Business

29 groups of commodities top US$1 billion export turnover

SGGP

The number of groups of commodities reaching the export turnover of over US$1 billion increased to 29 groups last year from 25 in the previous year, reported the General Department of Vietnam Customs


Toys and sport equipment are among groups of commodities reaching the export turnover of over US$1 billion last year (Photo: SGGP)

Toys and sport equipment are among groups of commodities reaching the export turnover of over US$1 billion last year (Photo: SGGP)

Four new groups comprise petrol; chemicals; glass and glass products; toys and sport equipment. Total export value hit $214 billion in 2017, up over 21 percent.
Contributing most to the country’s export growth was phone and parts with the turnover of $45.27 billion, up nearly $11 billion and accounting for 29 percent in the country’s added export value.
Foreign invested companies posted the growth rate higher than domestic firms and largely contributed to the country’s turnover increase.

By CHE HAN – Translated by Hai Mien

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