Detailed information on imports and exports in second half of March

Import – export turnover and trade balance in the first quarter of 2020, calculation unit “billion USD”. Sketched by: T.Bình

The results achieved in the second half of March increased sharply, bringing the total value of import and export of the country in the first three months to $122.73 billion, up 5.7% over the same period in 2019.

Total import-export value of FDI enterprises reached $77.37 billion, up 3.8%, while the import-export value of domestic enterprises was $45.35 billion, up 9% from the same period in 2019.

In the second half of March, trade balance of goods achieved a surplus of $1.12 billion, bringing Vietnam's trade surplus in the first three months to $3.74 billion.

In terms of export, the General Department of Vietnam Customs recorded that in the second period, total turnover reached $12.97 billion, up 16.1% compared to the first half of March 2020.

Items with a strong increase include: computers, electronic products and components up 34.4%; machines, equipment, tools and spare parts rising by 44.2%; means of transport and spare parts increased by 41.5%; aquatic products up by 29.3%; footwear of all kinds jumping by 10.3%; vegetable and fruit goods increased by 37.7%.

By the end of March, Vietnam's total export value reached $63.23 billion, up 7.5% compared to the same period in 2019.

FDI enterprises reached $42.55 billion, up 3.6% and accounting for 67.3% of total export value of Vietnam.

Regarding imports, the second haft of March reached $11.85 billion, up 15.1% compared to the result in the first half of March 2020.

Commodity groups with strong growth included computers, electronic products and components increased by 16.3%; machinery, equipment, tools and spare parts increased by 20.1%; fabric of all kinds increased by 40.3%; textile, garment, leather and footwear materials by 34.6%; all kinds of coal increased by 63.3%.

By the end of March, total import value of the country reached $59.49 billion, up 3.7% from the same period in 2019.

Particularly, FDI enterprises reached $34.82 billion, up 4.1% and accounting for 58.5% of the total import value of Vietnam.