Vietnam trade performance May 2015
Totally, from January to second half of May-2015, total export value from Vietnam was USD 63.45 billion, climbed up 7.7% as compared to the same period of 2014 (equivalent to USD 4.54 billion in absolute value terms).
From January to second half of May-2015, total import value into Vietnam was USD 66.5 billion, went up by 16.4% as compared to the same period of 2014 (equivalent to USD 9.36 billion in absolute value terms).
Main Exports and Imports
Preliminary assessment of Vietnam international merchandise trade performance in the second half of May, 2015
Vietnam Customs Statistics 19/06/2015 11:00 AM
The Vietnam Customs Statistics announced that in the second half of May, 2015 the total Vietnam’s exports of US dollars 7,39 billion and imports of US dollars 6,93 billion resulted in a trade surplus of US dollars 461 million. Accordingly, the total value of export and import turnover of Vietnam in the second half of May was US dollars 14.33 billion, down by 1.2% as compared to the first half of May-2015 (equivalent to USD 175 million). Furthermore, in the first 5 months of 2015, Vietnam was in trade deficit of USD 3.05 billion.
Vietnam‘s trade-in-goods in the first 5 months of 2015 totaled US dollars 129.94 billion in value terms, expanded by 12.0% as compared to the performance of the same period of 2014. In which, the total merchandise exports valued US dollars 63.45 billion, moved up by 7.7% and the total merchandise imports valued to US dollars 66.5 billion went up by 16.4%.
In the view of Foreign Direct Invested (FDI) traders, the value of exportation and importation in the first 5 months of 2015 reached USD 42.96 billion (up by 18.5% and accounted for nearly 68%) and USD 39.96 billion (up by 24% and accounted for 60%) respectively.
Export:
As compared to the first half of May-2015, second half of the month increase in the total export value (17.1% - USD 1.08 billion equally) is reflected by upturn in telephone, mobile phones and parts therof (up by USD 366 million); textile and garment (up by USD 170 million); crude oil (up by USD 92 million); machine, equipment tools and instruments (up by USD 48 million); fishery products (up by USD 46 million) …
It was also showed by Vietnam Customs Statistics that export value of some commodities shrunk in the second half of May, which included: other means of transportation (down by USD 23 million); chemical (down by USD 13 million)…
Totally, from January to second half of May-2015, total export value from Vietnam was USD 63.45 billion, climbed up 7.7% as compared to the same period of 2014 (equivalent to USD 4.54 billion in absolute value terms).
Import:
The first half to second half of May decrease in the total of import value (15.3%) reflected downturn in machine, equipment tools and instruments (down by USD 342 million); computer electrical products (down by USD 193 million); iron and steel (down by USD 104 million); plastics (down by USD 76 million)…
An increase occurred in importation of some commodities such as: animal fodders and animal fodder products (up by USD 52 million); telephones, mobile phones and parts thereof up by USD 47 million)…
From January to second half of May-2015, total import value into Vietnam was USD 66.5 billion, went up by 16.4% as compared to the same period of 2014 (equivalent to USD 9.36 billion in absolute value terms).
Preliminary assessment of Vietnam international merchandise trade performance in the first half of May, 2015
Vietnam Customs Statistics 26/05/2015 3:00 PM
The Vietnam Customs Statistics announced that in the first half (01-15/5/2015) of May-2015, Vietnam’s total exports of US dollars 6.32 billion and imports of US dollars 8.19 billion resulted in a trade deficit of nearly US dollars 1.87 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of May was US dollars 14.51 billion, went up by 11% as compared to the second half of April-2015.
Vietnam‘s trade-in-goods from January to the first half of May of 2015 totaled US dollars 115.87 billion in value terms. It posted a growth of 13.6% (equivalent to USD 13.85 billion) from the same period of previous year. In which, the total merchandise exports value was up 8.6% to nearly US dollars 56.09 billion and the total merchandise imports value was up 18.7%, to US dollars 59.78 billion.
In the view of FDI traders, the value of exportation and importation in the first half of May reached USD 4.3 billion and USD 4.9 billion respectively.
Export:
When compared with the second half of March-2015, export of first half of May decreased by 9.6%, mostly as a result of the decline registered in telephone, mobile phones and parts thereof (down by USD 264 million); crude oil (down by USD 92 million); textiles and garments (down by USD 84 million); wood and wooden products (down by USD 40 million); fruits and vegetables (down by USD 38 million);
Table 1: Top 10 major exports of Vietnam
from January to May 15th 2015 as compared to the same period 2014
| No. | Major products |
Value (Jan.1st – May. 15th)
(Mil. USD)
| As compared to the same period of 2014 | ||
Value
+/-
(Mil. USD) |
Change
+/-
(%) | ||||
| TOTAL | 56 086 | 4423 | 8.6 | ||
| In which: FDI traders | 37 912 | 5 813 | 18.1 | ||
| 1 | Telephone, mobile phone and part thereof | 10 435 | 1 457 | 16.2 | |
| 2 | Textile and garment | 7 227 | 666 | 10.1 | |
| 3 | Computer, electrical products, spare-parts and component thereof | 5 352 | 2 036 | 61.4 | |
| 4 | Foot-wears | 4 095 | 760 | 22.8 | |
| 5 | Machine, equipment, tools and instruments | 2 784 | 352 | 14.5 | |
| 6 | Wood and wooden products | 2 317 | 174 | 8.1 | |
| 7 | Fishery products | 2 147 | -376 | -14.9 | |
| 8 | Other means of transportation | 2 011 | -356 | -15.0 | |
| 9 | Crude oil | 1 569 | -999 | -38.9 | |
| 10 | Still image, video cameras and sparts thereof | 1 153 | 660 | 133.8 | |
Source: Vietnam Customs
Import:
In the first half of May 2015, import increased by 34.6% when compared with second half of April, mainly reflecting the widen of machine, electrical products, spare-parts and components thereof (up by USD 428 million); computer, electrical products, spare-parts and components thereof (up by USD 314 million); fabrics (up by USD 215 million); plastics (up by USD 126 million); irons and steels (up by USD 106 million)…
Table 2: Top 10 major imports of Vietnam
from January to May 15th 2015 as compared to the same period 2014
| No. | Major products | Value (Jan. 1st – May. 15th) (Mil. USD) | As compared to the same period of 2014 | |
Value
+/-
(Mil. USD) |
Change
+/-
(%) | |||
| TOTAL | 59 784 | 9 430 | 18.7 | |
| In which: FDI traders | 36 040 | 7 315 | 25.5 | |
| 1 | Machine, equipment, tools and instruments | 10 448 | 2 969 | 39.7 |
| 2 | Computer, electrical products, spare-parts and component thereof | 8 473 | 2 282 | 36.9 |
| 3 | Telephone, mobile phone and part thereof | 3 882 | 821 | 26.8 |
| 4 | Fabrics | 3 589 | 325 | 10.0 |
| 5 | Irons and Steels | 2 696 | 278 | 11.5 |
| 6 | Petroleum products | 2 242 | -780 | -25.8 |
| 7 | Plastics | 2 071 | -124 | -5.6 |
| 8 | Textile, leather and foot-wear materials | 1 829 | 206 | 12.7 |
| 9 | Iron and steel products | 1 611 | 581 | 56.5 |
| 10 | Plastic products | 1 036 | 242 | 22.8 |
Source: Vietnam Customs
Preliminary assessment of Vietnam international merchandise trade performance in May and the first 5 months of 2015
Vietnam Customs Statistics 19/06/2015 5:00 PM
Highlights
1. In May of 2015, trade statistics of Vietnam Customs recorded a 7.9% upwards in total external merchandise turnover of Vietnam as compared to the result of a month earlier. In which exports went up 2.6%, to USD 13.70 billion and imports increased 13.2%, to USD 14.94 billion. In contrast to the result of last month, there was a USD 1.24 billion deficit in Vietnam’s trade balance in this month.
2. From the beginning to May of 2015, Vietnam‘s trade-in-goods reached US dollars 129.94 billion in value terms, 12.0% higher than the corresponding period of 2014. As compared to result of the first 5 months of a year earlier, total merchandise exports value rose 7.7% to US dollars 63.44 billion and the total merchandise imports value rose 16.4% to US dollars 66.50 billion. Accordingly, Vietnam’s trade balance in the first 5 months of 2015 was in the deficit of US dollars 3.05 billion.
3. Trade data disseminated recently by Vietnam Customs announced that the total value of exportation and importation by foreign direct invested (FDI) traders was USD 82.92 billion in total for January – May period of 2015, up by 14.4 % as compared to the result of corresponding period of 2014. Total value of FDI exportation was USD 42.96 billion and expanded by 18.5%. On import side, the total value of those companies was USD 39.96 billion and picked up by 24.0%.
Main Exports and Imports
4. The April of 2015 to May of 2015 expansion in total merchandise exports was due to the upturns in foot-wears (up by USD 182 million); Computers, electrical products, spare-parts and components thereof (up by USD 154 million); telephones, mobile phones and parts thereof (up by USD 119 USD)…
5. The commodities of which the upwards resulted in significant expansion in total exports value in Jan-May period of 2015 in comparison with that of 2014 were as follows: computers, electrical products, spare-parts and components thereof (up by USD 2.3 billion); telephones, mobile phones and parts thereof (up by USD 2.0 billion); foot-wear (up by USD 815 million);...
6. The April of 2015 to May of 2015 increase in total merchandise imports was due to the strong upturns in machine, equipment, tools and instruments (up by USD 332 million); computers, electrical products and parts thereof (up by USD 262 million); plastics (up by USD 115 million)...
7. In the first 5 months of 2015, Vietnam Customs Statistics recorded a strong growth in value terms of some imported commodities, which led to the upturns in total as compared to performance of the corresponding period in 2014. They were as follows: machine, equipment, tools and instruments (up by USD 3.01 billion); computers, electrical products and parts thereof (up by USD 2.56 billion); telephones, mobile phones and parts thereof (up by USD 980 million)…
Trading Partners
8. From the beginning to May of 2015, Vietnamese merchandise trade with trading partners in Asia was totaled USD 86.32 billion in value terms, which moved up 11.7% as compared to the same period of 2014. Trade-in-goods of Vietnam with America was followed, which reached USD 21.48 billion and increased by 21.8%. The values of other continents were Europe: USD 17.72 billion, up by 6.2%; Oceania: USD 2.39 billion, down by 11.6% and Africa: USD 2.03 billion, up by 17.4% in comparison with the same period of last year.
9.Regarding the following Chart, the United States of America was the biggest destination of Vietnamese products with the total value of US dollars 12.8 billion in the first 5 months of 2014; China was the second biggest one; and then Japan, Republic of Korea, Hong Kong….
10. On import side, China was the biggest partner exporting goods to Vietnam with the value of US dollars 19.8 billion from the beginning to May of 2015, and then: Republic of Korea, Japan, Taiwan, United States of America Singapore, Thailand, …
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