Preliminary assessment of Vietnam international merchandise trade performance in the first half of May, 2024
In the view of FDI traders, the value of exportation and importation from January to the first half of May of 2024 reached USD 182.8 billion, up by 13.9% as compared to the same period of last year.
Export:
When compared with the second half of April-2024, export of first half of May decreased by 8%, mostly as a result of the climb-down registered in irons and steels (down by 48.9% - USD 256 million); machine, equipment, tools and instruments (down by 10.9% - USD 218 million equally); telephones, mobile phones and parts thereof (down by 9.5% - USD 187 million equally); wood and wooden products (down by 15.7% - USD 108 million equally)…
Chart 1: Top 10 main exported commodities of Vietnam from Jan. to May 15th 2024 as compared to the same period of 2023.
Import:
In the first half of May 2024, import increased by 26% when compared with the second half of April, mainly reflecting the evolution of computer, electrical products (up by 25.5% - USD 915 million); machine, equipment, tools and instruments (up by 32.2% - USD 542 million); fabrics (up by 33.2% - USD 203 million).
Chart 2: Top 10 main imported commodities of Vietnam from Jan. to May 15th 2024 as compared to the same period of 2023.
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