Vietnam international merchandise trade performance in the first half of January, 2015
Friday, February 27,2015AsemconnectVietnam - The Vietnam Customs Statistics announced that in the first half (01-15/01/2015) of January-2015, Vietnam’s total exports of US dollars 5.79 billion and imports of US dollars 6.32 billion resulted in a trade deficit of US dollars 522 million.
Accordingly, the total value of export and import turnover of Vietnam in the first half of January was US dollars 12.11 billion, widen by 6.2% as compared to the same period of 2014.
In the view of Foreign Direct Invested (FDI) traders, the value of exportation and importation in the first half of January reached USD 3.92 billion (ỉncreased by 3.8% as compared to the same period of 2014) and USD 3.8 billion respectively (increased by 19.9%).
Export: When compared with the same period of 2014, export of first half of January decreased by 2% (equally USD 115 million), mostly as a result of the decline registered in following products: other means of transportation (down by USD 394 million); fishery products (down by USD 58 million); crude oil (down by USD 46 million); rice (down by USD 44 million); petroleum products (down by USD 35 million)…
Import: In the first half of January 2015, import increased by 15% (USD 823 million equally) when compared with first half of January 2014, mainly reflecting the widen of machine, equipment, tools and instruments (up by USD 310 million); computer electrical products spare parts and component thereof (up by USD 174 million); iron and steel products (up by USD 118 million); textile, leather and foot-wear materials (up by USD 87 million); telephone, mobile phone and part there of (up by USD 86 million); irons and steels (up by USD 55 million) …
In the second half of January, 2015
The total Vietnam’s exports of US dollars 7.63 billion and imports of nearly US dollars 7.58 billion resulted in a trade surplus of US dollars 53 million. Accordingly, the total value of export and import turnover of Vietnam in the second half of January was US dollars 15.21 billion, up by 25.6% as compared to the first half of January-2015. Furthermore, in the first months of 2015, Vietnam was in a trade deficit of USD 362 million.
Vietnam‘s trade-in-goods in January-2015 totaled US dollars 27.17 billion in value terms, slightly up by 1% as compared to the performance of last month. In which, the total merchandise exports valued US dollars 13.4 billion, up by 4.1% and the total merchandise imports valued to US dollars 13.77 billion slightly went down by 1.9%.
In the view of Foreign Direct Invested (FDI) traders, the total value of exportation and importation in the first month of 2015 reached USD 17.41 billion, up by 7.6% (USD 1.22 billion equally) in comparison to December 2014.
Export: As compared to the first half of January-2015, second half of the month strong increase in the total export value (31.7% - USD 1.84 billion equally) is reflected by upturn in telephone, mobile phone and part thereof (up by US dollars 328 million); textile and garment (up by USD 258 million); machine, equipment tools and instruments (up by USD 151 million); computer, electrical products, spare-parts and components thereof (up by 125 million); wood and wooden products (up by 97 million); fishery products (up by USD 96 million)…
Totally, in the first month of 2015, total export value from Vietnam was USD 13.4 billion, climbed up nearly 14% as compared to the same period of 2014 (equivalent to USD 1.56 billion in absolute value terms).
Import: The first half to second half of January increase in the total of import value (20%) reflected upturn in machine, equipment tools and instruments (up by USD 209 million); computer, electrical products, spare-parts and components thereof (up by USD 143 million); petroleum products (up by USD 80 million); animal fodders and animal fodder materials (up by USD 72 million); …A decrease occurred in importation of some commodities such as: parts and accessories of motor vehicle (down by USD 17 million); iron and steels (down by USD 12 million); iron and steel products (down by USD 25 million); electric consumer products and parts therof (down by USD 10 million)…
In January of 2015, total import value into Vietnam was USD 13.77 billion, went up by 39.2% as compared to the same period of 2014 (equivalent to USD 3.87 billion in absolute value terms).
Source: Vietnam Customs
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