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Six key commodities see exports down by over US$1 billion each

As of September, there have been six key Vietnamese commodities with export value enduring a decrease of at least US$1 billion each, according to the General Department of Vietnam Customs.

The six groups of commodities are computers and electronic products; garments and textiles; machinery, equipment, tools and spare parts; wood and wood products; footwear; and seafood.

Phones and components earned only US$38.92 billion from export, a sharp drop of US$6.17 billion, compared to the same period last year.

Meanwhile, garment and textiles and footwear recorded second and third largest decreases in export turnover when they fetched only US$25.1 billion and US$14.7 billion, down by US$3.94 billion and US$3.47 billion, respectively.

The three remaining export items - machinery, equipment, tools and spare parts; wood and wood products; and seafood – suffered falls of US$3.36 billion, US$2.69 billion, and US$1.87 billion, respectively.

Overall, the export turnover of six key product groups saw a total decrease of US$21.5 billion, duly accounting for 89.5% of the overall decrease in export turnover of the country.

VOV