The latest preliminary statistics of the General Administration of Customs showed that total exports and imports of Vietnamese goods during the first period of July/2016 (from 01/7 to 15/07/2016) was over 14.51 billion decreased 4% (corresponding to the reduction of 605 million) compared to the second period of June/2016.
Thus, by the end of 15/07/2016 the total exports and imports of goods turnover of the whole country reached more than 177 billion dollars, an increase of 2.8% (corresponding to more than 4.85 billion US dollars) over the same period in 2015. The balance of trading in the first period of 7/2016 decrease 87 million USD, putting the trading balance of the whole country since the beginning of 7/2016 to 15/7/2016 was a surplus of nearly 1.61 billion USD.
In the first 15 days of 7/2016 enterprises with foreign investment (FDI) reached an export turnover of more than 9.22 billion USD, down 2.7%, which equal to a decrease of 259 million USD compared to the second half of 6/2016. At the end of 15/07/2016 this block export turnover reached nearly 113.64 billion dollars, up to 4.3%, corresponding to more than 4.64 billion dollars over the same period in 2015. The trade balance goods of the business sector with FDI in the first half of 7/2016 reached 630 million USD, bringing the surplus of this sector from the beginning of the year to the end of 15/07/2016 more than 10.87 billion USD.
On the Export:
Export turnover of Vietnam in the first period of 7/2016 reached more than 7.21 billion USD, down 6.2% (corresponding to a decrease more than 477 million USD), compared with 15 days last month 6/2016. By the end of the day 15/07/2016 exports of the country reached more than 89.3 billion USD, up to 6.5% (corresponding to nearly 5.44 billion dollars) over the same period in 2015.
Compared with the second half of 6/2016, exports in the first period 7/2016 vary strongly in some commodity groups as: cement and clanke 36.5% increase respectively 6 million USD; fruits and vegetables increased by 28.7%, corresponding to an increase of 26 million USD; rubber up 18.3%, corresponding to an increase of 12 million USD; On the other side, coal fell 98.9% respectively down 3 million USD; iron and steel decreased by 48.3%, equivalent to 59 million USD; precious stones, non-ferrous metals and products decrease 36.9%, down 35 million USD; chemicals fell 31%, down 16 million USD; ...
Table 1: The export turnover of the 10 largest commodity groups of Vietnam from the first period of 7/2016 to 15/07/2016
The value goods exports of enterprises with foreign direct investment (FDI) in this period reached nearly 4.93 billion USD, down 7.1% (corresponding to the decrease of 375 million USD) compared to 15 days of late 6/2016. Thus, by the end of the day 15/07/2016 exports turnover of FDI enterprises reached more than 62.25 billion USD, up 9.8%, respectively an increase of nearly 5.56 billion USD over the same period of 2015 and accounted for to 69.7% of total exports turnover of the whole country.
On the import:
The value goods imports of Vietnam in the first period of 7/2016 reached more than 7.3 billion USD, down 1.7% (equivalent to a decrease of 127 million), compared to 15 days of late 6/2016. By the end of the day 15/07/2016 goods imports turnover of the whole country reached nearly 87.7 billion dollars, down 0.7% (corresponding to a decrease of 584 million USD) over the same period in 2015.
Compared with the second half of the 6/2016, imports during the first period of 7/2016 vary strongly in some commodity groups as: raw tobacco materials 1.7%, respectively an increase of 5 million USD; cameras, camcorders and accessories increased by 45%, equivalent to 16 million USD; animal food and raw materials raised by 41.9%, respectively to an increase 53 million; motorcycles and components and spare parts went up by 29.9%, corresponding to an increase of 5 million USD; ... In contrast, a decrease of 73% soybean products corresponding reduction of 74 million USD; Other vehicles and parts decreased 61.6%, down 36 million USD; liquefied natural gas fell 59.7%, down 14 million USD; ores and other minerals fell 45.3%, down 16 million USD; ....
Table 2: Import turnover of the 10 largest commodity groups of Vietnamin the first period from 6/2016 accumulated to 15.06.2016
An imported goods of enterprises with FDI in the first period of 7/2016 worth nearly 4.3 billion USD, up 2.8% (respectively up 115 million USD) compared to 15 days of last 6/2016. Thus, by the end of the day 15/07/2016 imports turnover with FDI enterprises reached nearly 51.39 billion USD, down 1.8% over the same period in 2015, down 916 million USD, accounting for 58.6% of the total gooods imports of the whole country.
Source: Vietnam Customs
