Preliminary assessment of Vietnam international merchandise trade performance in the first half of May, 2024
The Vietnam Customs Statistics announced that in the first half (01-15/5/2024) of May-2024, Vietnam’s total exports of US dollars 14.64 billion and imports of US dollars 17.26 billion resulted in a trade deficit of US dollars 2.63 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of May was US dollars 31.9 billion, went up by 7.7% as compared to the second half of April-2024.
Vietnam‘s trade-in-goods from January to the first half of May of 2024 totaled US dollars 270.82 billion in value terms. It posted an increase of 16.8% (equivalent to USD 38.87 billion) from the same period of previous year. In which, the total merchandise exports value was up 16.1% to nearly US dollars 138.59 billion and the total merchandise imports value was up 17.5%, to US dollars 132.23 billion.
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.
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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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Preliminary assessment of Vietnam international merchandise trade performance in the first half of September, 2024
00:00 | 19/10/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the first half (01-15/9/2024) of September-2024, Vietnam’s total exports of US dollars 14 billion and imports of US dollars 14.55 billion resulted in a trade deficit of nearly US dollars 546 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of September was US dollars 28.55 billion, down by 24.9% as compared to the second half of August-2024.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of August, 2024
10:11 | 08/10/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of August, 2024 the total Vietnam’s exports of US dollars 20.73 billion and imports of nearly US dollars 17.29 billion resulted in a trade surplus of US dollars 3.45 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first 8 months of 2024
10:10 | 08/10/2024 Customs Statistics
Highlights
1. According to trade statistics of Vietnam Customs, in August of 2024, a 2.0% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of July 2024. Exports went up 4.3 %, to USD 37.79 billion and imports decreased 0.4%, to USD 33.74 billion in terms of month-on-month basis. As a result, there was a USD 4.05 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of August, 2024
15:44 | 12/09/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the first half (01-15/8/2024) of August-2024, Vietnam’s total exports of US dollars 16.93 billion and imports of US dollars 16 billion resulted in a trade surplus of nearly US dollars 933 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of August was US dollars 32.93 billion, down by 11.4% as compared to the second half of July-2024.
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Preliminary assessment of Vietnam international merchandise trade performance in the first 7 months of 2024
09:08 | 29/08/2024 Customs Statistics
1. According to trade statistics of Vietnam Customs, in July of 2024, a 9.4% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of June 2024. Exports went up 7.7 %, to USD 36.24 billion and imports increased 11.2%, to USD 33.88 billion in terms of month-on-month basis. As a result, there was a USD 2.36 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of July, 2024
09:08 | 29/08/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of July, 2024 the total Vietnam’s exports of US dollars 19.89 billion and imports of nearly US dollars 17.28 billion resulted in a trade surplus of US dollars 2.6 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of July was over US dollars 37.17 billion, up by 13.7% as compared to the first half of July-2024. Furthermore, in the first 7 months of 2024, Vietnam was in trade surplus of USD 14.52 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of July, 2024
09:37 | 21/08/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the first half (01-15/7/2024) of July-2024, Vietnam’s total exports of US dollars 16.26 billion and imports of US dollars 16.43 billion resulted in a trade deficit of nearly US dollars 170 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of July was US dollars 32.69 billion, down by 0.3% as compared to the second half of June-2024.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of June, 2024
08:39 | 03/08/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of June, 2024 the total Vietnam’s exports of US dollars 17.94 billion and imports of nearly US dollars 14.86 billion resulted in a trade surplus of US dollars 3.08 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of June was over US dollars 32.8 billion, up by 5.4% as compared to the first half of June-2024. Furthermore, in the first 6 months of 2024, Vietnam was in trade surplus of USD 11.85 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of June, 2024
08:38 | 03/08/2024 Customs Statistics
VCN - The Vietnam Customs Statistics announced that in the first half (01-15/6/2024) of June-2024, Vietnam’s total exports of US dollars 15.73 billion and imports of US dollars 15.4 billion resulted in a trade surplus of US dollars 327 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of June was US dollars 31.13 billion, went down by 4.9% as compared to the second half of May-2024.
Preliminary assessment of Vietnam international merchandise trade performance in the first 5 months of 2024
08:37 | 03/08/2024 Customs Statistics
Highlights 1. According to trade statistics of Vietnam Customs, in May of 2024, a 6.5% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of April 2024. Exports went up 3.9 %, to USD 32.27 billion and imports increased 9.1%, to USD 32.72 billion in terms of month-on-month basis. As a result, there was a USD 0.45 billion deficit in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of May, 2024
07:44 | 31/07/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of May, 2024 the total Vietnam’s exports of US dollars 17.56 billion and imports of nearly US dollars 15.18 billion resulted in a trade surplus of US dollars 2.38 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of May was over US dollars 32.74 billion, up by 2.7% as compared to the first half of May-2024. Furthermore, in the first 5 months of 2024, Vietnam was in trade surplus of USD 8.61 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first 4 months of 2024
13:37 | 19/06/2024 Customs Statistics
Highlights
1. According to trade statistics of Vietnam Customs, in April of 2024, a 5.4% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of March 2024. Exports went down 7.7 %, to USD 31.05 billion and imports decreased 2.9%, to USD 29.99 billion in terms of month-on-month basis. As a result, there was a USD 1.07 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of April, 2024
19:14 | 26/05/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of April, 2024 the total Vietnam’s exports of US dollars 15.91 billion and imports of nearly US dollars 13.70 billion resulted in a trade surplus of US dollars 2.22 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of April was over US dollars 29.61 billion, down by 4.9% as compared to the first half of April-2024. Furthermore, in the first 4 months of 2024, Vietnam was in trade surplus of USD 9.02 billion.
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Preliminary assessment of Vietnam international merchandise trade performance in the first half of September, 2024
00:00 | 19/10/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the first half (01-15/9/2024) of September-2024, Vietnam’s total exports of US dollars 14 billion and imports of US dollars 14.55 billion resulted in a trade deficit of nearly US dollars 546 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of September was US dollars 28.55 billion, down by 24.9% as compared to the second half of August-2024.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of August, 2024
10:11 | 08/10/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the second half of August, 2024 the total Vietnam’s exports of US dollars 20.73 billion and imports of nearly US dollars 17.29 billion resulted in a trade surplus of US dollars 3.45 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first 8 months of 2024
10:10 | 08/10/2024 Customs Statistics
Highlights
1. According to trade statistics of Vietnam Customs, in August of 2024, a 2.0% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of July 2024. Exports went up 4.3 %, to USD 37.79 billion and imports decreased 0.4%, to USD 33.74 billion in terms of month-on-month basis. As a result, there was a USD 4.05 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of August, 2024
15:44 | 12/09/2024 Customs Statistics
The Vietnam Customs Statistics announced that in the first half (01-15/8/2024) of August-2024, Vietnam’s total exports of US dollars 16.93 billion and imports of US dollars 16 billion resulted in a trade surplus of nearly US dollars 933 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of August was US dollars 32.93 billion, down by 11.4% as compared to the second half of July-2024.
Preliminary assessment of Vietnam international merchandise trade performance in the first 7 months of 2024
09:08 | 29/08/2024 Customs Statistics
1. According to trade statistics of Vietnam Customs, in July of 2024, a 9.4% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of June 2024. Exports went up 7.7 %, to USD 36.24 billion and imports increased 11.2%, to USD 33.88 billion in terms of month-on-month basis. As a result, there was a USD 2.36 billion surplus in Vietnam’s trade balance in this month.