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Preliminary assessment of Vietnam international merchandise trade performance in the first half of April, 2016

10:03 | 07/06/2016

The Vietnam Customs Statistics announced that in the first half (01-15/4/2016) of  April-2016, Vietnam’s total exports of US dollars 7.34 billion and imports  of US dollars 7.27 billion resulted in a trade surplus of US dollars 69 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of April was US dollars 14.61  billion, went down by 7.4% (equal to USD 1.16 billion) as compared to the second half of March-2016.

Vietnam‘s trade-in-goods from January to the first half of April of 2016 totaled US dollars 90.75 billion in value terms. It posted an increase of 2.1% (equivalent to USD 1.87 billion) from the same period of previous year. In which, the total merchandise export value was up 7.7% to US dollars 46.11 billion and the total merchandise imports value was down 3.1%, to US dollars 44.63 billion.

In the view of Foreign Direct Invested (FDI) traders, the value of exportation and importation in the first half of April reached USD 5.10 billion and USD 4.22 billion respectively. In comparison to the performance of corresponding period of 2015, from January to April 15th of 2016, the total export value of FDI traders went up 11.5% to US dollar 32.36 billion. In the meanwhile, import value was posted at USD 26.72 billion, down by 3.7%.

Export:

When compared with the second half of March-2016, export of  first half of April went down by 9.1%, mostly as a result of the downturns registered in following products: telephones, mobile phones and parts thereof (down by USD 298 million); textiles and garments (down by USD 86 million); machine, equipment, tools and instruments (down by USD 60 million);..

preliminary assessment of vietnam international merchandise trade performance in the first half of april 2016

      Import:

 In the first half of April 2016, import shrunk by 5.5% in comparison to second half of March, mainly reflecting the downwards of computer, electrical products, spare parts and component thereof  (down by USD 272 million); iron and steel (down by USD 53 million); telephones, mobile phones and parts thereof (down by USD 41 million);...    

preliminary assessment of vietnam international merchandise trade performance in the first half of april 2016

Vietnam Customs