July 17, 2019 18:15

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Preliminary assessment of Vietnam international merchandise trade performance in the first half of December, 2018

18:33 | 07/01/2019

Vietnam‘s trade-in-goods from January to the first half of December of 2018 totaled US dollars 459.25 billion in value terms. It posted a growth of 12.6% (equivalent to USD 51.27 billion) from the same period of previous year.

In the view of FDI traders, the total value of exportation and importation in the first half of December reached USD 12.15 billion, down by 15% (equivalent to USD 2.14 billion) in comparison to the second half of November, 2018. Up to the December, 15th 2018, the total merchandise trade value of FDI traders was USD 300.65 billion, 12.4% higher than the performance of the same period of 2017.

Export:

When compared with the second half of November-2018, export of first half of December decreased by 15.9%, mostly as a result of the decline registered in telephone, mobile phones and parts thereof (down by 34.9% - USD 829 million equally); machine, equipment, tools and instruments (down by 15.7% - USD 119 million equally); computer, electrical products (down by 8.3%- USD 105 million equally); camera, still images (down by 22.7% - USD 64 million); fishery products (down by 13.1% - USD 56 million equally)…

Chart 1: Top 10 main exported commodities of Vietnam from January to December 15th in 2018 as compared to the same period of 2017.

preliminary assessment of vietnam international merchandise trade performance in the first half of december 2018
Source: Vietnam Customs

Import:

In the first half of December 2018, import decreased by 5.6% when compared with second half of November, mainly reflecting the shrunk of telephone, mobile phones and parts thereof (down by 14% - USD 116 million equally); petroleum products (down by 41.6% - USD 103 million); computer electrical products (down by 4.7% - USD 88 million equally); means of transport (down by 47.2% - USD 55 million equally)…

Chart 2: Top 10 main imported commodities of Vietnam from January to December 15th in 2018 as compared to the same period of 2017.

preliminary assessment of vietnam international merchandise trade performance in the first half of december 2018

Source: Viet​nam Customs

Source: Vietnam Customs