The Vietnam Customs Statistics announced that in the first half (01-15/4/2015) of April-2015 , Vietnam’s total exports of US dollars 6.34 billion and imports of US dollars 7.2 billion resulted in a trade deficit of nearly US dollars 865 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of April was US dollars 13.54 billion, went down by 11.7% as compared to the second half of March-2015.
Vietnam‘s trade-in-goods from January to the first half of April of 2015 totaled US dollars 88.4 billion in value terms. It posted a growth of 13.9% (equivalent to USD 10.82 billion) from the same period of previous year. In which, the total merchandise exports value was up 9% to nearly US dollars 42.65 billion and the total merchandise imports value was up 18.9%, to US dollars 45.76 billion.
In the view of FDI traders, the value of exportation and importation in the first half of April reached USD 4.3 billion and USD 4.33 billion respectively.
Export:
When compared with the second half of March-2015, export of first half of April decreased by 12.3%, mostly as a result of the decline registered in textiles and garments (down by USD 143 million); computer, electrical products, spare-parts and components thereof (down by USD 122 million); machine, electrical products, spare-parts and components thereof (down by USD 91 million); telephone, mobile phones and parts thereof (down by USD 80 million)
Table 1: Top 10 major exports of Vietnam
from January to April 15th 2015 as compared to the same period 2014
| No. |
Major products |
Value (Jan.1st – Apr. 15th)
(Mil. USD)
|
As compared to the same period of 2014 |
|
|
Value
+/-
(Mil. USD)
|
Change
+/-
(%)
|
|
| TOTAL |
42 653 |
3537 |
9,0 |
| In which: FDI traders |
28 876 |
4515 |
18,5 |
| 1 |
Telephone, mobile phone and part thereof |
7819 |
1148 |
17,2 |
| 2 |
Textile and garment |
5619 |
511 |
10,0 |
| 3 |
Computer, electrical products, spare-parts and component thereof |
4110 |
1586 |
62,8 |
| 4 |
Foot-wears |
3014 |
555 |
22,6 |
| 5 |
Machine, equipment, tools and instruments |
2138 |
331 |
18,3 |
| 6 |
Wood and wooden products |
1799 |
116 |
6,9 |
| 7 |
Fishery products |
1618 |
-274 |
-14,5 |
| 8 |
Other means of transportation |
1599 |
-273 |
-14,6 |
| 9 |
Crude oil |
1066 |
-736 |
-40,8 |
| 10 |
Still image, video cameras and sparts thereof |
901 |
511 |
131,2 |
Source: Vietnam Customs
Import:
In the first half of April 2015, import decreased by 11.1% when compared with second half of March, mainly reflecting the shrunk of machine, electrical products, spare-parts and components thereof (down by USD 251 million); computer, electrical products, spare-parts and components thereof (down by USD 139 million); soya bean (down by USD 60 million); telephone, mobile phone and part thereof; wood and wooden products (down by USD 46 million)…
Table 2: Top 10 major imports of Vietnam
from January to April 15th 2015 as compared to the same period 2014
| No. |
Major products |
Value (Jan. 1st – Apr. 15th) (Mil. USD) |
As compared to the same period of 2014 |
|
Value
+/-
(Mil. USD)
|
Change
+/-
(%)
|
| TOTAL |
45755 |
7282 |
18,9 |
| In which: FDI traders |
27884 |
5753 |
26 |
| 1 |
Machine, equipment, tools and instruments |
8144 |
2391 |
41,6 |
| 2 |
Computer, electrical products, spare-parts and component thereof |
6551 |
1648 |
33,6 |
| 3 |
Telephone, mobile phone and part thereof |
3049 |
622 |
25,6 |
| 4 |
Fabrics |
2554 |
206 |
8,8 |
| 5 |
Irons and Steels |
2028 |
239 |
13,4 |
| 6 |
Petroleum products |
1647 |
-765 |
-31,7 |
| 7 |
Plastics |
1580 |
-94 |
-5,6 |
| 8 |
Textile, leather and foot-wear materials |
1335 |
145 |
12,2 |
| 9 |
Iron and steel products |
1267 |
521 |
69,9 |
| 10 |
Plastic products |
1020 |
216 |
26,9 |
Source: Vietnam Customs