Vietnam trade performance March 2015

Vietnam trade performance Mar 2015
First quarter

Preliminary assessment of Vietnam international merchandise trade performance in March and the first quarter of 2015

Vietnam Customs Statistics  25/04/2015 9:00 AM

Highlights

1. According to trade statistics of Vietnam Customs, in the third month of 2015, a 40.5% increase in total external merchandise turnover of Vietnam as compared to the result of a month earlier was recorded. In which exports expanded    40.3%, to USD 13.34 billion and imports went up 40.6%, to USD 14.74 billion. As a result, there was a USD 1.4 billion deficit in Vietnam’s trade balance in this month.

 

2. From the beginning to March of 2015, Vietnam’s trade-in-goods reached US dollars 75 billion in value terms, 14.3% higher than the corresponding period of 2014. As compared to result of the first quarter of last year, total merchandise exports value rose 8.8%  to US dollars 36.30 billion and the total merchandise imports value rose 20.1% to US dollars 38.70 billion. Accordingly, Vietnam’s trade balance in the first 3 months of 2015 was in the deficit of US dollars 2.40 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 48.19 billion in total in the first quarter of 2015, up by 22.6 % as compared to the result of January-March period of 2014. Total value of FDI exportation was USD 24.53 billion, expanded by 18.7%. On import side, the total value of those companies was USD 23.66 billion, picked up by 27.1%.

 

 

Main Exports and Imports 

                       

4. The February of 2015 to March of 2015 expansion in total merchandise exports was due to the upturns in telephones, mobile phones and parts thereof (up by USD 782 million); computers, electrical products and parts thereof (up by USD 405 million); textiles and garments (up by USD 286 USD); machine, equipment, tools and instruments (up by USD 236 million); rice (up by USD 199 million)...

 

                   

5. The performance growth in total exports value in the first quarter of 2015  as compared to that of 2014 was contributed by the upwards of the following goods: computers, electrical products and parts thereof (up by USD 1.38 billion); telephones, mobile phones and parts thereof (up by USD 1.21 million)..

 

6. The February of 2015 to March of 2015 expansion in total merchandise imports was due to the upturns in machine, equipment, tools and instruments (up by USD 507 million); textiles and garments (up by USD 472 USD); computers, electrical products and parts thereof (up by USD 391million); telephones, mobile phones and parts thereof (down by USD 272 million); plastics (up by USD 236 million)..

 

 

7. The performance growth in total imports value in the first quarter of 2015 as compared to that of 2014 was contributed by the upwards of the following goods: machines, equipment, tools and instruments     (up by USD 2.27 billion); computers, electrical products, spare-parts and components thereof (up by USD 1.42 billion…

 

    Trading Partners

 

8. From the beginning to March of 2015, Vietnamese merchandise trade with trading partners in Asia was totaled USD 50.19 billion in value terms, which moved up 13.9% as compared to the same period of 2014. Trade-in-goods of Vietnam with America was followed, which reached USD 12.09 billion and increased by 21.1%. The values of other continents were Europe: USD 10.26 billion, up by 10.8%; Oceania: USD 1.38 billion, down by 0.7% and Africa: USD 1.09 billion, up by 19.7% in comparison with the same period of last year.

 

9. In the first 3 months of 2015, exporting markets of Vietnam with turnover of over USD 1 billion were: The United States of America (reached USD 7.15 billion); China (reached USD 3.54 billion); Japan (reached USD 3.27 billion); Republic of Korea (reached USD 1.17 billion); Hong Kong (reached USD 1.47 billion); UAE (reached USD 1.25 billion).

 

                                                                                   

10. On import side, there were eight partners exporting goods to Vietnam with turnover of over 1billion. They were as follows: China (reached USD 11.5 billion); Republic of Korea (reached USD 6.6 billion); Japan (reached USD 3.6 billion); Taiwan (reached USD 2.7 billion); United States of America (reached USD 1.8 billion); Singapore (reached USD 1.8 billion) and Thailand (reached USD 1.7 billion); Malaysia (reached USD 1.0 billion).

 

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Vietnam trade performance Apr 2015

Vietnam trade performance 2015

Preliminary assessment of Vietnam international merchandise trade performance in April and the first 4 months of 2015

Vietnam Customs Statistics  21/05/2015 5:00 PM

Highlights

 

1. In April of 2015, trade statistics of Vietnam Customs recorded a 5.5% decrease in total external merchandise turnover of Vietnam as compared to the result of a month earlier. In which exports went up 0.02%, to USD 13.35 billion and imports went down 10.4%, to USD 13.20 billion. As a result, there was a USD 148 million surplus in Vietnam’s trade balance in this month.

2. From the beginning to April of 2015, Vietnam‘s trade-in-goods reached US dollars 101.5 billion in value terms, 11.6% higher than the corresponding period of 2014. As compared to result of the first 4 months of a year earlier, total merchandise exports value rose 6.9%  to US dollars 49.70 billion and the total merchandise imports value rose 16.6% to US dollars 51.77 billion. Accordingly, Vietnam’s trade balance in the first 4 months of 2015 was in the deficit of US dollars 2.07 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 64.91 billion in total for January – April period of 2015, up by 19.4 % as compared to the result of corresponding period of 2014. Total value of FDI exportation was USD 33.63 billion and expanded by 16.3%. On import side, the total value of those companies was USD 31.28 billion and picked up by 23.1%.

 

 

Main Exports and Imports   

                     

4. The March of 2015 to April of 2015 expansion in total merchandise exports was due to the upturns in foot-wears (up by USD 184 million); crude oil (up by USD 91 million); telephones, mobile phones and parts thereof (up by USD 85 USD).

 

                   

5. In the first 4 months of 2015, there were 10 exported commodities with turnover of over 1billion of which export value totaled USD 34.55 billion and accounted for 69.5% of total export value of external merchandise trade of Vietnam. They were as follows: telephones, mobile phones and parts thereof (reached USD 9.26 billion); textiles and garments (reached USD 6.46 billion); computers, electrical products and parts thereof (reached USD 4.72 billion); foot-wears (reached USD 3.53 billion); machine, equipment, tools and instruments (reached USD 2.47 billion); wood and wooden products (reached USD 2.08 billion); fishery products (reached USD 1.89 billion)...

6. The March of 2015 to April of 2015 decrease in total merchandise imports was due to the strong downturns in machine, equipment, tools and instruments (down by USD 441 million); computers, electrical products and parts thereof (down by USD 242 million); plastics (up by USD 131 million); telephones, mobile phones and parts thereof (down by USD 112 million)...

 

7. In the first 4 months of 2015, there were 12 imported commodities with turnover of over 1 billion of which import value totaled USD 36.33 billion and accounted for 70.1% of total import value of Vietnam’s trade-in-good. They were as follows: machine, equipment, tools and instruments (reached USD 9.09 billion); computers, electrical products and parts thereof (reached USD 7.36 billion); textile, leather and foot-wears materials and auxiliaries group  (reached USD 5.54 billion); telephones, mobile phones and parts thereof (reached USD 3.45 billion); iron and steels (reached USD 2.31 billion); petroleum products (reached USD 2.00 billion); plastics (reached USD 1.76 billion)…

 

    Trading Partners

 

8. From the beginning to April of 2015, Vietnamese merchandise trade with trading partners in Asia was totaled USD 67.60 billion in value terms, which moved up 11.3% as compared to the same period of 2014. Trade-in-goods of Vietnam with America was followed, which reached USD 16.60 billion and increased by 19.4%. The values of other continents were Europe: USD 13.82 billion, up by 6.9% ; Oceania: USD 1.90 billion, down by 5.1% and Africa: USD 1.52 billion, up by 15.0% in comparison with the same period of last year.

 

9. In the first 4 months of 2015, there were 9 exporting markets of Vietnam with turnover of over USD 1 billion. They were as follows: The United States of America (reached USD 9.9 billion); China (reached USD 4.8 billion); Japan (reached USD 4.5 billion); Republic of Korea (reached USD 2.5 billion); Hong Kong (reached USD 2.0 billion); UAE (reached USD 1.7 billion); Netherlands (reached USD 1.3 billion); United Kingdom (reached USD 1.3 billion); Malaysia (reached USD 1.1 billion).

 

                                                                                   

10. On import side, there were 8 partners exporting goods to Vietnam with turnover of over 1billion. They were as follows: China (reached USD 15.3 billion); Republic of Korea (reached USD 8.8 billion); Japan (reached USD 4.8 billion); Taiwan (reached USD 3.6 billion); Singapore (reached USD 2.5 billion); United States of America (reached USD 2.4 billion); Thailand (reached USD 2.3 billion) and Malaysia (reached USD 1.3 billion).

 

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Vietnam trade performance May 2015

Vietnam trade performance May 2015

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

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Vietnam trade performance Jun 2015

Vietnam trade performance June 2015

Preliminary assessment of Vietnam international merchandise trade performance in June and the first half of 2015

Vietnam Customs Statistics  22/07/2015 4:00 PM

Highlights

 

1. In June of 2015, trade statistics of Vietnam Customs recorded a 0.5% upwards in total external merchandise turnover of Vietnam as compared to the result of a month earlier. In which exports went up 4.6%, to USD 14.33 billion and imports dropped 3.2%, to USD 14.47 billion. As a result, there was a USD 140 million deficit in Vietnam’s trade balance in this month.

2. From the beginning to June of 2015, Vietnam’s trade-in-goods reached US dollars 158.60 billion in value terms, 13.0% higher than the corresponding period of 2014. As compared to result of the first half of a 2014, total merchandise exports value rose 9.3%  to US dollars 77.77 billion and the total merchandise imports value rose 16.7% to US dollars 80.84 billion. Accordingly, Vietnam’s trade balance in the first half of 2015 was in the deficit of US dollars 3.07 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 100.71 billion in total for January – June period of 2015, up by 22.0 % as compared to the result of corresponding period of 2014. Total value of FDI exportation was USD 52.54 billion and expanded by 20.4%. On import side, the total value of those companies was USD 48.17 billion and picked up by 23.8%.

 

Main Exports and Imports

                      

4. The May of 2015 to June of 2015 expansion in total merchandise exports was due to the upturns in textiles and garments (up by USD 415 million); fruits and vegetables (up by USD 79 million)…

 

                   

5. The commodities of which the upwards resulted in significant expansion in total exports value in Jan-June period of  2015 in comparison with  that of 2014 were as follows: telephones, mobile phones and parts thereof (up by over USD 3.0 billion); computers, electrical products, spare-parts and components thereof (up by USD 2.8 billion); foot-wear (up by over USD 1 billion);...

6. The May of 2015 to June of 2015 decrease in total merchandise imports was due to the downturns in computers, electrical products and parts thereof (down by USD 240 million); corn (down by USD 69 million)...

 

7. In the first half  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 3.73 billion); computers, electrical products and parts thereof (up by USD 2.90 billion); telephones, mobile phones and parts thereof (up by USD 1.27 billion)…

 

Trading Partners

 

8. From the beginning to June of 2015, Vietnamese merchandise trade with trading partners in Asia was totaled USD 105.00 billion in value terms, which moved up 12.8% as compared to the same period of 2014. Trade-in-goods of Vietnam with America was followed, which reached USD 26.22 billion and increased by 21.1%. The values of other continents were Europe: USD 21.86 billion, up by 7.9%; Oceania: USD 2.95 billion, down by 9.4% and Africa: USD 2.14 billion, up by 21.8% 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 15.8 billion in the first half 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 24.8 billion from the beginning to June of 2015, and then: Republic of Korea, Japan, Taiwan, Thailand, United States of America, Singapore, Malaysia, …

 

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Vietnam trade performance July 20015 - first half

Preliminary assessment of Vietnam international merchandise trade performance in the first half of July, 2015

Vietnam Customs Statistics  28/07/2015 9:00 AM

The Vietnam Customs Statistics announced that in the first half (01-15/7/2015) of  July-2015, Vietnam’s total exports of  US dollars 6.22 billion and imports  of  US dollars 7.16 billion resulted in a trade deficit of nearly US dollars 936 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of July was US dollars 13.38  billion, went down by 7.2% as compared to the second half of June-2015.

Vietnam‘s trade-in-goods from January to the first half of July of 2015 totaled US dollars 171.67 billion in value terms. It posted a growth of 12.7% (equivalent to USD 19.3 billion) from the same period of  previous year. In which, the total merchandise exports value was up 8.9% to nearly US dollars 83.85 billion and the total merchandise imports value was up 16.5%, to US dollars 87.81 billion.

In the view of FDI traders, the value of exportation and importation in the first half of July reached USD 4.06 billion and USD 4.14 billion respectively.

Export:
When compared with the second half of June-2015, export of  first half of July decreased by 16.1%, mostly as a result of the decline registered in telephone, mobile phones and parts thereof (down by USD 400 million); computer, electrical products spare parts and component thereof (down by USD 149 million); fruits and vegetables (down by USD 93 million); foot-wear (down by USD 73 million); irons and steels (down by USD 59 million)… 

 

Import:
In the first half of July 2015, import increased by 2.3% when compared with second half of June, mainly reflecting the widen of  crude oil (up by USD 48 million); petroleum products (up by USD 45 million); other base metal (up by USD 42 million); animal fodders and animal fodder materials (up by USD 31 million)…

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