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Preliminary assessment of Vietnam international merchandise trade performance in the second half of January, 2021

Vietnam Customs Statistics  23/02/2021 10:00 AM

The Vietnam Customs Statistics announced that in the second half (16-31/01/2021) of  January-2021 , Vietnam’s total exports of  US dollars 15.5 billion and imports  of  US dollars 13.2 billion resulted in a trade surplus of US dollars 2.37 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of January-2021 was US dollars 28.77 billion, up by 10.4% as compared to the first half of this month.

Vietnam‘s trade-in-goods in the first month of 2021 totaled US dollars 55 billion in value terms. It posted a increase of 48.2% (equivalent to USD 17.88 billion) from the same period of  previous year. In which, the total merchandise exports value was up by 55.1% to US dollars 28.55 billion and the total merchandise imports value was up 41.3%, to US dollars 26.46 billion.

In the view of FDI traders, the value of exportation in the second half of January reached nearly USD 11.68 billion, up by 18.5% and the value of importation reached 8.61 billion, down by 3.2% as compared to the first half of January-2021. Therefore, in January of 2021, the total value of FDI merchandise trade went up by 60.1% to US dollar 39.16 billion.

Export:

When compared with the first half of January-2021, export of second half of January increased by 20.6%, mostly as a result of the upturn registered in computer electrical product ( up by 28.5% - 485 million); telephones, mobile phones and part thereofs (up by 13.1% - USD 375 million); machine, tools and equipments (up by 23.8% - USD 345 million); iron and steels (up by 138.1% - USD 255 million); …

Chart 1: Top 10 main exported commodities in January 2021 over the same period of 2020





 

Sources: Vietnam Customs

 

 Import:

In the second half of January-2021, import increased by 0.4 % when compared with the first half of January-2021, mainly reflecting the upturn in computer electrical product ( up by 7.2% - 197 million); ores and mineral products (up by 86.2 % - USD 75 millions)…;   

Chart 2: Top 10 main imported commodities in January 2021 over the same period of 2020


 


            Sources: Vietnam Cu​stoms​
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