Preliminary assessment of Vietnam international merchandise trade performance in the first half of November, 2021

Vietnam‘s trade-in-goods from January to the first half of November of 2021 totaled US dollars 569.03 billion in value terms. It posted an increase of 22.7% (equivalent to USD 105.32 billion) from the same period of previous year. In which, the total merchandise exports value was up 17.7% to nearly US dollars 284.45 billion and the total merchandise imports value was down 28.1%, to US dollars 284.58 billion.

In the view of FDI traders, from January to November 15th of 2021, the total value of FDI merchandise trade went up by 25.2% to US dollar 394.62 billion.

Export:

When compared with the second half of October-2021, export of first half of November decreased by 6.8%, mostly as a result of the downturn registered in telephone, mobile phone and part thereof (down by 24.3% - USD 751 million); computer electrical products and part thereofs (down by 17.1% - USD 420 million); fishery products (down by 13.1% - USD 66 million equally)…

Chart 1: Top 10 main exported commodities of Vietnam from Jan. to Nov 15th 2021 as compared to the same period of 2020.

Import:

In the first half of November 2021, import increased by 14.9% when compared with the second half of October, mainly reflecting the upturn in computer, electrical products, spare-parts and components thereof (up by 17.2% - USD 651 million); machine, tools equipments (up by 11.9% - USD 207 million equally); crude oil (up by 121.5% - USD 181 millions)…

Chart 2: Top 10 main imported commodities of Vietnam from Jan. to Nov. 15th 2021 as compared to the same period of 2020.

​