Preliminary assessment of Vietnam international merchandise trade performance in the first half of March, 2022

The Vietnam Customs Statistics announced that in the first half (01-15/3/2022) of March-2022, Vietnam’s total exports of US dollars 15.32 billion and imports of US dollars 15.23 billion resulted in a trade surplus of nearly US dollars 93 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of March was US dollars 30.55 billion, went up by 12.7% as compared to the second half of February-2022.

Vietnam‘s trade-in-goods from January to the first half of March of 2022 totaled US dollars 140.05 billion in value terms. It posted a growth of 14.3% (equivalent to USD 17.48 billion) from the same period of previous year. In which, the total merchandise exports value was up 12.2% to nearly US dollars 69.78 billion and the total merchandise imports value was up 16.4%, to US dollars 70.3 billion.

In the view of FDI traders, the value of exportation and importation from January to the first half of March of 2022 reached USD 97.45 billion, up by 11.8% as compared to the same period of last year.

Export:

When compared with the second half of February-2022, export of first half of March increased by 5.6%, mostly as a result of the climb-up registered in telephones, mobile phones and part thereof (up by 27.2% - USD 596 million); wood and wooden products (up by 15.1% - USD 88 million); crude oil (up by 85.2% - USD 61 million)…

Chart 1: Top 10 main exported commodities of Vietnam from Jan. to March 15th 2022 as compared to the same period of 2021.

Import:

In the first half of March 2022, import increased by 20.9% when compared with the second half of February, mainly reflecting the evolution of computer, electrical products, spare-parts and components thereof (up by 17.7% - USD 568 million); machine, equipment, tools and instruments (up by 19.8% - USD 282 million); fabrics (up by 65% - USD 228 million)…

Chart 2: Top 10 main imported commodities of Vietnam from Jan. to March 15th 2022 as compared to the same period of 2021.

Source: Vietnam Customs

Related News

Cau Treo Customs - Border Guard forces seize 4 kg of gold illegally transported across border gate

Cau Treo Customs - Border Guard forces seize 4 kg of gold illegally transported across border gate

VCN – Customs – Border Guard forces have arrested four suspects for illegally transport of four kg of gold across Cau Treo International Border Gate.
90,000 liters of DO oil seized by Customs and Coast Guard forces

90,000 liters of DO oil seized by Customs and Coast Guard forces

VCN - VCN - Fleet 3 of the Anti-smuggling and Investigation Department- the General Department of Vietnam, Coast Guard Region 3 Command and the working group of Reconnaissance Group No. 2, Coast Guard Command have seized a ship for illegal transport of 90,000 liters of DO oil.

Latest News

Preliminary assessment of Vietnam international merchandise trade performance in the first 2 months of 2024

Preliminary assessment of Vietnam international merchandise trade performance in the first 2 months of 2024

Highlights 1. According to trade statistics of Vietnam Customs, in February of 2024, a 26.7% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of January 2024. Exports went down 28.5 %, to USD 24.69 billion and imports decreased 24.6%, to USD 23.30 billion in terms of month-on-month basis. As a result, there was a USD 1.38 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of February, 2024

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

The Vietnam Customs Statistics announced that in the second half of February, 2024 the total Vietnam’s exports of US dollars 14.73 billion and imports of nearly US dollars 13.68 billion resulted in a trade surplus of US dollars 1.05 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of February was over US dollars 28.41 billion, up by 46.7% as compared to the first half of February-2024. Furthermore, in the first 2 months of 2024, Vietnam was in trade surplus of USD 5 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of January, 2024

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

The Vietnam Customs Statistics announced that in the second half of January, 2024 the total Vietnam’s exports of US dollars 19.3 billion and imports of nearly US dollars 16.03 billion resulted in a trade surplus of US dollars 3.27 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of January was over US dollars 35.33 billion, up by 18.6% as compared to the first half of January-2024. Furthermore, in the first month of 2024, Vietnam was in trade surplus of USD 3.63 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first month of 2024

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

Highlights 1. According to trade statistics of Vietnam Customs, in the first month of 2024, a 7.5% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of December 2023. Exports went up 9.7 %, to USD 34.53 billion and imports increased 5.1%, to USD 30.90 billion in terms of month-on-month basis. As a result, there was a USD 3.63 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 December, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the second half of December, 2023

The Vietnam Customs Statistics announced that in the second half of December, 2023 the total Vietnam’s exports of US dollars 16.31 billion and imports of nearly US dollars 13.66 billion resulted in a trade surplus of US dollars 2.65 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of December was over US dollars 29.98 billion, down by 1.8% as compared to the first half of December-2023. Furthermore, in 2023, Vietnam was in trade surplus of USD 28.3 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the whole year of 2023

Preliminary assessment of Vietnam international merchandise trade performance in the whole year of 2023

Highlights 1. According to trade statistics of Vietnam Customs, in December of 2023, a 0.3% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 1.1%, to US dollars 31.47 billion and imports decreased 0.6%, to US dollars 29.40billion in terms of month-on-month basis. As a result, there was a US dollars 2.06 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of December, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the first half of December, 2023

The Vietnam Customs Statistics announced that in the first half (01-15/12/2023) of December-2023, Vietnam’s total exports of US dollars 15.04 billion and imports of US dollars 15.48 billion resulted in a trade deficit of nearly US dollars 438 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of December was US dollars 30.52 billion, down by 1.4% as compared to the second half of November-2023.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2023

The Vietnam Customs Statistics announced that in the second half of November, 2023 the total Vietnam’s exports of US dollars 16.37 billion and imports of nearly US dollars 14.59 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 November was over US dollars 30.96 billion, up by 5.2% as compared to the first half of November. In 11 months of 2023, Vietnam was in trade surplus of USD 25.86 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first 11 months of 2023

Preliminary assessment of Vietnam international merchandise trade performance in the first 11 months of 2023

Highlights 1. According to trade statistics of Vietnam Customs, in November of 2023, a 1.7% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went down 3.5%, to US dollars 31.12 billion and imports increased 0.2%, to US dollars 29.58 billion in terms of month-on-month basis. As a result, there was a US dollars 1.54 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of November, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the first half of November, 2023

The Vietnam Customs Statistics announced that in the first half (01-15/11/2023) of November-2023, Vietnam’s total exports of US dollars 14.66 billion and imports of US dollars 14.77 billion resulted in a trade deficit of nearly US dollars 118 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of November was US dollars 29.43 billion, down by 14.7% as compared to the second half of October-2023.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of October, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the second half of October, 2023

The Vietnam Customs Statistics announced that in the second half of October, 2023 the total Vietnam’s exports of US dollars 18.02 billion and imports of nearly US dollars 16.5 billion resulted in a trade surplus of US dollars 1.52 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of October was over US dollars 34.51 billion, up by 27.7% as compared to the first half of October. In 10 months of 2023, Vietnam was in trade surplus of USD 24.59 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first 10 months of 2023

Preliminary assessment of Vietnam international merchandise trade performance in the first 10 months of 2023

Highlights 1. According to trade statistics of Vietnam Customs, in October of 2023, a 4.4% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 5.1%, to US dollars 32.25 billion and imports increased 3.6%, to US dollars 29.52 billion in terms of month-on-month basis. As a result, there was a US dollars 2.73 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of October, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the second half of October, 2023

The Vietnam Customs Statistics announced that in the second half of October, 2023 the total Vietnam’s exports of US dollars 18.02 billion and imports of nearly US dollars 16.5 billion resulted in a trade surplus of US dollars 1.52 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of October was over US dollars 34.51 billion, up by 27.7% as compared to the first half of October. In 10 months of 2023, Vietnam was in trade surplus of USD 24.59 billion.
Read More

Your care

Latest Most read
Preliminary assessment of Vietnam international merchandise trade performance in the first 2 months of 2024

Preliminary assessment of Vietnam international merchandise trade performance in the first 2 months of 2024

Highlights 1. According to trade statistics of Vietnam Customs, in February of 2024, a 26.7% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of January 2024. Exports went down 28.5 %, to USD 24.69 billion and imports decreased 24.6%, to USD 23.30 billion in terms of month-on-month basis. As a result, there was a USD 1.38 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of February, 2024

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

The Vietnam Customs Statistics announced that in the second half of February, 2024 the total Vietnam’s exports of US dollars 14.73 billion and imports of nearly US dollars 13.68 billion resulted in a trade surplus of US dollars 1.05 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of February was over US dollars 28.41 billion, up by 46.7% as compared to the first half of February-2024. Furthermore, in the first 2 months of 2024, Vietnam was in trade surplus of USD 5 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of January, 2024

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

The Vietnam Customs Statistics announced that in the second half of January, 2024 the total Vietnam’s exports of US dollars 19.3 billion and imports of nearly US dollars 16.03 billion resulted in a trade surplus of US dollars 3.27 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of January was over US dollars 35.33 billion, up by 18.6% as compared to the first half of January-2024. Furthermore, in the first month of 2024, Vietnam was in trade surplus of USD 3.63 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first month of 2024

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

Highlights 1. According to trade statistics of Vietnam Customs, in the first month of 2024, a 7.5% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of December 2023. Exports went up 9.7 %, to USD 34.53 billion and imports increased 5.1%, to USD 30.90 billion in terms of month-on-month basis. As a result, there was a USD 3.63 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of December, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the second half of December, 2023

The Vietnam Customs Statistics announced that in the second half of December, 2023 the total Vietnam’s exports of US dollars 16.31 billion and imports of nearly US dollars 13.66 billion resulted in a trade surplus of US dollars 2.65 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of December was over US dollars 29.98 billion, down by 1.8% as compared to the first half of December-2023. Furthermore, in 2023, Vietnam was in trade surplus of USD 28.3 billion.
Mobile Version