Export of Vietnamese ceramic products continues to grow

Export of Vietnamese ceramic products continues to grow

According to statistics from the General Department of Customs, Vietnam's export of ceramic products in August 2019 reached US $ 47.17 million, up 0.6% compared to July 2019 - this is the second consecutive month of increasing.

Increase in export turnover of this commodity from the beginning of the year to the end of August 2019 to 346.52 million USD, up 6.2% compared to the same period last year. Ceramic products of Vietnam are mainly exported to Southeast Asian countries, accounting for 23.45% of the proportion, reaching US $ 81.27 million, up 7.4% over the same period, in August 2019 alone. turnover reached 11.88 million USD, down 2.72% compared to July 2019 but up 29.47% compared to August 2018.

Among the import markets of Vietnam's ceramic products, the US is the market with the leading turnover of US $ 59.81 million, up 18.04% over the same period in 2018, particularly in August 2019. exported to the US $ 6.2 million, but compared to July 2019, the turnover decreased by 9.86% and increased by 28.8% compared to August 2018.

Ranked second after the US market is Japan, but the export speed to Japan decreased by 7.36% over the same period, equivalent to US $ 49.88 million and in August 2019, it was only US $ 6.57 million, down 12.31% compared to July 2019 but up 2.01% compared to August 2018. Next are the markets of Taiwan (China), Thailand, South Korea ...

In general, in the first 8 months of 2019, the export turnover of ceramic products to the markets has mostly grown, this market accounts for 58 , 6%, of which exports to Argentina and South Korea have a strong growth rate, both over 50%, respectively reaching USD 1.54 million (up 50.43%) and USD 20.75 million (up 50, 04%). In the opposite direction, exports to the Swedish market plummeted 51.08% to only 838.1 thousand USD.

Source: VITICj