Preliminary assessment of Vietnam international merchandise trade performance in the second half of January, 2016

The Vietnam Customs Statistics reported that in the second half of January-2016, the total value of  Vietnam’s exports of US dollars 7.43 billion and imports of  US dollars 6.44 billion resulted in a trade surplus of US dollars 996 million. Accordingly, the total value of export and import turnover of Vietnam in the second half of January was US dollars 13.87 billion, up by 14.5% as compared to the first half of January-2016 (equivalent to USD 1.75 billion). Furthermore, in the first month of 2016, Vietnam was in trade surplus of USD 765 million.

Vietnam‘s trade-in-goods in January, 2016 totaled US dollars 25.96 billion in value terms which went down by 6.0% as compared to the performance of same period last year. In which, the total merchandise exports valued US dollars 13.36 billion, decreased 1.0.% and the total merchandise imports valued US dollars 12.60 billion, shrunk by 10.7%. In the view of Foreign Direct Invested (FDI) traders, the total value of exportation and importation in the second half of January reached over USD 8.60 billion, up by 12.7% in comparison to first half of January 2016. In the first month of 2016,FDI traders was in trade surplus of USD 1.86 billion (exports was US dollars 9.04, declined by 0.9% and imports was nearly US dollars 7.18 billion, went down by 13.0%).

Export:

As compared to the first half of January, 2016, second half of the month upsurge in the total export value (24.9% - USD 1.48 billion equally) is reflected by upturns in: textiles and garments (up by USD 235 million); telephone, mobile phone and part thereof (up by USD 152 million); other means of transportation (up by USD 140 million); foot-wear (up by USD 119 million) … 

preliminary assessment of vietnam international merchandise trade performance in the second half of january 2016

Import:  

The first half to second half of January increase in the total of import value (4.4%) reflected upturns in: computer, electrical products, spare-parts and component thereof (up by USD 109 million); telephone, mobile phone and part thereof (up by USD 80 million); iron and steels (up by USD 78 million); …  

preliminary assessment of vietnam international merchandise trade performance in the second half of january 2016

 

Vietnam Customs

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