Preliminary assessment of Vietnam international merchandise trade performance in the first half of October, 2016

15:04 | 23/12/2016 Customs Statistics Follow english.haiquanonline.com.vn on

VCN- The Vietnam Customs Statistics announced that in the first half (01-15/10/2016) of October-2016, Vietnam’s total exports of US dollars 7.26 billion and imports of US dollars 7.78 billion resulted in a trade deficit of US dollars 520 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of October was US dollars 15.03 billion, drop by 5.1% (equal to USD 808 million) as compared to the second half of September-2016.

Vietnam‘s trade-in-goods from January to the first half of October of 2016 totaled US dollars 268.39 billion in value terms. It posted a growth of 4.4% (equivalent to USD 11.36 billion) from the same period of previous year. In which, the total merchandise export value was up 7.1% to US dollars 135.78 billion and the total merchandise imports value was up 1.8%, to US dollars 132.6 billion.In the view of Foreign Direct Invested (FDI) traders, the value of exportation and importation in the first half of October reached USD 5.16 billion and USD 4.57 billion respectively. From January to October 15th of 2016, the total export value of FDI traders went up 10% to US dollar 95.06 billion, which accounted for 70% of Vietnam’s total exports. In the meanwhile, import value was posted at USD 78.38 billion, up by 1.3% and accounted for 59.1%.

Export:

When compared with the second half of September-2016, export of first half of October decreased by 14.6%, mostly as a result of the decline registered in following products: rice (down by USD 47 million);wood and wooden products (down by USD 49 million); foot wear (down by USD 53 million); iron and steel (down by USD 73 million); telephone, mobile phone and part thereof (down by USD 263 million)…However, the following commodities slightly climbed up in export value: cable and wireless cable (up by USD 27 million); fertilizer (up by USD 7 million).

preliminary assessment of vietnam international merchandise trade performance in the first half of october 2016

Import:

In the first half of October 2016, import increased by 5.9% when compared with second half of September, mainly reflecting the widen of other means of transportattion (up by USD 159 million); computer electrical products spare parts and component thereof (up by USD 118 million); corn (up by USD 60 million); other base metal (up by USD 48 million); fabrics (up by USD 44 million); petroleum products (up by USD 33 million)…

Decrease occurred in imports of telephone, mobile phone and part thereof (down by USD 57 million); machine, equipment, tools and instruments (down by USD 36 million.

Source: Vietnam Customs

Tags:

import export merchandise import value cable wireless cable

Related News

Import and export turnover across Cao Bang prospers but still exists difficulties

10:25 | 05/04/2023 Import-Export

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.

Import tax exemption to benefit domestic ITC industry

14:35 | 31/03/2023 Import-Export

The information and communication technology sector has grown by 6-9% each year and has often exceeded the country’s GDP growth rate in recent years, attendees were told at workshop held by the Ministry of Information and Communications (MIC).

Exploiting potential markets to increase coffee export space

11:40 | 01/04/2023 Import-Export

VCN - Vietnam's coffee industry has gradually affirmed its position when exports for the first time exceeded the USD 4 billion mark in the past year. The results of the first two months of 2023 show that coffee exports have many positives, especially in some markets.

Latest News

Preliminary assessment of Vietnam international merchandise trade performance in the first 2 months of 2023

14:29 | 28/03/2023 Customs Statistics

Highlights 1. According to trade statistics of Vietnam Customs, in February 2023, a 5.9% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up US dollars 10.3%, to US dollars 26.05 billion and imports increased 1.3%, to US dollars 23.25 billion in terms of month-on-month basis. As a result, there was a US dollars 2.8 billion surplus in Vietnam’s trade balance in this month.

Preliminary assessment of Vietnam international merchandise trade performance in the second half of February, 2023

14:28 | 28/03/2023 Customs Statistics

The Vietnam Customs Statistics announced that in the second half of February, 2023 the total Vietnam’s exports of US dollars 12.47 billion and imports of nearly US dollars 10.69 billion resulted in a trade surplus of US dollars 1.78 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of February was over US dollars 23.16 billion, down by 10.3% as compared to the first half of February-2023. Furthermore, in the first 2 months of 2023, Vietnam was in trade surplus of USD 3.44 billion.

Preliminary assessment of Vietnam international merchandise trade performance in the first half of February, 2023

14:28 | 28/03/2023 Customs Statistics

The Vietnam Customs Statistics announced that in the first half of February-2023, Vietnam’s total exports of US dollars 13.44 billion and imports of US dollars 12.38 billion resulted in a trade surplus of nearly US dollars 1.07 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of February was US dollars 25.82 billion, went up by 42.8% (equal to USD 7.74 billion) as compared to the second half of January-2023.

Preliminary assessment of Vietnam international merchandise trade performance in the first month of 2023

09:55 | 28/02/2023 Customs Statistics

Highlights 1. According to trade statistics of Vietnam Customs, in the first month of 2023, a 17.3% downward in total external merchandise turnover of Vietnam was recorded as compared to the result of December 2022. Exports went down 18.7 %, to USD 23.61 billion and imports shrunk 15.9%, to USD 22.95 billion in terms of month-on-month basis. As a result, there was a USD 656 million surplus in Vietnam’s trade balance in this month.

More News

Preliminary assessment of Vietnam international merchandise trade performance in the first half of January, 2023

09:55 | 28/02/2023 Customs Statistics

The Vietnam Customs Statistics announced that in the first half (01-15/1/2023) of January-2023, Vietnam’s total exports of US dollars 14,5 billion and imports of US dollars 13,76 billion resulted in a trade surplus of US dollars 735 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of January was US dollars 28,26 billion, down by 0.8% as compared to the second half of December-2022.

Preliminary assessment of Vietnam international merchandise trade performance in the second half of December, 2022

16:46 | 28/01/2023 Customs Statistics

The Vietnam Customs Statistics announced that in the second half of December, 2022 the total Vietnam’s exports of US dollars 15.31 billion and imports of nearly US dollars 13.19 billion resulted in a trade surplus of US dollars 2.12 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of December was over US dollars 28.5 billion, up by 3.3% as compared to the first half of December-2022. Furthermore, in 2022, Vietnam was in trade surplus of USD 12.4 billion.

Preliminary assessment of Vietnam international merchandise trade performance in full year 2022

16:45 | 28/01/2023 Customs Statistics

Highlights 1. According to trade statistics of Vietnam Customs, in December 2022, a 1.7% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up US dollars 10 million, to US dollars 29.03 billion and imports decreased 3.5%, to US dollars 27.29 billion in terms of month-on-month basis. As a result, there was a US dollars 1.74 billion surplus in Vietnam’s trade balance in this month.

Preliminary assessment of Vietnam international merchandise trade performance in the first half of December, 2022

16:45 | 28/01/2023 Customs Statistics

The Vietnam Customs Statistics announced that in the first half (01-15/12/2022) of December-2022, Vietnam’s total exports of US dollars 13.62 billion and imports of US dollars 13.96 billion resulted in a trade deficit of US dollars 342 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of December was US dollars 27.58 billion, down by 3.8% as compared to the second half of November-2022.

Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2022

16:45 | 28/01/2023 Customs Statistics

The Vietnam Customs Statistics announced that in the second half of November, 2022 the total Vietnam’s exports of US dollars 15.32 billion and imports of nearly US dollars 13.36 billion resulted in a trade surplus of US dollars 1.96 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of November was over US dollars 28.68 billion, up by 1% as compared to the first half of November. In 11 months of 2022, Vietnam was in trade surplus of USD 10.68 billion.

Preliminary assessment of Vietnam international merchandise trade performance in the first 11 months of 2022

16:44 | 28/01/2023 Customs Statistics

Highlights 1. According to trade statistics of Vietnam Customs, in November 2022, a 1.7% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of October 2022. Exports went down 4.4 %, to USD 29.02 billion and imports increased 1.3%, to USD 28.28 billion in terms of month-on- month basis. As a result, there was a USD 742 million surplus in Vietnam’s trade balance in this month.

Preliminary assessment of Vietnam international merchandise trade performance in the first half of November, 2022

13:59 | 17/12/2022 Customs Statistics

The Vietnam Customs Statistics announced that in the first half (01-15/11/2022) of November-2022, Vietnam’s total exports of US dollars 13.63 billion and imports of US dollars 14.78 billion resulted in a trade deficit of nearly US dollars 1.15 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of November was US dollars 28.4 billion, down by 6.3% as compared to the second half of October-2022.

Preliminary assessment of Vietnam international merchandise trade performance in the first 10 months of 2022

13:59 | 17/12/2022 Customs Statistics

Highlights 1. According to trade statistics of Vietnam Customs, in October 2022, a 0.1% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of September 2022. Exports went up 1.9 %, to USD 30.37 billion and imports decreased 1.7%, to USD 27.90 billion in terms of month-on- month basis. As a result, there was a USD 2.47 billion surplus in Vietnam’s trade balance in this month.

Preliminary assessment of Vietnam international merchandise trade performance in the second half of October, 2022

13:58 | 17/12/2022 Customs Statistics

The Vietnam Customs Statistics announced that in the second half of October, 2022 the total Vietnam’s exports of US dollars 16.35 billion and imports of nearly US dollars 13.96 billion resulted in a trade surplus of US dollars 2.39 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of October was over US dollars 30.32 billion, up by 9.3% as compared to the first half of October. In 10 months of 2022, Vietnam was in trade surplus of USD 9.59 billion.

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read