Export and import status of Vietnam in April and 4 months of 2019

For the purpose of widely disseminating the latest and most up-to-date statistics of export and import goods, the General Department of Vietnam Customs will announce statistics on export and import goods monthly based on the schedule.

1. General Evaluation

According to preliminary statistics of the General Department of Customs in April 2019, the total value of goods imports and export in the whole country in 4/2019 reached nearly 41.43 billion USD, down 5.7% compared to the previous month. In April 2019, the export and import value decreased compared to the previous month due to Hung King festival (10 March) and Independent day and international labor day (30 April to 1 May). Exports reached 20.44 billion USD, decreased 10.3% over the previous month (corresponding to a decrease of 2.34 billion USD); imports reached 20.99 billion USD, a slight decrease of 0.8 % (equivalent to 0.16 billion USD).

Up To April 2019, The total import-export turnover of the whole country reached 157.72 billion USD, up by 8.7% (equivalent to an increase of 12.56 billion USD) over the same period last year. In which, the value of export goods reached 79.24 billion USD, up 6.5% and imports reached 78.48 billion USD, up 10.9%.

The deficit of trade balance of goods in April 2019 is 0.55 billion USD, however in the first 4 months of 2019, the trade balance of the whole country was still surplus of 0.75 billion USD.

The General Department of Customs recorded the total import-export value of enterprises with foreign direct investment (FDI) in April 2019 reached 25.45 billion USD, down 10.1% compared to the previous month, bringing the value Import and export prices of FDI enterprises in 4 months of 2019 reached nearly 100 billion USD, up 5.6%, corresponding to an increase of 5.32 billion USD compared to the same period in 2018.

In which, the export of goods of FDI enterprises in this month reached 13.87 billion USD, down by 14.1% compared to the previous month, bringing the export value of this sector in 4 months / 2019 to 54.92 billion. USD, up 4.3% over the same period last year. On the other hand, the import value of FDI enterprises in April 2019 reached US $ 11.59 billion, down 4.8% from the previous month, bringing the import value of this sector to 4 months / 2019. 45.07 billion USD, up 7.2% over the same period in 2018.

The calculation by the General Department of Customs showed that the balance of trade in goods of FDI enterprises in April 2019 had a surplus of USD 2.28 billion, bringing the trade balance in 4 months from the beginning of 2019 to surplus of 9.85 billion US.

2.Export of goods

Export of goods in April 2019 reached 20.44 billion USD, down 10.3% in relative terms and decreased by 2.34 billion USD in absolute number compared to the previous month. In comparison with March 2019, commodities decreased sharply in the month: phones and components decreased by USD 1.5 billion, equivalent to 27.9%; computers and electronic products and components decreased by 250 million USD, corresponding to a decrease of 8.8% of textile and garment products, a decrease of 191 million USD, respectively, a decrease of 7.5%; machinery, equipment, tools and spare parts reduced by 150 million USD, corresponding to a decrease of 9.8% …

Total export value in 4 months of 2019 increased by 6.5%, equivalent to an increase of USD 4.82 billion over the same period last year. In particular, computers, electronic products and components increased by 1.03 billion USD, corresponding to an increase of 12%; textiles and garments increased by 874 million USD, corresponding to an increase of 10.2%; footwear of all kinds increased by USD 682 million, corresponding to an increase of 14.5%; wood and wood products increased by 471 million USD, corresponding to an increase of 17.8% …

Some main export products

Telephone types and components: export of this item in April reached US $ 3.88 billion, down 27.9% from the previous month. By the end of April 2019, exports of all kinds of mobile phones and components reached 16.01 billion USD, down slightly by 0.4% compared to the same period in 2018.

In which, export of this group to EU (28 countries) reached 4.38 billion USD, down 3.9%; exports to the US market increased 94.4%, reaching 3.32 billion USD; to the Korean market reached 1.67 billion USD, up 8.1% … compared to the same period last year.

Textiles and garments: Textile and garment exports in April reached US $ 2.34 billion, down 7.5% from the previous month. Thereby, bringing the export value of this commodity group in 4 months / 2019 to 9.46 billion USD, up by 10.2% YoY.

In 4 months, the United States continues to be the largest textile import market from Vietnam with a value of US $ 4.42 billion, up 9.1% over the same period last year, and accounting for 46.7% of the total. textile and garment export turnover of the whole country; followed by the Japanese market that consumed 1.16 billion USD, up 4.7%; EU market (28 countries) consumed 1.16 billion USD, up 5.5% …

Computer electronics products & components: export value of computers, electronic products & components in April reached 2.57 billion USD, down 8.8% compared to the previous month, bringing the value Export of this group in 4 months / 2019 reached 9.63 billion USD, up by 12% YoY.

In the first 4 months of 2019, exports of computers, electronic products and components to China reached 2.43 billion USD, an increase of 3.7% over the same period last year; to EU market (28 countries) reached 1.65 billion USD, up 1.8%; to US market reached 1.29 billion USD, a strong increase of 64.1%; to Korea reached 942 million USD, up 6.6% …

Agricultural products (including vegetables, cashew nuts, pepper, tea, coffee, rice, cassava and cassava and rubber products)

Export of this group in the month reached 1.58 billion USD, up by 1% over the previous month, bringing the export value of this commodity group in 4 months from the end of the year to 5.56 billion USD, down by 8.9% YoY. with the same period last year.

China is still the largest market to import Vietnam’s agricultural products in the first 4 months of 2019 with 1.98 billion USD, down by 8.7% YoY; followed by the EU market (28 countries) of US $ 866 million, down 9.7%; to the US with 522 million USD, down 19.8% …

Machinery, equipment, tools and other spare parts: export of this commodity group in April 2019 reached 1.34 billion USD, down 9.8% from the previous month. By the end of April, the export value of this commodity group reached 5.31 billion USD, up 6.8% compared to the same period last year.

 

The markets importing machinery, equipment, tools and spare parts in the first 4 months from 2019 include: US with 1.3 billion USD, up by 54.7%; EU (28 countries) worth USD 814 million, up 18.7%; Japan with 599 million USD increased by 4.9%; South Korea with 463 million USD, up 17.9% compared to the same period in 2018 …

Footwear of all kinds: export of footwear of all kinds in April 2019 reached 1.46 billion USD, up 11.2% compared to the previous month, bringing the export value of footwear of the country in 4 months / 2019 to reach 5 , 39 billion USD, up 14.5% over the same period in 2018.

The EU and the United States are the two main markets for Vietnam’s footwear imports in the first 4 months of 2019 with turnover and growth of 1.47 billion USD (up 10.1%) and 2 billion respectively. USD (up 13.5%). Overall, the value of footwear exports to the two main markets reached 3.47 billion USD, accounting for 64.5% of the total export turnover of this group of goods of the whole country.

Wood and wood products: export of this group in the month reached 858 million USD, down 2.8% from the previous month. By the end of April, the export value of this commodity group reached 3.12 billion USD, up 17.8% over the same period last year.

Timber and wood products in the first 4 months of 2019 were exported mainly to US markets with a value of US $ 1.42 billion, up 34.7% over the same period last year; to Japan with 414 million USD, up 18.2%; to China with 365 million USD, a slight decrease of 0.1%; …

Means of transport and spare parts: export of this commodity group in the month reached USD 666 million, down 17.9% compared to the previous month, bringing the export value of this commodity group in 4 months / 2019 to reach USD 2.82 billion, an increase of 4.5% over the same period in 2018.

Markets importing transport vehicles and spare parts from Vietnam in the first 4 months include: Japan with a value of USD 842 million, up 11.5%; reaching US $ 487 million, up 24.2%; to Singapore worth 214 million USD, up 38.7% …

Seafood products: export value of the month was 634 million USD, down 7.3% from the previous month, bringing the export value of this commodity in the first 4 months of this year to 2.42 billion USD, down by 0.9 % compared to the same period in 2018.

Seafood products in 4 months from the beginning of 2019 were mainly exported to the market: Japan: 411 million USD, up 9.7%; United States: US $ 386 million, up 1.9%; EU (28 countries) with 393 million USD, down 9.6%; China: US $ 268 million, down 8.6% … compared to a year earlier.

Iron and steel of all kinds: the export of iron and steel in April reached 569 thousand tons, worth USD 374 million, up 2.6% in volume and 2.1% in value. Thereby, the export of this commodity in 4 months from the beginning of 2019 reached 2.33 million tons, worth 1.5 billion USD, up by 22.8% in volume and 7.3% in value compared to the same. period of 2018.

By the end of April 2019, iron and steel of all kinds mainly exported to Cambodia markets were 583 thousand tons, up 57.4%; Indonesia: 282 thousand tons, up 7.5%; Malaysia: 244 thousand tons, up 3%; United States: 188 thousand tons, down 35% … compared to the same period last year.

Cameras, camcorders and components: the export value of the month was 393 million USD, up 3.7% from the previous month, bringing the export value of this commodity in the first 4 months of this year to 1.46 billion. USD, up 13.7% compared to the same period last year.

In 4 months from the beginning of the year, cameras, camcorders and components were mainly exported to the market: China with 711 million USD, up 20%; Hong Kong: 227 million USD; down 34%; India with 167 million USD, up 168.5% … compared to a year earlier

3.Imported goods

Imports of goods in April 2019 were US $ 20.99 billion, a slight decrease of 0.8% in relative numbers, equivalent to a reduction of US $ 159 million in absolute numbers compared to the previous month. In particular, a sharp decrease in commodity groups such as computers, electronic products & components decreased by 429 million USD, plastic materials & products decreased by 108 million USD, cashew nuts dropped by 78 million USD, and complete automobiles reduced by 65 million USD, chemicals decreased by 47 million USD … Besides, some imported goods in the month had a high increase such as crude oil increased by 231 million USD, fabrics of all kinds increased by 125 million USD, vegetables and fruits rose by 93 million USD, scrap iron and steel increased by 79 million USD, phones of all kinds & components increased 62 million USD …

Up to April 2019, whole  import value of goods reached 78.48 billion USD. In which, there were 18 main commodity groups reaching over 1 billion USD, accounting for 76% of the total import value of the whole country. With this result, the import value of goods in 4 months / 2019 is higher than the same period of 2018 to 7.74 billion USD, corresponding to an increase of 10.9% compared to 4 months of 2018. The main items of increase are computers, electronic products and components with an increase of 2.44 billion USD, corresponding to an increase of 18.3%; machinery, equipment, tools and spare parts increased by 1.7 billion USD, corresponding to an increase of 17.3%; crude oil increased by 1.23 billion USD, corresponding to an increase of more than 8 times; CBU cars increased by 949 million USD, equivalent to 6.4 times … compared to the same period in 2018. Besides, there were some product groups with reduced values ​​such as: gasoline of all types decreased by 980 million USD, similar products. application decreased by 34.2%; phones and accessories decreased 491 million USD, equivalent to 11.4% …

Some main import goods groups

Computers, electronic products and components: turnover in April was US $ 3.99 billion, down 9.7% from March, bringing this group’s import turnover in 4 months / 2019 to 15.78 billion USD, up 18.3% over the same period last year.

The markets supplying this product for Vietnam in 4 months / 2019 mainly include: the Korean market with a turnover of US $ 5.79 billion, down 1.4% compared to the same period last year, ranking the second in the market. Chinese school with 3.94 billion USD, up strongly by 80.1%; followed by Taiwan with 1.53 billion USD, up by 36.2%; US market with 1.35 billion USD, up by 38.2% …

Machinery, equipment, tools and spare parts: The import value in April 2019 reached US $ 3 billion, down 1.3% from the previous month. Thereby, the import turnover of this product group in 4 months of 2019 reached 11.57 billion USD, up 17.3% compared to the same period in 2018.

Machinery, equipment, tools and spare parts imported in the last 4 months originated from: China reached US $ 4.37 billion, up 28.6%; from South Korea reached 2.14 billion USD, up 11.7% and from Japan reached 1.52 billion USD, up slightly by 5.7% … compared to the same period in 2018.

Group of textile and garment materials, leather and shoes (including: cotton, textile fibers, fabrics, textile and garment materials, leather and shoes): April’s import value reached VND 2.21 billion. USD, up 4.5% from the previous month, thereby bringing the import value in the first 4 months to USD 7.68 billion, up 6.2% over the same period last year.

Raw materials for textile, garment, leather and shoes imported to Vietnam mainly come from China with a value of US $ 3.5 billion, up 16.4% over the same period last year; from Korea with 930 million USD; down 3.4%; from the United States with 791 million USD, up 24.8%; from Taiwan worth 772 million USD, down 1.1% …

Phones of all kinds and components: import of this commodity group in the month reached 1.02 billion USD, up 6.5% over the previous month. By the end of April 2019, the import value of this commodity group reached 3.81 billion USD, down 11.4% over the same period in 2018.

China and South Korea continue to be the two main markets providing phones and components in 4 months / 2019 for Vietnam with a value of 93.4% of the country’s import value of this item, in that: from China is 2.06 billion USD, down 19.7% compared to the same period last year; imports from South Korea were 1.5 billion USD, a slight increase of 0.4% …

Material plastics and plastic products: In April 2019, import of two groups of plastic materials and plastic products reached 1.22 billion USD, down 8.1% compared to the previous month. Thereby, increasing the total import turnover of this item in 4 months from the beginning of the year to USD 4.85 billion, up 5.9% compared to the same period in 2018.

Vietnam mainly imports plastic materials and products from countries: South Korea reached 1.17 billion USD, up 12.2%; China reached 1.1 billion USD, up 14%; Taiwan reached 461 million USD, up 1.8% … compared to 4 months of 2018.

Iron and steel of all kinds: in this month, import of this commodity group was 1.3 million tons, worth USD 869 million, down 3.9% in volume and 3.2% in value. In 4 months of 2019, the amount of imported iron and steel of all kinds reached 4.67 million tons, worth 3.13 billion USD, up 9.6% in volume and 3.4% in value over the same period in 2018 .

In the first 4 months of 2019, China continues to be the largest market for steel and iron products in Vietnam with 1.95 million tons, worth 1.22 billion USD, up 8.6% in volume and 6. , 4% of the value compared to the same period last year. The second is South Korea with 546 thousand tons, worth 452 million USD, down 8.3% in volume and 3.9% in value; Japan is ranked third with 615 thousand tons, worth 424 million USD, down 13.2% in volume and 13.8% in value …

Chemicals and chemical products: importing these two product groups in April 2019 valued at US $ 852 million, down 6.2% from the previous month, bringing the value of these two commodity import groups in 4 months / 2019 reached 3.28 billion USD, up 6.1% over the same period last year.

Chemicals and products in 4 months from the beginning of 2019 imported to Vietnam originated from China with 964 million USD, up 6.9% over the same period in 2018; origin from Taiwan with 444 million USD, up 20.3%; originated from Korea with 365 million USD, up 5.9% …

Petroleum types: Import volume in 4/2019 reached 986 thousand tons, worth 650 million USD, up 8.5% in volume and 15.7% in value over the previous month, bringing the total import volume gasoline of all types in 4 months of 2019 reached 3.07 million tons, worth 1.89 billion USD, down 31.6% in volume and 34.2% in value compared to the same period last year.

Petroleum products imported to Vietnam in 4 months / 2019 are mainly originated from Malaysia with 878 thousand tons, down 34.5%; Singapore with 745 thousand tons, down 18.6%; South Korea with 654 thousand tons, down 45.2% … compared to 4 months of 2018

 

OVERVIEW OF CUSTOMS STATISTICAL DATA

ABOUT EXPORT AND IMPORT OF GOODS IN APRIL AND 4 MONTHS of 2019

Stt Criteria Preliminary numbers
(A) (B) (C)
I Export of goods (XK)
1 I.1 Total export turnover of goods in April 2019 (USD million) 20,440
2 I.2 Increase / decrease of export turnover of April 2019 compared to March 2019 (%) -10.3
3 I.3 Increase / decrease of export turnover of April 2019 compared with April 2018 (%) 10.4
4 I.4 Total export turnover of 4 months / 2019 (USD million) 79,235
5 I.5 Increase / decrease of export turnover in 4 months of 2019 compared to the same period in 2018 (%) 6.5
II Import of goods (NK)
6 II.1 Total import turnover of goods in April 2019 (USD million) 20,994
7 II.2 Increase / decrease of import turnover of April 2019 compared to March 2019 (%) -0.8
8 II.3 Increase / decrease of import turnover of April 2019 compared with April 2018 (%) 19.9
9 II.4 Total import turnover of 4 months / 2019 (USD million) 78,483
10 II.5 Increase / decrease of import turnover in 4 months of 2019 compared to the same period of 2018 (%) 10.9
III Total import and export turnover (XK + NK)
11 III.1 Total import and export turnover of goods in April 2019 (USD million) 41,434
12 III.2 Increase / decrease of import-export turnover of April 2019 compared to March 2019 (%) -5,7
13 III.3 Increase / decrease of import-export turnover of April 2019 compared with April 2018 (%) 15.0
14 III.4 Total import-export turnover in 4 months / 2019 (USD million) 157,718
15 III.5 Increase / decrease of import-export turnover in 4 months of 2019 compared to the same period in 2018 (%) 8.7
IV Trade Balance of Goods (XK-NK)
16 IV.1 Trade balance in April 2019 (USD million) -555
17 IV.2 4-month trade balance / 2019 (USD million) 752

Source: General Department of Vietnam Customs

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