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Vietnam’s exports to the Philippines rise 11.69 percent in October

Vietnam’s exports to the Philippines reached US$600.87 million in October, marking an 11.69 percent increase month-on-month with the year-to-date export value reaching US$5.22 billion, according to Vietnam’s General Department of Customs.

Rice remained the top export, contributing US$257.79 million, though it saw a slight decline of 1.73 percent compared to September. Machinery, equipment, tools, and instruments followed with US$38.78 million, reflecting a 6.77 percent increase.

Clinker and cement exports surged by 78.88 percent to US$32.87 million, while textiles and garments grew significantly by 71.83 percent, reaching US$15.49 million. Computers, electrical products, and spare parts also rose by 26.26 percent to US$20.78 million.

Fishery products showed strong growth, rising by 70.52 percent to US$17.22 million. Other sectors, including iron and steel, increased by 18.36 percent to US$687,205, and footwear exports climbed by 17.53 percent to US$8.85 million.

However, telephones and mobile phones experienced a decline of 6.59 percent, totaling US$8.05 million. Coffee exports saw modest growth of 4.14 percent, contributing US$19.69 million.

The overall performance highlights robust growth in key export categories, with strong demand for clinker, textiles, and fishery products driving Vietnam’s trade with the Philippines in October.

See also: Trade in Vietnam

Vietnam’s exports to the Philippines, October vs. September 2024, US$

OctoberSeptemberMoMYTD
Total600,872,477537,965,31011.69%5,220,840,457
Rice257,791,533262,319,464-1.73%2,239,052,618
Other products76,067,19672,232,8365.31%617,670,424
Machine, equipment, tools and instruments38,782,52136,324,7656.77%330,097,260
Clinker and cement32,874,76718,377,65478.88%265,608,377
Coffee19,691,36418,907,8144.14%234,653,768
Telephones, mobile phones and parts thereof8,048,2678,616,452-6.59%189,285,278
Other means of transportation, parts and21,585,74219,988,8177.99%166,555,777
Computers, electrical products, spare-parts and20,781,18516,458,63226.26%156,376,053
Textiles and garments15,492,3529,016,20271.83%106,942,689
Iron and steel687,205580,59718.36%92,051,794
Footwear8,847,9087,528,51017.53%86,623,153
Fishery products17,222,77610,100,27070.52%85,243,448
Yarn7,633,4118,117,321-5.96%68,502,364
Chemical products8,860,1455,502,09061.03%67,362,486
Plastic products6,903,1365,458,10126.48%56,358,279
Iron and steel products8,166,4416,340,25728.80%55,727,548
Insulated wires and cables5,125,9255,686,521-9.86%53,225,634
Plastics5,872,4492,905,304102.13%38,351,689
Fertilizers9,691,200655,3731378.73%36,125,923
Paper and paper products5,408,7083,110,12773.91%31,667,912
Pastrycooks, sweets and cereals products3,737,7942,264,73865.04%27,825,994
Pepper2,859,1001,952,65046.42%27,639,713
Animal fodders and animal fodder materials3,288,9092,742,92719.91%25,949,219
Textile, leather and foot-wear materials and3,487,1371,978,17276.28%25,615,156
Still image, video cameras and sparts thereof4,104,2852,901,60641.45%25,554,162
Other base metals and other base metal products1,502,2522,648,828-43.29%24,039,240
Ceramic products1,974,0122,065,125-4.41%23,791,702
Coal000.00%15,101,782
Chemicals638,870866,238-26.25%14,840,594
Cashew nut1,720,168669,591156.90%13,819,229
Glass and glassware1,387,5531,058,38931.10%8,738,721
Manioc and manioc products421,240287,64246.45%6,852,356
Tea137,513227,911-39.66%1,996,164
Furniture of other materials, other than of wood79,41174,3866.76%1,593,955
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