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

09:47 | 02/01/2022

The Vietnam Customs Statistics announced that in the first half (01-15/9/2021) of September-2021 , Vietnam’s total exports of US dollars 11.57 billion and imports of US dollars 13.08 billion resulted in a trade deficit of US dollars 1.51 billion.

Accordingly, the total value of export and import turnover of Vietnam in the first half of September was US dollars 24.65 billion, down by 19.2% as compared to the second half of August-2021.

Vietnam‘s trade-in-goods from January to the first half of September of 2021 totaled US dollars 454.58 billion in value terms. It posted an increase of 25.7% (equivalent to USD 93.07 billion) from the same period of previous year. In which, the total merchandise exports value was up 19.8% to nearly US dollars 225.2 billion and the total merchandise imports value was down 32.2%, to US dollars 229.38 billion.

In the view of FDI traders, from January to September 15th of 2021, the total value of FDI merchandise trade went up by 29.3% to US dollar 314.96 billion.

Export:

When compared with the second half of August-2021, export of first half of September decreased by 27.1%, mostly as a result of the downturn registered in telephone, mobile phone and part thereof (down by 26% - USD 838 million); computer electrical products and part thereofs (down by 24.6% - USD 645 million); irons and steels (down by 49.1% - USD 473 million equally); machine, tools and equipments (down by 23.9% - USD 418 millions); …

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

Preliminary assessment of Vietnam international merchandise trade performance in the first half of September, 2021  	-  	EnglishStatistics  	: Vietnam

Import:

In the first half of September 2021, import decreased by 10.5% when compared with the second half of August, mainly reflecting the downturn in computer, electrical products, spare-parts and components thereof (down by 15.6% - USD 601 million); machine, tools and equipments (down by 11.1% - USD 231 millions); coal (down by 51.5% - USD 147 million)…

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

Preliminary assessment of Vietnam international merchandise trade performance in the first half of September, 2021  	-  	EnglishStatistics  	: Vietnam

Source: Vietnam Customs

www1.customs.gov.vn