Preliminary assessment of Vietnam international merchandise trade performance in the first half of March, 2019

​Vietnam‘s trade-in-goods from January to the first half of March of 2019 totaled US dollars 93.6 billion in value terms. It posted a growth of 6.3% (equivalent to USD 5.55 billion) from the same period of previous year. In which, the total merchandise exports value was up 5.4% to nearly US dollars 47.05 billion and the total merchandise imports value was up 7.3%, to US dollars 46.55 billion.

In the view of FDI traders, the value of exportation and importation in the first half of March reached USD 13.84 billion, up by 16.6% as compared to the second half of February 2019. Therefore, from January to March 15th of 2019, the total value of FDI merchandise trade went up 3.6% to US dollar 59.98 billion.

Export:

When compared with the second half of February-2019, export of first half of March increased by 13.6%, mostly as a result of the climb-up registered in telephone, mobile phone and part thereof (up by 15.7% - USD 363 million); textiles and garments (up by 27.2% - USD 269 million); computer electrical products and part thereofs (up by 17.3% - USD 198 million); wood and wooden products (up by 39.2% - USD 123 million)…

Chart 1: Top 10 main expo​rted commodities of Vietnam from Jan. to March 15th 2019 as compared to the same period of 2018.

Import:

In the first half of March 2016, import increased by 24.5% when compared with the second half of February, mainly reflecting the evolution of computer, electrical products, spare-parts and components thereof (up by 23.4% - USD 414 million); machine, equipment, tools and instruments (up by 21.8% - USD 258 million); fabrics (up by 77.7% - USD 210 million); irons and steels (up by 62.5% - USD 180 million); plastics products (up by 39.7% - USD 78 million)…

Chart 2: Top 10 main imported commodities of Vietnam from Jan. to March 15th 2019 as compared to the same period of 2018.