Vietnam records US$2billion/day in trade in second half of November

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Export growth rate of the country and some key commodities in the second of November. Chart: T.Binh

Thus, Vietnam recorded US$2billion per day in trade in the second half of November, 2021.

The results achieved in the second half of November brought the country's total trade in the first eleven months of 2021 to US$602 ​​billion, up 22.9%, or US$112.24 billion year-on-year.T

In the 2nd period of November, the trade balance had a surplus of US$1.67 billion. Vietnam saw a trade surplus of US$1.46 billion in between January and November.

In the second half of November, Vietnam’s export rose 17.8%, or US$2.59billion, compared to US$17.2 billion in the first half of this month.

Commodities saw a surge in items, such as phones and related components, rise by 28.1%, or US$659 million. Computers, electronic products and other components are up by 28.6%, or US$582 million. Machinery, equipment, tools and spare parts are up by 19.6%, or US$367million and footwear of all kinds is up by 30.6%, or US$ 209 million.

Thus, by the end of November, Vietnam's exports rose 18.3%, or US$46.76 billion. Year-on-year this will equate to US$301.73 billion.

Vietnam imported US$15.53 billion in the second half of November, 2021, up 3.7% or US$552 million, compared with the first half of the month.

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Commodities witnessed a surge, including phones of all kinds and their components, up by 13.9$ or US$152 million. Computers, electronic products and their components are all up by 3.2% or US$123 million and coal of all kinds is up by 79.6%, or US$116 million.

By the end of November, the country's imports rose by 27.9%, or US$ 65.49 billion, to US$300.27 billion year-on-year.