Some items with export turnover of over 100 million USD to the Philippine market in the first 6 months of 2024 include machinery, equipment, spare parts reaching 175.2 million USD, clinker and cement reaching 171.1 million USD, coffee reaching 133.8 million USD, phones of all kinds and components reaching 132.6 million USD.
The items with export turnover reaching from over 50 million to 100 million USD to the Philippine market in the first 6 months of 2024 include means of transport and spare parts reaching 89.6 million USD, computers, electronic products and components reaching 87.6 million USD, iron and steel of all kinds reaching 62.6 million USD, textiles reaching 60.6 million USD, and footwear of all kinds reaching 51.9 million USD.
Vietnam's import turnover from the Philippine market in the first 6 months of 2024 reached nearly 1.28 billion USD, an increase of 19.5% compared to the first 6 months of 2023. Items with large import turnover include computers, electronic products and components reaching 779.2 million USD, machinery, equipment, tools, spare parts reaching 132.3 million USD, common metals of all kinds reaching 103 million USD, electric wires and cables reaching 48.7 million USD.
Thus, the total import-export turnover between Vietnam and the Philippines in the first 6 months of 2024 reached 4.21 billion USD. This allows forecasting that the total import-export turnover between Vietnam and the Philippines in 2024 could reach from 8.1 billion to 8.3 billion USD, an increase of 3.9% to 6.4% compared to 2023.
Source: https://moit.gov.vn/tin-tuc/thi-truong-nuoc-ngoai/kim-ngach-xuat-nhap-khau-giua-viet-nam-va-philippines-du-bao-dat-tren-8-ty-usd-trong-nam-2024.html
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