Preliminary assessment of Vietnam international merchandise trade performance in the second half of March, 2019
Furthermore, in the first 3 months of 2019, Vietnam was in trade surplus of USD 1.08 billion. Vietnam‘s trade-in-goods in the first 3 months of 2019 totaled US dollars 116.31 billion in value terms, climbed up by 6.6% as compared to the performance of the same period of last year.
In the view of Foreign Direct Invested (FDI) traders, the total value of exportation and importation in the first 3 months of 2019 reached USD 74.54 billion, up by 3.8% in comparison to the same period of 2018.
Export:
As compared to the first half of March-2019, second half of the month increase in the total export value (7.3% - USD 801 million equally) is reflected by upturn in computer, electrical products (up by 9.7% - USD 131 million equally); machine, tools and equipments (up by 14.1% - USD 97 million equally); foot-wear (up by 14.3% - USD 87 million equally); vegetables and fruits (up by 48.4% - USD 71 million)…
Totally, in the first 3 months of 2019 total export value from Vietnam was USD 58.86 billion, climbed up 5.3% as compared to the same period of 2018 (equivalent to USD 2.96 billion in absolute value terms).
Chart 1: Top 10 main exported commodities of first 3 months of 2019 over the same period of 2018
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Import:
The first half to second half of March widen in the total of import value (3.2%) reflected upturn in machine, equipment tools and instruments (up by 11.4% - USD 164 million equally); fabrics (up by 24.8% - USD 119 million equally); telephones, mobile phones and part thereof (up by 26.3% - USD 112 million equally); Motor vehicles (up by 63% - USD 75 million equally)…
From January to second half of March-2019, total import value into Vietnam was USD 57.45 billion, went up by 8% as compared to the same period of 2018 (equivalent to USD 4.23 billion in absolute value terms).
Chart 2: Top 10 main imported commodities of first 3 months of 2019 over the same period of 2018
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