perfumery, cosmetic or toilet preparations Still image, video cameras and parts thereofĮlectric consumer products and parts thereof Textile, leather and foot-wear materials and auxiliariesĪnimal fodders and animal fodder materials Telephones, mobile phones and parts thereof Machine, equipment, tools and instruments Vietnam imports April 2023, by valueĬomputers, electrical products, spare-parts and components thereof This was down on March’s figure of US$12.2 billion for the same three export categories. These three imports set Vietnam back a collective US$10.8 billion. In April, Vietnam’s top three imports were: computers, electronic products, spare parts and components machinery, equipment, tools, and instruments and other products. Imports and exports of foreign direct invested enterprises So, in April, what did Vietnam export and to where, and what did it import and from where? Vietnam’s total imports and exports Vietnam’s two-way trade was down 8.5 percent in April over March.Īll-in-all Vietnam clocked-up over US$53 billion in two-way trade for the month with foreign direct invested enterprises accounting for just shy of two-thirds. Here’s how Vietnam is tracking in terms of trade in 2023 so far. Vietnam’s import and export data for April has been released by Vietnam Customs. Dezan Shira and Associates Reading Time: 29 minutes
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