Preliminary assessment of Vietnam international merchandise trade performance in the first half of June, 2023
The Vietnam Customs Statistics announced that in the first half (01-15/6/2023) of June-2023, Vietnam’s total exports of US dollars 13.7 billion and imports of US dollars 13.57 billion resulted in a trade surplus of nearly US dollars 131 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of June was US dollars 27.27 billion, down by 5.5% as compared to the second half of May-2023.
Vietnam‘s trade-in-goods from January to the first half of June of 2023 totaled US dollars 287.94 billion in value terms. It posted an decrease of 15.2% (equivalent to USD 51.76 billion) from the same period of previous year. In which, the total merchandise exports value was down 12% to nearly US dollars 148.87 billion and the total merchandise imports value was down by 18.4%, to US dollars 139.07 billion.
In the view of FDI traders, the value of exportation and importation from January to the first half of June of 2023 reached USD 199.32 billion, down by 14.8% as compared to the same period of last year.
Export:
When compared with the second half of May-2023, export of first half of June decreased by 16.6%, mostly as a result of the downturn registered in machine, tools and equipments (down by 22.6% - USD 439 millions); irons and steels (down by 48.5% - USD 299 million); textile and garments (down by 14% - USD 241 million) …
Chart 1: Top 10 main exported commodities of Vietnam from Jan. to June 15th 2023 as compared to the same period of 2022.
 |
Import:
In the first half of June 2023, import increased by 1.4% when compared with the second half of May, mainly reflecting the upturm in computer electrical products and part thereofs (up by 19% - USD 586 million); coal (up by 25.2% - USD 93 million); soya bean (up by 96.9% - USD 59 million)…
Chart 2: Top 10 main imported commodities of Vietnam from Jan. to June 15th 2023 as compared to the same period of 2022.
 |
Related News
Maintain "credibility" to stabilize agricultural product exports to the EU
10:00 | 21/09/2023 Import-Export
VCN - As one of the potential markets for Vietnamese agricultural products, the EU market share for Vietnamese agricultural products has recently developed as much as expected.
Slow removal of IUU "yellow card", loss of many millions of dollars
16:11 | 19/09/2023 Import-Export
VCN - It is expected that in October 2023, the European Commission (EC) Inspection Team will conduct the fourth assessment on the implementation of strong measures against illegal, unreported fishing and not according to Vietnam's (IUU) regulations. This is a golden opportunity for Vietnam to remove the "yellow card" warning for exploited seafood.
Latest News
Preliminary assessment of Vietnam international merchandise trade performance in the first 7 months of 2023
13:35 | 13/09/2023 Customs Statistics
Highlights
1. According to trade statistics of Vietnam Customs, in July of 2023, a 2.3% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 2.1%, to US dollars 30.07 billion and imports increased 2.4%, to US dollars 27.0 billion in terms of month-on-month basis. As a result, there was a US dollars 3.07 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of July, 2023
13:35 | 13/09/2023 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of July, 2023 the total Vietnam’s exports of US dollars 16.18 billion and imports of nearly US dollars 13.5 billion resulted in a trade surplus of US dollars 2.68 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of July was US dollars 29.69 billion, up by 9.2% as compared to the first half of July-2023. Furthermore, in the first 7 months of 2023, Vietnam was in trade surplus of USD 16.48 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of 2023
10:45 | 09/08/2023 Customs Statistics
Highlights 1. According to trade statistics of Vietnam Customs, in June of 2023, a 3.2% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 5.0%, to US dollars 29.45 billion and imports increased 1.3%, to US dollars 26.36 billion in terms of month-on-month basis. As a result, there was a US dollars 3.09 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the first 5 months of 2023
17:19 | 11/07/2023 Customs Statistics
Highlights
1. According to trade statistics of Vietnam Customs, in May of 2023, a 1.9% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 0.6%, to US dollars 28.04 billion and imports increased 3.3%, to US dollars 26.04 billion in terms of month-on-month basis. As a result, there was a US dollars 2.01 billion surplus in Vietnam’s trade balance in this month.
More News
Preliminary assessment of Vietnam international merchandise trade performance in the second half of May, 2023
17:19 | 11/07/2023 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of May, 2023 the total Vietnam’s exports of US dollars 16.43 billion and imports of nearly US dollars 13.38 billion resulted in a trade surplus of US dollars 3.05 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of May was over US dollars 29.81 billion, up by 24.7% as compared to the first half of May-2023. Furthermore, in the first 5 months of 2023, Vietnam was in trade surplus of USD 9.65 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of May, 2023
17:18 | 11/07/2023 Customs Statistics
The Vietnam Customs Statistics announced that in the first half (01-15/5/2023) of May-2023, Vietnam’s total exports of US dollars 11.45 billion and imports of US dollars 12.44 billion resulted in a trade deficit of nearly US dollars 988 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of May was US dollars 23.89 billion, down by 10.8% as compared to the second half of April-2023.
Preliminary assessment of Vietnam international merchandise trade performance in the first 4 months of 2023
17:18 | 11/07/2023 Customs Statistics
Highlights 1. According to trade statistics of Vietnam Customs, in April of 2023, a 8.5% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went down 6.2%, to US dollars 27.86 billion and imports decreased 11%, to US dollars 25.21 billion in terms of month-on-month basis. As a result, there was a US dollars 2.66 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the first quarter of 2023
09:49 | 29/04/2023 Customs Statistics
1. According to trade statistics of Vietnam Customs, in March of 2023, a 17.7% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 14%, to US dollars 29.71 billion and imports increased 21.8%, to US dollars 28.32 billion in terms of month-on-month basis. As a result, there was a US dollars 1.39 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of March, 2023
09:49 | 29/04/2023 Services
The Vietnam Customs Statistics announced that in the first half (01-15/3/2023) of March-2023, Vietnam’s total exports of US dollars 13.34 billion and imports of US dollars 13.83 billion resulted in a trade deficit of US dollars 492 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of March was US dollars 27.2 billion, went up by 17.3% as compared to the second half of February-2023.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of March, 2023
09:48 | 29/04/2023 Services
The Vietnam Customs Statistics announced that in the second half of March, 2023 the total Vietnam’s exports of US dollars 16.38 billion and imports of nearly US dollars 14.4 billion resulted in a trade surplus of US dollars 1.98 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of March was over US dollars 30.79 billion, up by 13.3% as compared to the first half of March-2023. Furthermore, in the first 3 months of 2023, Vietnam was in trade surplus of USD 4.81 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first 2 months of 2023
14:29 | 28/03/2023 Customs Statistics
Highlights
1. According to trade statistics of Vietnam Customs, in February 2023, a 5.9% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up US dollars 10.3%, to US dollars 26.05 billion and imports increased 1.3%, to US dollars 23.25 billion in terms of month-on-month basis. As a result, there was a US dollars 2.8 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of February, 2023
14:28 | 28/03/2023 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of February, 2023 the total Vietnam’s exports of US dollars 12.47 billion and imports of nearly US dollars 10.69 billion resulted in a trade surplus of US dollars 1.78 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of February was over US dollars 23.16 billion, down by 10.3% as compared to the first half of February-2023. Furthermore, in the first 2 months of 2023, Vietnam was in trade surplus of USD 3.44 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of February, 2023
14:28 | 28/03/2023 Customs Statistics
The Vietnam Customs Statistics announced that in the first half of February-2023, Vietnam’s total exports of US dollars 13.44 billion and imports of US dollars 12.38 billion resulted in a trade surplus of nearly US dollars 1.07 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of February was US dollars 25.82 billion, went up by 42.8% (equal to USD 7.74 billion) as compared to the second half of January-2023.
Your care
Latest
Most read
Preliminary assessment of Vietnam international merchandise trade performance in the first 7 months of 2023
13:35 | 13/09/2023 Customs Statistics
Highlights
1. According to trade statistics of Vietnam Customs, in July of 2023, a 2.3% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 2.1%, to US dollars 30.07 billion and imports increased 2.4%, to US dollars 27.0 billion in terms of month-on-month basis. As a result, there was a US dollars 3.07 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of July, 2023
13:35 | 13/09/2023 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of July, 2023 the total Vietnam’s exports of US dollars 16.18 billion and imports of nearly US dollars 13.5 billion resulted in a trade surplus of US dollars 2.68 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of July was US dollars 29.69 billion, up by 9.2% as compared to the first half of July-2023. Furthermore, in the first 7 months of 2023, Vietnam was in trade surplus of USD 16.48 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of 2023
10:45 | 09/08/2023 Customs Statistics
Highlights 1. According to trade statistics of Vietnam Customs, in June of 2023, a 3.2% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 5.0%, to US dollars 29.45 billion and imports increased 1.3%, to US dollars 26.36 billion in terms of month-on-month basis. As a result, there was a US dollars 3.09 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of June, 2023
17:19 | 11/07/2023 Customs Statistics
The Vietnam Customs Statistics announced that in the first half (01-15/6/2023) of June-2023, Vietnam’s total exports of US dollars 13.7 billion and imports of US dollars 13.57 billion resulted in a trade surplus of nearly US dollars 131 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of June was US dollars 27.27 billion, down by 5.5% as compared to the second half of May-2023.
Preliminary assessment of Vietnam international merchandise trade performance in the first 5 months of 2023
17:19 | 11/07/2023 Customs Statistics
Highlights
1. According to trade statistics of Vietnam Customs, in May of 2023, a 1.9% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 0.6%, to US dollars 28.04 billion and imports increased 3.3%, to US dollars 26.04 billion in terms of month-on-month basis. As a result, there was a US dollars 2.01 billion surplus in Vietnam’s trade balance in this month.