According to the General Department of Vietnam Customs, the total trade value of goods exported and imported in Vietnam during the second period of April 2024 (from April 16 to April 30, 2024) reached US$29.61 billion, a decrease of 4.9% (equivalent to a decrease of US$1.52 billion) compared to the first period of April 2024 (from April 1 to April 15, 2024).
The results achieved in the second half of April 2024 brought the total trade value of the country in the first four months of 2024 to US$238.95 billion, an increase of 15.1%, equivalent to an increase of US$31.35 billion compared to the same period last year. Of this total, the trade value of foreign-invested enterprises in the first four months of 2024 reached US$161.64 billion, an increase of 12.2% (equivalent to an increase of US$17.61 billion) compared to the previous year; the trade value of domestic enterprises was US$77.31 billion, an increase of 21.6% (equivalent to an increase of US$13.75 billion) compared to the previous year.
In the second period of April 2024, the trade balance of goods surplus was US$2.22 billion. Thus, in the first four months of 2024, the trade balance of goods surplus was US$9.02 billion, an increase of US$1.17 billion compared to the surplus of US$7.85 billion in the first four months of 2023.
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Also according to the General Department of Vietnam Customs, the total export value of goods of Vietnam in the second period of April 2024 reached US$15.91 billion, an increase of 5.9% (equivalent to an increase of US$884 million in absolute terms) compared to the first period of April 2024. In the first four months of 2024, the total export value of Vietnam reached US$123.99 billion, an increase of 15.1% compared to the same period last year, equivalent to an increase of US$16.26 billion compared to the previous year.
Statistics from the General Department of Vietnam Customs also show that the export value of goods of foreign-invested enterprises (FDI) in the second period of April 2024 reached US$11.11 billion, an increase of 4.9% equivalent to an increase of US$520 million compared to the first period of the month, thereby raising the total export value of this group of enterprises in the first four months of 2024 to US$88.83 billion, up 12.2% (equivalent to an increase of US$9.68 billion) over the same period last year, accounting for 71.6% of the country’s total export value.
Regarding the import market, the General Department of Vietnam Customs said that the total import value of goods of Vietnam in the second period of April 2024 reached US$13.7 billion, a decrease of 14.9% (equivalent to a decrease of US$2.41 billion in absolute terms) compared to the first period of April 2024. In the first four months of 2024, the total import value of the country reached US$114.96 billion, an increase of 15.1%, equivalent to an increase of US$15.09 billion compared to the same period last year.
The import value of goods of FDI enterprises in this period was US$8.59 billion, a decrease of 11.6% (equivalent to a decrease of US$1.12 billion) compared to the first period of April 2024. In the first four months of 2024, the total import value of this group of enterprises reached US$72.81 billion, an increase of 12.2% (equivalent to an increase of US$7.93 billion) over the same period last year, accounting for 63.3% of the country’s total import value.