Preliminary assessment of Vietnam international merchandise trade performance in the first half of April, 2021

Source: customs.gov.vn

09:24 | 27/07/2021 Customs Statistics Follow english.haiquanonline.com.vn on

The Vietnam Customs Statistics announced that in the first half (01-15/4/2021) of April-2021 , Vietnam’s total exports of US dollars 12.65 billion and imports of US dollars 13.96 billion resulted in a trade deficit of nearly US dollars 1.31 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of April was US dollars 26.61 billion, went down by 15.8% as compared to the second half of March-2021.

Vietnam‘s trade-in-goods from January to the first half of April of 2021 totaled US dollars 180.5 billion in value terms. It posted a growth of 27.9% (equivalent to USD 39.39 billion) from the same period of previous year. In which, the total merchandise exports value was up 26.8% to nearly US dollars 90.99 billion and the total merchandise imports value was up 29.1%, to US dollars 89.51 billion.

In the view of FDI traders, the value of exportation and importation from January to the first half of April of 2021 reached USD 126.74 billion, up by 32.7% as compared to the same period of 2020.

Export:

When compared with the second half of March-2021, export of first half of April decreased by 22.3%, mostly as a result of the slide down registered in telephone, mobile phone and part thereof (down by 31.8% - USD 850 million); computer electrical products and part thereofs (down by 27.1% - USD 682 million); machine, equipment, tools and instruments (down by 23.6% - USD 448 million)…

Chart 1: Top 10 main exported commodities of Vietnam from Jan. to April 15th 2021 as compared to the same period of 2020.

Preliminary assessment of Vietnam international merchandise trade performance in the first half of April, 2021 - EnglishStatistics : Vietnam Cus

Import:

In the first half of April 2021, import decreased by 8.9% when compared with the second half of March, mainly reflecting the shrunk of computer, electrical products, spare-parts and components thereof (down by 9.9% - USD 309 million); machine, equipment, tools and instruments (down by 6.9% - USD 150 million)…

Chart 2: Top 10 main imported commodities of Vietnam from Jan. to April 15th 2021 as compared to the same period of 2020.

Source: customs.gov.vn

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