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

09:47 | 02/01/2022

The Vietnam Customs Statistics announced that in the second half of September, 2021 the total Vietnam’s exports of US dollars 15.47 billion and imports of nearly US dollars 13.6 billion resulted in a trade surplus of US dollars 1.87 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of September was over US dollars 29.07 billion, up by 17.9% as compared to the first half of September-2021.

Furthermore, in the first 9 months of 2021, Vietnam was in trade deficit of USD 2.55 billion.

Vietnam‘s trade-in-goods in the first 9 months of 2021 totaled US dollars 483.82 billion in value terms, up by 26.4% 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 9 months of 2021 reached USD 335.85 billion, up by 28% in comparison to the same period of 2020.

Export:

As compared to the first half of September-2021, second half of the month increase in the total export value (33.7% - USD 3.9 billion equally) is reflected by upturn in telephones, mobile phones and part thereof (up by 39.3% - USD 935 million equally); computer, electrical products (up by 41.1% - USD 813 million equally); irons and steels (up by 86.6% - USD 426 million); machine, tools and equipments (up by 21.9% - USD 292 million equally)…

Totally, in the first 9 months of 2021 total export value from Vietnam was USD 240.63 billion, up by 18.8% as compared to the same period of 2020 (equivalent to USD 38.09 billion in absolute value terms).

Chart 1: Top 10 main exported commodities of Vietnam in the second half of September as compared to the first half of September

Preliminary assessment of Vietnam international merchandise trade performance in the second half of September, 2021  	-  	EnglishStatistics  	: Vietna
Source: Vietnam Customs

Import:

The first half to second half of September widen in the total of import value (4%) reflected upturn in computer, electrical products (up by 12.2% - USD 397 million equally); telephones, mobile phones and part thereof (up by 26.4% - USD 258 million equally); motor vehicles (up by 94.8% - USD 64 million equally)…

From January to second half of September-2021, total import value into Vietnam was USD 243.18 billion, went up by 30.8% as compared to the same period of 2019 (equivalent to USD 57.3 billion in absolute value terms).

Chart 2: Top 10 main imported commodities of Vietnam in the second half of September as compared to the first half of September

Preliminary assessment of Vietnam international merchandise trade performance in the second half of September, 2021  	-  	EnglishStatistics  	: Vietna
Source: Vietnam​ Customs​

Source: Vietnam Customs