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2:59 am | June 5, 2023

Vietnam’s Imports-Exports Down 8.5% in April

Vietnam Customs have released Vietnam’s import and export data for April. Here’s how Vietnam is tracking in terms of trade in 2023 so far.

Vietnam’s two-way trade was down 8.5 percent in April over March.

All-in-all Vietnam clocked up over US$53 billion in two-way trade for the month with foreign direct invested enterprises accounting for just shy of two-thirds.

So, in April, what did Vietnam export and to where, and what did it import and from where?

Vietnam’s total imports and exports

Imports and exports of foreign direct invested enterprises

What were Vietnam’s main imports?

In April, Vietnam’s top three imports were: computers, electronic products, spare parts and components; machinery, equipment, tools, and instruments; and other products. These three imports set Vietnam back a collective US$10.8 billion. This was down on March’s figure of US$12.2 billion for the same three export categories.

Vietnam imports April 2023, by value

Where did Vietnam’s imports come from?

This data was not available from the Vietnam Department of Customs at the time of publication.

About Vietnam’s import and export data

Data in these tables were accessed via Vietnam’s customs portal May 24, 2023.

March 2023

Vietnam’s import and export data for March has been released by Vietnam Customs. Here’s how Vietnam is tracking in terms of trade in 2023.

Vietnam’s two-way trade in March was up 18 percent over February. In total, Vietnam exported about US$29.7 billion worth of goods and imported US$28.3 billion totalling US$58 billion in two-way trade.

Foreign direct invested enterprises accounted for about US$39.6 billion worth of two-way trade.

So, in March, what did Vietnam export and to where, and what did it import and from where?

Vietnam’s total imports and exports

Imports and exports of foreign direct invested enterprises

What were Vietnam’s main imports?

In March, Vietnam’s top three imports were: computers, electronic products, spare parts and components; machinery, equipment, tools, and instruments; and other products. These three imports set Vietnam back a collective US$12.2 billion. This was an increase of just under US$1 billion over February.

What were Vietnam’s main exports?

Similar to January, in February Vietnam’s top three exports were: telephones, mobile phones and parts thereof; computers, electrical products, spare-parts and components thereof; and machine, equipment, tools and instruments. These accounted for US$11.5 billion worth of exports for Vietnam.

Where did Vietnam’s imports come from?

Vietnam imported goods from all over the world in January. Asia was its biggest supplier with just over US$19 billion in goods imported. The lion’s share of those imports came from China followed by South Korea.

Where did Vietnam’s exports go?

The bulk of Vietnam’s exports in March went to the United States. This is almost double its next biggest export market, China. It is also more than triple third place, the Republic of Korea.

About Vietnam’s import and export data

Vietnam’s export and import data is released by the General Department of Customs monthly and provides data for the month before.

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