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

10:10 | 07/06/2016

The Vietnam Customs Statistics announced that in the second half (16-30/4/2016) of  April-2016, Vietnam’s total exports of  US dollars was 7.04 billion and imports of US dollars was 6.82 billion resulted in a trade surplus of US dollars 213 million. Accordingly, the total value of export and import turnover of Vietnam in the second half of April was US dollars 13.86 billion, decreased by 5.1% (equal to USD 747 million) as compared to the first half of April-2016.

Vietnam‘s trade-in-goods from January to the second half of April of 2016 totaled US dollars 104.45 billion in value terms. It posted an upward of 2.5% (equivalent to USD 2.54 billion) from the same period of previous year.

In the view of Foreign Direct Invested (FDI) traders, the value of exportation and importation in the second half of April reached USD 8.79 billion, shrunk 5.8% (equal to 537 USD million) as compared to the first half of April-2016. From January to the second half of April of 2016, the total export and import value of FDI traders posted at USD 67.78 billion, up by 4.4% (equivalent to USD 2.89 billion) from the same period of a year earlier.

Export:

When compared with the first half of April-2016, export of second half of April reduced by 4.1%, mostly as a result of the decline registered in following products: computer, electrical products, spare-parts and components thereof (down by USD 90 million); textiles and garments (down by USD 54 million); telephone, mobile phone and part thereof (down by USD 45 million);…

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

    Import:

In the second half of April 2016, total value of imports felt  by 6.1% in comparison to first half of April, mainly reflecting the downturns of machine, equipment, tools and instruments (down by USD 173.5 million); computer, electrical products, spare parts and component thereof (down by USD 69.2 million); fabrics (down by USD 46.2 million);...

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

 

Vietnam Customs