On 15 February, 2017: More than $US 1.21 billion of trade deficit

	Preliminary assessment of Vietnam international merchandise trade performance in November and the 11 months of 2016
	Securities face a deficit in demand in 2017
	Beginning of 2017, trade deficit return

Export turnover of the largest commodity groups of Vietnam (accumulated to 15 February, 2017 compared to the same period in 2016)

The latest preliminary statistics of the General Department of Customs showed that the total of Vietnam’s exports and imports in the first period of February, 2017(from 01/02 to 15/02/2017) reached more than $US 14.22 billion, up by 10.9% (corresponding to an increase of $US 1.4 billion) compared to the second period of January, 2017.

In the first 15 days of February, 2017, the FDI group reached more than $US 9.3 billion of export turnover, increasing by 13.1%,corresponding to an increase of nearly $US 1.08 billion against the second half of January, 2017. Till 15 February, 2017, this group reached nearly $US 26.89 billion of export turnover, increasing by 25.2%, corresponding to an increase of $US 5.41 billion compared to the same period in 2016. The FDI enterprise group’s BOT in the first half of February, 2017 was in a deficit of $US 784 million, bringing this group’s trade surplus from the beginning of the year to 15 February, 2017 to over $ US1.55 billion.

Regarding exports, Vietnam’s export turnover in the first period of February, 2017 reached nearly $US 5.89 billion, down by 15.9% (equivalent to a decrease of nearly $US 1.12 billion) compared to the second half of January, 2017. By the end of 15 February, 2017, the country’s export turnover reached more than $US 20.22 billion, up by 18.5% (equivalent to an increase of more than$US 3.16 billion) over the same period in 2016.

Compared to the second half of January, 2017, exports in the first half of February, 2017 had great changesin the following commodity groups: Telephones and accessories rose by 16.6%, equivalent to an increase of $US 166 million; Computers, electronic products and components rose by 13.8%,equivalent to an increase of $US 96 million; Fibers andyarnsrose by 44.8%, equivalent to an increase of $US39 million; and Petrol and oil rose by 87.4%, equivalent to an increase of $US 29 million. Meanwhile, Textiles fell by 53.4%,equivalent to a decrease of $US625 million; Footwear fell by 29.3%,equivalent to a decrease of $US159 million; Wood and wooden products fell by 44.3%,equivalent to a decrease of $US 133 million; Handbags, wallets, suitcases, hats, umbrellas falling by 57.4%,equivalent to a decrease of $US90 million; and Vehicles and parts fell by28%,equivalent to a decrease of $US 82million.

The export value of the FDI group in this period reached nearly $US4.26 billion, down by 10.9% (equivalent to a decrease of $US 519 million), compared to the second half of January, 2017. Thus, at the end of 15 February, 2017, the export turnover of FDI group reached nearly reached nearly $US 14.22 billion, up by 21.3%, equivalent to an increase of $US 2.49 billion over the same period in 2016 and accounting for 70.3% of total country’s export turnover.

Regarding imports, the value of imports of Vietnam in the first period of February, 2017 reached nearly $US 8.34 billion, up by 43.3% (corresponding to an increase of nearly $US 2.52 billion), compared to the second half of January, 2017. At the end of 15 February, 2017, the country’s import turnover reached nearly $US 21.43 billion, up by 31.7% (corresponding to an increase of more than $US 5.16 billion) over the same period in 2016.

Compared to the second half of January, 2017, exports in the first period of February, 2017 have great changes on the following commodity groups: Computers, electronic products and components increased by 38.7%,equivalent to an increase of $US387 million; Machines, equipment, tools and other spare parts increased by 35%, equivalent to an increase of $US352 million; Plastic materials increased by 87.9%, equivalent to an increase of $US151 million; Iron and Steel increased by 52.1%, equivalent to an increase of $US138 million; Telephones and accessories increased by28.4%, equivalent to an increase of $US115 million. Meanwhile, Petrol and oil dropped 30.9%, equivalent to a decrease of $US 94 million; Soybeans dropped by 69.3%, equivalent to a decrease of $US 25 million; and Corn dropped by 19.1%, equivalent to a decrease of $US15 million

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The import value of the FDI group in the first period ofFebruary, 2017 reached more than $US 5.04 billion, up by 108% (equivalent to nearly $US2.62 billion), compared to the second half of January, 2017, Therefore, at the end of 15 February, 2017, the import turnover of FDI group reached nearly $US 12.67 billion, equivalent to nearly $US 2.92, accounting for 59.1% of the total country’s import turnover.