Specifically, in November, export turnover reached 29 billion USD, down 4.4% compared to the previous month.

In November, there were 7 groups with turnover of 1 billion USD or more, including: phones and components; computers, electronic products and components; machinery, equipment, tools and spare parts; textile; Footwear; timber and products; vehicles and spare parts.

Notably, up to 5/7 key commodity groups had a decrease in turnover compared to the previous month, including the 3 largest commodity groups.

Despite a decline in November, in general, in the first 11 months of the year, the country's exports still maintained a remarkable growth with a total turnover of nearly 342.2 billion USD, up 13.4% over the same period last year.

Textile is one of the items with high turnover

In the opposite direction, import turnover in November reached 28.28 billion USD, up 1.3% over the previous month. By the end of November, import turnover reached 331.5 billion USD, up 10.1% over the same period in 2021.

Thus, in 11 months, the total import-export turnover reached approximately 674 billion USD, of which the trade balance achieved a large surplus with a trade surplus of 10.7 billion USD.

With the scale of turnover and the recent growth rate, it is expected that in mid-December, the import-export turnover of the whole country will reach 700 billion USD.

To support import-export businesses, recently, the Ministry of Industry and Trade has issued Decision No. 2615/QD-BCT approving the List of "Prestige Export Enterprises" in 2021. Based on the proposal of 54 agencies agencies and organizations (including ministries, branches, industry associations, provincial and municipal Departments of Industry and Trade), the Ministry of Industry and Trade has selected 281 enterprises (equivalent to 289 turns of enterprises in 27 product lines). ).

The list of reputable exporters is compiled and announced on the basis of selection and proposals of relevant agencies, selected on the basis of criteria prescribed by the Ministry of Industry and Trade on export turnover. At least, about business reputation for foreign customers, about fulfilling obligations to the State in the field of customs, tax, environment... This is a very necessary activity. aims to support Vietnamese businesses to boost exports and expand markets, especially since Vietnam has joined a series of bilateral and multilateral free trade agreements.

In the coming time, the Ministry of Industry and Trade will make efforts to diversify import and export markets, taking advantage of opportunities of each market and item to boost exports. In particular, focusing on guiding businesses to take advantage of signed FTAs, diversifying markets, not depending on the traditional market; taking advantage of demand when EU countries cut production for some heavy industrial products, chemicals, fertilizers, steel...; many countries restrict food exports to stabilize the country... to boost exports of these items.