Preliminary exports, imports of goods of Vietnam in the first half month 11/2016

Import-export turnover of Vietnam officials landmark $ 300 billion on December 15.11.2016. Thus, after almost 5 years of import and export turnover of the country has increased by US $ 100 billion ($ 200 billion mark is made in the second half of 12/2011).

According to preliminary statistics of the latest General Administration of Customs showed that total exports and imports of goods during the period 1 January Vietnam 11/2016 (from 01/11 to 11/15/2016) is over 15.82 billion down 2.7% (corresponding to 438 million reduction) vs. 2 months 10/2016.

Thus, by the end of the day 15.11.2016 total exports and imports of goods over the country reached 300.3 billion dollars, up 5.3% (corresponding to an increase of nearly 14.99 billion dollars) over the same period 2015. the balance of trade in goods in the period 1 January 11/2016 deficit of $ 570 million, bringing the merchandise trade balance of the country since the beginning of the year to end on 15 May 11/2016 longer than 2 surplus, 66 billion.

In the first 15 days of May 11/2016 sector foreign investment (FDI) import-export turnover reached nearly 10.39 billion, down 3.8%, respectively, decreased $ 408 million compared with the second half of October / 2016. 15/11/2016 The end of this block export turnover reached nearly 194.52 billion dollars, up 6.9%, corresponding to more than 12.61 billion dollars compared to the same period of 2015. The trade balance goods of the business sector in the first half FDI surplus month 11/2016 659 million, bringing the surplus of this sector since the beginning of the year to the end of more than 18.24 billion 11.15.2016.

Exporter:

Export turnover of Vietnam in the period 1 January 11/2016 nearly US $ 7.63 billion, down 6.4% (corresponding to 522 million reduction) compared to 15 days last month 10/2016. By the end of the day 15/11/2016 exports of the country reached more than 151.48 billion, up 7.5% (corresponding to an increase of nearly 10.58 billion dollars) over the same period in 2015.

Compared with the second half of the month 10/2016, exports in the period 1 January 11/2016 rise / fall in some commodity groups follows: telephone and components increased by 2%, corresponding to an increase of 30 million; coal increased 1.2 times increase of $ 5 million, respectively; vegetable products increased by 8.5%, corresponding to an increase of 7 million; Rice 5.6%, respectively, up $ 4 million; clinker and cement rose by 18.7%, corresponding to an increase of 4 million; In reverse, machinery, equipment, tools, spare parts decreased by 7.6%, equivalent to reducing 42 million; seafood fell 13.7%, down $ 53 million; textiles fell 8.8%, down $ 86 million; …

Chart 1: Export turnover 10 largest commodity group of Vietnam

(Until 11.15.2016 compared to same period in 2015)

The value of exports of goods enterprises foreign direct investment (FDI) in this period was more than 5.52 billion, down 5.5% (equivalent to $ 322 million decrease) compared to 15 days late May 10/2016. Thus, by the end of the day 11/15/2016 export turnover of more FDI reached USD 95.06 billion, up 10%, respectively, an increase of nearly 8.62 billion dollars compared to the same period of 2015 and accounted for 70 , 2% of total merchandise exports of the country.

On the import:

The value of imports of Vietnam in the period 1 January 11/2016 reached nearly $ 8.2 billion, up 1% (respectively + 83 million) compared to 15 days last month 10/2016. By the end of the day 15/11/2016 merchandise imports of the country reached more than 148.82 billion, an increase of 3.1% (corresponding to more than 4.43 billion US dollars) over the same period in 2015.

Compared with the second half of the month 10/2016, imports in the first half of the month 11/2016 increase / decrease in a number of the following commodity groups: machinery, equipment, tools, spare parts increased 10.9%, respectively, up by 136 million USD; plastic materials increased by 13.6%, corresponding to an increase of 40 million; Other base metals rose 16.2%, corresponding to an increase of 29 million. In reverse, the group fell 72.3% soybeans, down $ 28 million; decreased 37.1% cashews, down $ 28 million; vehicles and parts fell 53.6%, down 38 million; computers, electronic products and components fell 7.1%, down 99 million.

Chart 2: The import turnover of 10 commodity groups, the largest of Vietnam

(Until 11.15.2016 compared to same period in 2015)

Imported goods worth of FDI in the period 1 May 11/2016 reached over 4.86 billion US dollars, down 1.7% (corresponding decrease of $ 86 million) compared to 15 days last month 10/2016. Thus, by the end of the day 15.11.2016 imports of FDI enterprises reached nearly 88.14 billion dollars, up 2.9% compared to the same period of 2015, corresponding to more than 2.49 billion USD accounted for 59.2% of total imports of the country.

According www.customs.gov.vn