Export structure shifts vigorously
According to the General Statistics Office (GSO), export turnover of raw materials declined by over a third in 2005-10.
Specifically, crude oil export fell from around 18 million tons in 2005 to 9.25 million in 2012 (a half) and over 5.94 million in the first ten months of 2013.
Coal export dropped to over 9.8 million tons in January-October in 2013 from 32.1 million in 2007 and 15.2 million in 2012.
According to initial statistics, export turnover of raw materials and primary commodities was estimated at US$ 32.1 billion in the first ten months of 2013, representing almost 30% of export revenue, down around 4.5% against the same period last year.
Especially, coal witnessed the sharpest decline of 29.1%; followed by coffee 23.9%; rice 16.9%; crude oil 14.2% and rubber 13.7%.
Meanwhile, export of processed products valued around US$ 75.9 billion, occupying over 70% of total export revenue and surging 26.3% against the same period last year. Overseas shipments of telephones and spare parts, computers, chemicals, suitcases, umbrellas, garments and textiles, and footwear were higher than the general growth rate of 15.2%.
Of the products, high-tech commodities gained higher growth rate and made up a relative proportion. The group of product earned over US$ 35.44 billion, making up 32.8% of total export revenue and picking up 44.2% against the same period last year.
The positive shift in export line structure has helped develop the scale and growth rate of export.
The FDI sector mainly attributed to the shift in export line structure as they mainly operate in high-tech and processing industries.
Experts suggested the domestic sector seize the opportunities and accelerate the development of the auxiliary industries in order to generate more jobs and reduce heavy reliance of imports./.
(Source: News.chinhphu,vn)
Đọc nhiều
