Vietnam trade performance July 20015 - first half

Preliminary assessment of Vietnam international merchandise trade performance in the first half of July, 2015

Vietnam Customs Statistics  28/07/2015 9:00 AM
The Vietnam Customs Statistics announced that in the first half (01-15/7/2015) of  July-2015, Vietnam’s total exports of  US dollars 6.22 billion and imports  of  US dollars 7.16 billion resulted in a trade deficit of nearly US dollars 936 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of July was US dollars 13.38  billion, went down by 7.2% as compared to the second half of June-2015.

Vietnam‘s trade-in-goods from January to the first half of July of 2015 totaled US dollars 171.67 billion in value terms. It posted a growth of 12.7% (equivalent to USD 19.3 billion) from the same period of  previous year. In which, the total merchandise exports value was up 8.9% to nearly US dollars 83.85 billion and the total merchandise imports value was up 16.5%, to US dollars 87.81 billion.
In the view of FDI traders, the value of exportation and importation in the first half of July reached USD 4.06 billion and USD 4.14 billion respectively.

Export:
When compared with the second half of June-2015, export of  first half of July decreased by 16.1%, mostly as a result of the decline registered in telephone, mobile phones and parts thereof (down by USD 400 million); computer, electrical products spare parts and component thereof (down by USD 149 million); fruits and vegetables (down by USD 93 million); foot-wear (down by USD 73 million); irons and steels (down by USD 59 million)… 

 
Import:
In the first half of July 2015, import increased by 2.3% when compared with second half of June, mainly reflecting the widen of  crude oil (up by USD 48 million); petroleum products (up by USD 45 million); other base metal (up by USD 42 million); animal fodders and animal fodder materials (up by USD 31 million)…

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