The Vietnam Customs Statistics announced that in the first half (01-15/8/2019) of August-2019 , Vietnam’s total exports of US dollars 11.95 billion and imports of US dollars 10.75 billion resulted in a trade surplus of nearly US dollars 1.19 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of August was US dollars 22.7 billion, down by 5.5% as compared to the second half of July -2019.
Vietnam‘s trade-in-goods from January to the first half of August of 2019 totaled US dollars 311.77 billion in value terms. It posted a growth of 8.3% (equivalent to USD 23.82 billion) from the same period of previous year
In the view of FDI traders, the value of exportation and importation in the first half of August reached USD 14.68 billion, down by 2.9% as compared to the second half of July 2019. Therefore, from January to August 15th of 2019, the total value of FDI merchandise trade went up 5.5% to US dollar 196.82 billion.
When compared with the second half of July-2019, export of the first half of August was down by 3.8%, mostly as a result of the climb-down registered in textile and garments (down by 13.2% - USD 230 million); machine tools and equipments (down by 16.5% - USD 142 million); foot wears (down by 13.1% - USD 114 million); fishery products (down by 17.3% - USD 76 million)…
Chart 1: Top 10 main exported commodities of Vietnam from Jan. to August 15th 2019 as compared to the same period of 2018.
In the first half of August 2019, import was down by 7.4% when compared with the second half of July, mainly reflecting the shrunk of fabrics (down by 18.5% - USD 108 million); telephones, mobile phones and part thereof (up by 7.9% - USD 63 million); machine, equipment, tools and instruments (up by 3.7% - USD 59 million); motor vehicles (down by 39.1% - USD 52 million).
Chart 2: Top 10 main imported commodities of Vietnam from Jan. to August 15th 2019 as compared to the same period of 2018.