According to the latest preliminary statistics announced by the General Department of Customs, the total value of Vietnam’s import and export of goods in the first period of December 2024 (from December 1 to December 15, 2024) reached 31.48 billion USD, down 3.5% (equivalent to a decrease of 1.16 billion USD) compared to the results in the second half of November 2024.

The results achieved in the first half of December 2024 brought the total import-export value of the whole country up to December 15 to 747.13 billion USD, an increase of 14.7%, equivalent to an increase of 95.98 billion USD in absolute terms compared to the same period in 2023.

Of which, the total import-export value of enterprises with foreign direct investment (FDI) reached 504.43 billion USD, an increase of 13% (equivalent to an increase of 58.19 billion USD).

More specifically, in terms of exports, the total value of Vietnam’s export goods in the first period of December 2024 reached 15.36 billion USD, a decrease of 9.1% (equivalent to a decrease of 1.54 billion USD in absolute terms) compared to the second period of November 2024.

The export value of the first period of December 2024 decreased compared to the second period of November 2024 in the following commodity groups: machinery, equipment, tools and spare parts decreased by 469 million USD, equivalent to a decrease of 19.8%; phones of all kinds and components decreased by 238 million USD, equivalent to a decrease of 14.9%; textiles and garments decreased by 198 million USD, equivalent to a decrease of 12.4%;…

Thus, by the end of December 15, the total export value of Vietnam reached 385.35 billion USD, an increase of 13.9%, equivalent to an increase of 46.92 billion USD compared to the same period in 2023.

In particular, some commodity groups increased such as: computers, electronic products and components increased by 14.38 billion USD, equivalent to an increase of 26.6%; Machinery, equipment, tools and spare parts increased by 8.54 billion USD, equivalent to an increase of 20.8%; textiles and garments increased by 3.29 billion USD, equivalent to an increase of 10.4%; wood and wood products increased by 2.63 billion USD, equivalent to an increase of 20.6%; footwear of all kinds increased by 2.35 billion USD, equivalent to an increase of 12.21%… compared to the same period in 2023.

Statistics from the General Department of Customs also show that the export value of goods of foreign direct investment (FDI) enterprises in the first period of December 2024 reached 10.63 billion USD, down 9.2%, equivalent to a decrease of 1.08 billion USD compared to the second period of November 2024. As of December 15, 2024, the total export value of goods of this group of enterprises reached 275.09 billion USD, up 12%, equivalent to an increase of 29.51 billion USD compared to the same period last year, accounting for 71% of the total export value of the country.

In the opposite direction, the total value of imported goods of Vietnam in the first period of December 2024 reached 16.12 billion USD, an increase of 2.4% (equivalent to an increase of 385 million USD in absolute terms) compared to the results in the second half of November 2024.

The value of imported goods in the first period of December 2024 increased compared to the second period of November 2024 mainly in the following groups of goods: coal of all kinds increased by 105 million USD, equivalent to an increase of 68.4%; computers, electronic products and components increased by 65 million USD, equivalent to an increase of 1.5%.

Thus, by the end of December 15, the total import value of the whole country reached 361.78 billion USD, an increase of 15.7% (equivalent to an increase of 49.06 billion USD) compared to the same period in 2023.

In particular, some groups of goods increased sharply such as: computers, electronic products & components increased by 18.05 billion USD, equivalent to an increase of 21.4%; machinery, equipment, tools and spare parts increased by 6.67 billion USD, equivalent to an increase of 16.8%; iron and steel of all kinds increased by 2.02 billion USD, equivalent to an increase of 20.2%; other base metals increased by 1.76 billion USD, equivalent to an increase of 24%; fabrics of all kinds increased by 1.75 billion USD, equivalent to an increase of 14%… compared to the same period in 2023.

The import value of goods of FDI enterprises in this period reached 9.77 billion USD, an increase of 1.5% (equivalent to an increase of 141 million USD) compared to the second period of November 2024. By the end of December 15, 2024, the total import value of this group of enterprises reached 229.34 billion USD, an increase of 14.3% (equivalent to an increase of 28.69 billion USD) compared to the same period in 2023, accounting for 63.4% of the total import value of the whole country.

From the above results, in the first period of December 2024, the trade balance of goods had a deficit of 760 million USD. From the beginning of the year to the end of December 15, the trade balance of goods had a surplus of 23.57 billion USD.

Source: VNECONOMY.VN