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

The Vietnam Customs Statistics announced that in the first half (01-15/3/2018) of March-2018 , Vietnam’s total exports of US dollars 9.96 billion and imports of US dollars 9.1 billion resulted in a trade surplus of nearly US dollars 857 million.

Accordingly, the total value of export and import turnover of Vietnam in the first half of March was US dollars 19.06 billion, went up by 65.3% as compared to the second half of February-2018.

Vietnam‘s trade-in-goods from January to the first half of March of 2018 totaled US dollars 87.46 billion in value terms. It posted a growth of 21.2% (equivalent to USD 15.3 billion) from the same period of previous year.

In which, the total merchandise exports value was up 26.5% to nearly US dollars 44.42 billion and the total merchandise imports value was up 16.2%, to US dollars 43.03 billion.

In the view of FDI traders, the value of exportation and importation in the first half of March reached USD 12.83 billion, up by 60.8% as compared to the second half of February-2018. Therefore, from January to March 15th of 2018, the total value of FDI merchandise trade went up 23.4% to US dollar 57.57 billion.

Export:

When compared with the second half of February-2018, export of first half of March increased by 94.1%, mostly as a result of the climb-up registered in telephone, mobile phone and part thereof (up by 70.7% - USD 1.12 billion equally); textiles and garments (up by 2.7 times - USD 788 million equally); computer electrical products and part thereofs (up by 53.6% - USD 370 million equally)…

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

Import:

In the first half of March 2018, import increased by 42.2% when compared with the second half of February, mainly reflecting the evolution of machine, equipment, tools and instruments (up by 53.1% - USD 452 million equally); computer, electrical products, spare-parts and components thereof (up by 22.9% - USD 234 million equally); plastics (up by 74.1% - USD 178 million equally); petroleum products (up by 37.4% - USD 114 million equally); other base metals (up by 58.1% - USD 113 million), telephones, mobile phones and parts thereof (up by 32% - USD 108 million equally)…

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

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