Total value of exported goods in period 2 increased by 43.4% compared to period 1; in which, many key products have high growth rate such as: computers, electronic products and components; other machinery, equipment, tools and spare parts; textiles; Cell phones and accessories…
The latest preliminary statistics of the General Department of Customs show that the total import and export value of Vietnam’s goods in the period of May 2, 2023 (from May 16 to May 31, 2023) reached 29 .81 billion USD, up 24.7% (equivalent to 5.91 billion USD) compared to the implementation results in the first half of May 2023.
The results achieved in the second half of May 2023 brought the total import-export value of the country in the first five months of 2023 to reach 260.79 billion USD, down 15.3% (equivalent to 47.17 billion USD). same period in 2022.
In which, the total import-export value of foreign direct investment (FDI) enterprises reached 180.59 billion USD, down 15.1% (equivalent to 32.03 billion USD); the import-export value of domestic enterprises was USD 80.2 billion, down 15.9% (equivalent to USD 15.1 billion) over the same period last year.
In the 2nd period of May, 2023, the trade balance of goods had a surplus of 3.05 billion USD. Generally, in the first 5 months of 2023, the trade balance of goods had a surplus of 9.65 billion USD.
Specifically, in terms of exports, in the 2nd period of May, 2023, it reached 16.43 billion USD, up 43.4% (equivalent to 4.98 billion USD in absolute number) compared to the 1st period of May 2023.
The export value of the 2nd period of May, 2023, fluctuated and increased compared to the period of May 1, 2023 in some of the following commodity groups: computers, electronic products and components increased by 714 million USD (corresponding to an increase of 38.1 USD). %); other machinery, equipment, tools and spare parts increased by USD 632 million (corresponding to an increase of 48.4%); textiles and garments increased by USD 547 million (corresponding to an increase of 46.7%); phones and components increased by 530 million USD (equivalent to 44.3% increase)…
Especially, the export of vegetables and fruits in the 2nd period of May reached 422 million USD, 1.8 times higher than the 1st period of the month, mainly due to the increase in durian exports.
compared to May 1, 2023. Source: General Department of Customs.
Thus, in the first 5 months of 2023, Vietnam’s total export value reached 135.22 billion USD, down 12.3%, corresponding to 18.88 billion USD decrease over the same period in 2022.
Statistics of the General Department of Customs also show that the export value of goods of foreign direct investment (FDI) enterprises in the 2nd period of May, 2023 reached 11.63 billion USD, up 43. 7%, equivalent to an increase of 3.54 billion USD compared to the first period of the month, thereby bringing the total export value of goods in the first 5 months of 2023 of this group of enterprises to 98.9 billion USD, down 12.2 % (equivalent to a decrease of 13.78 billion USD) over the same period last year, accounting for 73.1% of the total export value of the country.
From the opposite direction, the value of imported goods of Vietnam in the 2nd period of May, 2023 reached US$ 13.38 billion, up 7.5% (equivalent to an increase of US$ 936 million in absolute terms) compared to the actual result. in the first half of May 2023.
Import value of goods in the 2nd period of May, 2023 increased compared to the previous period 1 mainly in the following commodity groups: machinery, equipment, tools and other spare parts increased by 137 million USD (equivalent to 8 million USD). %); crude oil increased by USD 106 million (equivalent to an increase of 30.4%); liquefied petroleum gas increased by $75 million (equivalent to an increase of 502.6 percent)…
![Treatmentá Imports of some major goods in the second period of May 2023 compared to the first period of May, 2023. Source: General Department of Customs.](https://chusepepper.com.au/wp-content/uploads/2023/06/1686713895_848_Exports-recovered-positively-many-key-products-had-high-growth.png)
compared to May 1, 2023. Source: General Department of Customs.
Thus, in the first 5 months of 2023, the total import value of the whole country reached 125.57 billion USD, down 18.4% (equivalent to 28.29 billion USD) compared to the same period in 2022.
Import value of goods of FDI enterprises in this period reached 8.46 billion USD, up 3.5% (equivalent to 285 million USD) compared to the first period in May 2023. In the 5 months of 2023, the total import value of FDI enterprises reached US$81.68 billion, down 18.3% (equivalent to US$18.2 billion) over the same period last year, accounting for 65% total import value of the country.
According to VnEconomy