In the 11 months of 2022, the scale of import and export turnover of Ho Chi Minh City reached 101.58 billion USD, of which exports 43.62 billion USD, imports 57.96 billion USD...

According to data released by the General Department of Customs, with a result of 101.58 billion USD after 11 months of 2022, Ho Chi Minh City is far ahead of other localities in the leading group in terms of import and export turnover. Specifically, after 11 months, the import and export scale of Bac Ninh province reached 78.55 billion USD; Binh Duong ranked third, reaching 54.4 billion USD… In addition, Ho Chi Minh City continued to maintain its leading position in the proportion of import and export turnover of the country.

Mr. Dinh Ngoc Thang, Director of Ho Chi Minh City Customs Department, estimated that by the end of December, the city's total import and export turnover in 2022 will reach about 140 billion USD, up 9.8% compared to 2021, total revenue is about 138,000 billion VND.

However, the trade balance of Ho Chi Minh City has a trade deficit of over 14 billion USD. This reflects the situation of export production in Ho Chi Minh City, which is showing signs of deceleration in the last months of the year due to the impact of inflation in key markets.

Last year, despite being heavily affected by the Covid-19 epidemic at the end of the second quarter of 2021, Ho Chi Minh City still led the country in exports, reaching nearly 45 billion USD, followed by Bac Ninh with 44 billion USD. 8 billion USD, Binh Duong ranked 3rd with 32.7 billion USD.

Currently, Vietnam's export goods have gradually affirmed the quality and brand reputation, especially agricultural-forestry-fishery products, textiles, footwear, phones and accessories, and electronic goods - items that are accounting for a large proportion in the export structure.

The structure of Vietnam's exports has also had a strong shift from raw exports to exports of highly processed products, processed and manufactured industrial products with high added value.

So far, Vietnam has signed 15 bilateral and multilateral free trade agreements with regions and countries around the world. Free trade agreements require businesses to change their thinking and get used to international regulations and laws in trade and investment.

In the context of many economies around the world, along with complicated geopolitical developments in some regions, the amount of remittances flowing to Ho Chi Minh City will continue to grow quite positively and is forecasted to reach about 6.8 billion USD.

This is considered a golden resource not only contributing to improving the living standards of the people in the country, but also an important financial resource for the economic development of the country.

It is known that in recent years, Ho Chi Minh City has always been the leading locality in the country in terms of remittances received. In 2021, the amount of remittances flowing to Ho Chi Minh City will reach about 6.5-6.6 billion USD, up 9% over the previous year, despite the complicated developments of the Covid-19 pandemic. Meanwhile, for the whole country, the amount of remittances reached about 12.5 billion USD.

Related News

Develop dry ports, optimize import and export transportation

The Prime Minister has just approved the master plan on development of the inland port system for the period of 2021 - 2030, with a vision to 2050

Da Nang welcomes a container train bringing goods from the Central region straight to the United States

With a direct journey from Tien Sa port to Long Beach port, the WanHai 362 container train significantly shortens the cargo transport time from Da Nang - United States.

POLA and POLB (USA) continue to decline in volume of goods

Cargo throughput in July for the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) both declined, according to recent reports by each port.

Related News


On the occasion of the 12th anniversary of the establishment of Glotrans Hochiminh, we would like to send our warmest congratulations to the Board of Directors, staff and the entire Glotrans family. The past 12 years have been a proud journey with brilliant marks of Glotrans Hochiminh.

Glotrans Da Nang participated in the trade promotion and trade connection program in Quang Nam

Glotrans Da Nang is proud to participate in the Vietnamese Businessmen's Discussion "New Leadership’s mindset" taking place at Muong Thanh Hotel (Tam Ky City) on May 17. This is an event in a series of trade promotion and investment connection activities organized by Quang Nam Young Entrepreneurs Club.