Preliminary assessment of Vietnam international merchandise trade performance in the first half of August, 2024

Source: Vietnam Customs

15:44 | 12/09/2024 Customs Statistics Follow english.haiquanonline.com.vn on

The Vietnam Customs Statistics announced that in the first half (01-15/8/2024) of August-2024, Vietnam’s total exports of US dollars 16.93 billion and imports of US dollars 16 billion resulted in a trade surplus of nearly US dollars 933 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of August was US dollars 32.93 billion, down by 11.4% as compared to the second half of July-2024.

Vietnam‘s trade-in-goods from January to the first half of August of 2024 totaled US dollars 473.33 billion in value terms. It posted an increase of 16.9% (equivalent to USD 68.58 billion) from the same period of previous year. In which, the total merchandise exports value was up by 16% to nearly US dollars 244.41 billion and the total merchandise imports value was up by 18%, to US dollars 228.92 billion.

In the view of FDI traders, the value of exportation and importation from January to the first half of August of 2024 reached USD 321.04 billion, up by 15.4% as compared to the same period of last year.

Export:

When compared with the second half of July-2024, export of first half of August decreased by 14.9%, mostly as a result of the downturn registered in telephone, mobile phones and part thereof (down by 26.3% - 791 million); computer electrical products and part thereof (down by 21.4% - USD 562 million); textiles and garments (down by 10.3% - USD 211 million)…

Chart 1: Top 10 main exported commodities of Vietnam from Jan. to August 15th 2024 as compared to the same period of 2023.

Preliminary assessment of Vietnam international merchandise trade performance in the first half of August, 2024

Import:

In the first half of August 2024, import decreased by 7.4% when compared with the second half of July, mainly reflecting the downturm in computer electrical products and part thereof (down by 6.1% - USD 307 million); machine, tools equipments (down by 6% - USD 142 million) …

Chart 2: Top 10 main imported commodities of Vietnam from Jan. to August 15th 2024 as compared to the same period of 2023.

Source: Vietnam Customs

Tags:

import export trade

Related News

Ha Tinh Customs faces many difficulties in budget collection

09:16 | 14/10/2024 Customs

VCN - According to Ha Tinh Customs Department, from May 2024, due to the impact of market consumption, output products of many enterprises have been in stock, leading to enterprises having to cut down on the import of input materials. This has affected the unit's revenue.

Maximum effort for Customs headquarters project at Long Thanh airport

09:30 | 10/10/2024 Customs

VCN - The fact that Long Thanh International Airport project is accelerating its construction progress requires the implementation of the customs headquarters project here to be implemented more quickly to catch up with the airport's operational progress in early 2026. The General Department of Customs and its departments and bureaus are urgently implementing work contents to ensure the project to be completed in time with the airport's progress.

Latest News

Preliminary assessment of Vietnam international merchandise trade performance in the second half of August, 2024

10:11 | 08/10/2024 Customs Statistics

The Vietnam Customs Statistics announced that in the second half of August, 2024 the total Vietnam’s exports of US dollars 20.73 billion and imports of nearly US dollars 17.29 billion resulted in a trade surplus of US dollars 3.45 billion.

Preliminary assessment of Vietnam international merchandise trade performance in the first 8 months of 2024

10:10 | 08/10/2024 Customs Statistics

Highlights 1. According to trade statistics of Vietnam Customs, in August of 2024, a 2.0% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of July 2024. Exports went up 4.3 %, to USD 37.79 billion and imports decreased 0.4%, to USD 33.74 billion in terms of month-on-month basis. As a result, there was a USD 4.05 billion surplus in Vietnam’s trade balance in this month.

More News

Preliminary assessment of Vietnam international merchandise trade performance in the first 7 months of 2024

09:08 | 29/08/2024 Customs Statistics

1. According to trade statistics of Vietnam Customs, in July of 2024, a 9.4% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of June 2024. Exports went up 7.7 %, to USD 36.24 billion and imports increased 11.2%, to USD 33.88 billion in terms of month-on-month basis. As a result, there was a USD 2.36 billion surplus in Vietnam’s trade balance in this month.

Preliminary assessment of Vietnam international merchandise trade performance in the second half of July, 2024

09:08 | 29/08/2024 Customs Statistics

The Vietnam Customs Statistics announced that in the second half of July, 2024 the total Vietnam’s exports of US dollars 19.89 billion and imports of nearly US dollars 17.28 billion resulted in a trade surplus of US dollars 2.6 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of July was over US dollars 37.17 billion, up by 13.7% as compared to the first half of July-2024. Furthermore, in the first 7 months of 2024, Vietnam was in trade surplus of USD 14.52 billion.

Preliminary assessment of Vietnam international merchandise trade performance in the first half of July, 2024

09:37 | 21/08/2024 Customs Statistics

The Vietnam Customs Statistics announced that in the first half (01-15/7/2024) of July-2024, Vietnam’s total exports of US dollars 16.26 billion and imports of US dollars 16.43 billion resulted in a trade deficit of nearly US dollars 170 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of July was US dollars 32.69 billion, down by 0.3% as compared to the second half of June-2024.

Preliminary assessment of Vietnam international merchandise trade performance in the second half of June, 2024

08:39 | 03/08/2024 Customs Statistics

The Vietnam Customs Statistics announced that in the second half of June, 2024 the total Vietnam’s exports of US dollars 17.94 billion and imports of nearly US dollars 14.86 billion resulted in a trade surplus of US dollars 3.08 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of June was over US dollars 32.8 billion, up by 5.4% as compared to the first half of June-2024. Furthermore, in the first 6 months of 2024, Vietnam was in trade surplus of USD 11.85 billion.

Preliminary assessment of Vietnam international merchandise trade performance in the first half of June, 2024

08:38 | 03/08/2024 Customs Statistics

VCN - The Vietnam Customs Statistics announced that in the first half (01-15/6/2024) of June-2024, Vietnam’s total exports of US dollars 15.73 billion and imports of US dollars 15.4 billion resulted in a trade surplus of US dollars 327 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of June was US dollars 31.13 billion, went down by 4.9% as compared to the second half of May-2024.

Preliminary assessment of Vietnam international merchandise trade performance in the first 5 months of 2024

08:37 | 03/08/2024 Customs Statistics

Highlights 1. According to trade statistics of Vietnam Customs, in May of 2024, a 6.5% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of April 2024. Exports went up 3.9 %, to USD 32.27 billion and imports increased 9.1%, to USD 32.72 billion in terms of month-on-month basis. As a result, there was a USD 0.45 billion deficit in Vietnam’s trade balance in this month.

Preliminary assessment of Vietnam international merchandise trade performance in the second half of May, 2024

07:44 | 31/07/2024 Customs Statistics

The Vietnam Customs Statistics announced that in the second half of May, 2024 the total Vietnam’s exports of US dollars 17.56 billion and imports of nearly US dollars 15.18 billion resulted in a trade surplus of US dollars 2.38 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of May was over US dollars 32.74 billion, up by 2.7% as compared to the first half of May-2024. Furthermore, in the first 5 months of 2024, Vietnam was in trade surplus of USD 8.61 billion.

Preliminary assessment of Vietnam international merchandise trade performance in the first half of May, 2024

13:44 | 21/06/2024 Customs Statistics

The Vietnam Customs Statistics announced that in the first half (01-15/5/2024) of May-2024, Vietnam’s total exports of US dollars 14.64 billion and imports of US dollars 17.26 billion resulted in a trade deficit of US dollars 2.63 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of May was US dollars 31.9 billion, went up by 7.7% as compared to the second half of April-2024.

Preliminary assessment of Vietnam international merchandise trade performance in the first 4 months of 2024

13:37 | 19/06/2024 Customs Statistics

Highlights 1. According to trade statistics of Vietnam Customs, in April of 2024, a 5.4% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of March 2024. Exports went down 7.7 %, to USD 31.05 billion and imports decreased 2.9%, to USD 29.99 billion in terms of month-on-month basis. As a result, there was a USD 1.07 billion surplus in Vietnam’s trade balance in this month.

Your care

Latest Most read