Customs statistics on import and export in December 2018
2018: Import and export turnover of many commodities to increase | |
Vietnam"s GDP growth rate in 2018 highest in 11 years | |
Exciting economic rhythms through customs statistics |
The proportion of import-export turnover between Vietnam and markets in 5 continents in 2018. Chart by : T. B |
According to preliminary statistics from the General Department of Vietnam Customs (GDVC) in December 2018, the total import-export turnover of the whole country reached US$ 40.08 billion, down 7.5% compared to November.
In particular, exports reached US$ 19.64 billion, down 9.7% compared to the previous month (equivalent to US$ 2.11 billion); imports reached US$ 20.45 billion, down 5.3% (equivalent to US$ 1.15 billion ).
Thus, the total import-export turnover of the whole country in 2018 reached US$ 480.17 billion, up 12.2% (equivalent to US$ 52.05 billion) compared to the same period in 2017. Of which, export turnover was US $ 243.48 billion, up 13.2%, and import turnover was US$ 236.69 billion, up 11.1%.
The trade balance of goods in December was in a deficit of US $ 0.81 billion. However, at the end of 2018, Vietnam's trade balance was still in a surplus of US$ 6.8 billion.
The General Department of Customs recorded the total import and export turnover of foreign direct investment (FDI) enterprises in December reached US 24.67 billion, down by 14.2% compared to the previous month, bringing the export/import turnover to reached US$ 313.21 billion, up 11.7%, equivalent to US$ 32.83 billion compared to 2017 and accounting for 65.2% of the country’s total import and export turnover.
In particular, the export turnover of FDI enterprises in December reached 13 US$ billion, down 17% from the previous month, bringing the total export turnover of 2018 to US$ 171.53 billion, up 12.4%.
On the other hand, the import turnover of FDI enterprises in December 2018 reached US$ 11.67 billion, down 10.8% from the previous month, bringing the total import turnover of 2018 to US$ 141.68 billion, up 10. 8%.
According to the General Department of Vietnam Customs, the trade balance of FDI enterprises in December 2018 had a surplus of US$ 1.33 billion, bringing the surplus of the whole year to US$ 29.85 billion.
Regarding the import and export market, the General Department of Vietnam Customs recorded that at end of December, Vietnam’s trade exchange with continents increased compared to 2017. In which, the highest increase was in Oceania (up 19.1%) followed by the Americas (up 14.6%).
Preliminary assessment of Vietnam international merchandise trade performance in the second half of September, 2018 The Vietnam Customs Statistics announced that in the second half of September, 2018 the total Vietnam’s exports ... |
The total value of Vietnam's goods exchange with Asian markets in 2018 reached US $ 321.4 billion, an increase of 11.9% compared to 2017 and this is a continent with the highest proportion (66.9%) in the total import-export turnover of the whole country.
The turnover in the Americas market reached US$ 78.37 billion, up 14.6%; in Europe reaching US$ 64.11 billion, up 10.5%; in Oceania achieving US$ 9.31 billion, up 19.1%; Africa reaching US$ 6.98 billion, up 3.9%.
Related News
To maintain its billion-dollar export position, forestry and fisheries enterprises propose additional credit limits
06:15 | 28/04/2024 Import-Export
Latest News
Efforts to supply US $ one billion of raw materials and cosmetics to replace imported goods
06:14 | 28/04/2024 Import-Export
Ample room for Quang Ninh to attract FDI
19:47 | 27/04/2024 Import-Export
Vietnam’s rice exports may exceed 2024 target
19:46 | 27/04/2024 Import-Export
Opportunity for exporting to Thailand market
14:48 | 27/04/2024 Import-Export
More News
Enterprises want clearer regulations on seafood production
14:05 | 26/04/2024 Import-Export
Vietnam ranks fifth among aquatic product suppliers for Singapore
13:53 | 26/04/2024 Import-Export
Forum seeks to increase PPP investment effectiveness
13:48 | 25/04/2024 Import-Export
Linking businesses with cooperatives to increase the value chain
09:42 | 25/04/2024 Import-Export
Vietnam has a trade deficit of over US$17 billion with China
15:34 | 24/04/2024 Import-Export
Tra fish export to UAE jumps 67% in Q1
13:46 | 24/04/2024 Import-Export
Pepper prices continue increase trend
13:44 | 24/04/2024 Import-Export
More efforts needed to maintain export growth to China: Insiders
13:55 | 23/04/2024 Import-Export
It is expected that there are higher orders and revenue in the second quarter from European businesses
09:31 | 23/04/2024 Import-Export
Your care
To maintain its billion-dollar export position, forestry and fisheries enterprises propose additional credit limits
06:15 | 28/04/2024 Import-Export
Efforts to supply US $ one billion of raw materials and cosmetics to replace imported goods
06:14 | 28/04/2024 Import-Export
Ample room for Quang Ninh to attract FDI
19:47 | 27/04/2024 Import-Export
Vietnam’s rice exports may exceed 2024 target
19:46 | 27/04/2024 Import-Export
Opportunity for exporting to Thailand market
14:48 | 27/04/2024 Import-Export