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

​Vietnam‘s trade-in-goods from January to the first half of May of 2019 totaled US dollars 178.81 billion in value terms. It posted a growth of 8.8% (equivalent to USD 14.45 billion) from the same period of previous year. In which, the total merchandise exports value was up 6.7% to nearly US dollars 88.9 billion and the total merchandise imports value was up 10.9%, to US dollars 89.91 billion.

In the view of FDI traders, the value of exportation and importation in the first half of May reached USD 13.01 billion, down by 0.03% as compared to the second half of April 2019. Therefore, from January to May 15th of 2019, the total value of FDI merchandise trade went up 6% to US dollar 112.98 billion.

Export:

When compared with the second half of April-2019, export of first half of May was down by 9.5%, mostly as a result of the climb-down registered in telephone, mobile phone and part thereof (down by 12.4% - USD 241 million); computer electrical products and part thereof (down by 9% - USD 124 million); machine tools and equipments (down by 7.4% - USD 52 million); wood and wooden products (down by 10.5% - USD 47 million)…

Chart 1: Top 10 main exported commodities of Vietnam from Jan. to May 15th 2019 as compared to the same period of 2018.

Import:

In the first half of May 2019, import up by 10.7% when compared with the second half of April, mainly reflecting the evolution of computer, electrical products, spare-parts and components thereof (up by 17.8% - USD 336 million); machine, equipment, tools and instruments (up by 15.5% - USD 227 million); fabrics (up by 19.7% - USD 116 million); animals and animal fodders (down by 56.6% - USD 67 million); plastics (down by 18.3% - USD 64 million)…

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