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

Vietnam Customs Statistics  17/05/2021 9:00 AM

The Vietnam Customs Statistics announced that in the second half of April, 2021 the total Vietnam’s exports of US dollars 13.83 billion and imports of nearly US dollars 13.76 billion resulted in a trade surplus of US dollars 74 million. Accordingly, the total value of export and import turnover of Vietnam in the second half of April was over US dollars 27.59 billion, up by 3.7% as compared to the first half of April-2021.  Furthermore, in the first 4 months of 2021, Vietnam was in trade surplus of USD 1.63 billion.

Vietnam‘s trade-in-goods in the first 4 months of 2020 totaled US dollars 208.25 billion in value terms, climbed up by 30.7% as compared to the performance of the same period of last year.

In the view of Foreign Direct Invested (FDI) traders, the total value of exportation and importation in the first 4 months of 2021 reached USD 145.97 billion, up by 34.8% in comparison to the same period of 2020.

Export:

As compared to the first half of April-2021, second half of the month increase in the total export value (9.4% - USD 1.18 billion equally) is reflected by upturn in computer, electrical products (up by 11.9% - USD 219 million equally); irons and steels (up by 58.1% - USD 173 million equally); telephones, mobile phones (up by 9.5% - USD 173 million); machine, tools and equipments (up by 9.6% - USD 139 million equally)…

Totally, in the first 4 months of 2021 total export value from Vietnam was USD 104.94 billion, climbed up 29.6% as compared to the same period of 2020 (equivalent to USD 23.94 billion in absolute value terms).

Chart 1: Top 10 main exported commodities of  second half of April 2021 as compared to the first half of April.


 


Source: Vietnam Customs

 

Import:

The first half to second half of April shrunk in the total of import value (1.5%) reflected downturn in machine, equipment tools and instruments (down by 6.6% - USD 133 million equally); irons and steel (down by 16.7% - USD 99 million)…

From January to second half of April-2021, total import value into Vietnam was USD 103.31 billion, went up by 31.8%  as compared to the same period of 2020 (equivalent to USD 24.92 billion in absolute value terms).

Chart 2: Top 10 main imported commodities of second half of April 2021 as compared to the first half of April.




 

Source: Vietnam Customs

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