Specifically, the total import and export value of Vietnam’s goods in the period of May 1, 2023 (from May 1 to May 15) reached USD 23.89 billion, down 10.8% (equivalent to a decrease of 2 USD). .89 billion USD) compared to the results in the second half of April 2023. The balance of trade in goods in the period had a deficit of 988 million USD. From the beginning of the year to the end of May 15, the trade balance of goods had a surplus of 6.57 billion USD.

 

The results achieved in the first half of May brought the total import-export value of the whole country by the end of May 15 to 230.59 billion USD, down 15.4%, equivalent to 42.1 billion USD down over the same period. period in 2022. In which, the total import-export value of foreign direct investment (FDI) enterprises reached 160.26 billion USD, down 15.1% (equivalent to 28.5 billion USD).

 

Export value decreased in some product groups

 

Export turnover in the first half of May reached 11.45 billion USD, down 21.3% (equivalent to 3.1 billion USD) compared to the 2nd period in April.

 

Some groups of goods with reduced value include: phones and components down by USD 755 million (equivalent to a decrease of 38.7%); other machinery, equipment, tools and spare parts decreased by USD 452 million (equivalent to a decrease of 25.7%); iron and steel of all kinds decreased by 247 million USD (equivalent to 44.1%); textiles and garments decreased by USD 189 million (equivalent to a decrease of 13.9%)...

 

Thus, by the end of May 15, Vietnam’s total export value reached 118.58 billion USD, down 12.8% or 17.47 billion USD compared to 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 first period of May reached 8.09 billion USD, down 22.6%. equivalent to a decrease of USD 2.36 billion compared to the April 2 period. By the end of May 15, the total export value of goods of this group of enterprises reached USD 87.17 billion, down 12.4%, equivalent to USD 87.17 billion. corresponding decrease of 12.39 billion USD over the same period last year, accounting for 73.5% of the total export value of the country.

 

Import value of goods increased compared to the previous period

 

On the other hand, the import value in the first period of May reached 12.44 billion USD, up 1.7% (equivalent to 212 million USD) compared to the results in the second half of April.

 

Import value of goods increased mainly in the following commodity groups: crude oil increased by US$ 101 million, equivalent to an increase of 40.3%; computers, electronic products & components increased by USD 87 million, equivalent to 3%; other machinery, equipment, tools & spare parts increased by USD 76 million, equivalent to an increase of 4.6%...

 

Thus, by the end of May 15, the total import value of the whole country reached 112.01 billion USD, down 18% (equivalent to 24.63 billion USD) compared to the same period in 2022.

 

Import value of goods by FDI enterprises in this period reached US$8.18 billion, up 4% (equivalent to US$317 million) compared to the April 2 period. By the end of May 15, the total value imports of this group of enterprises reached USD 73.09 billion, down 18.1% (equivalent to USD 16.14 billion) over the same period in 2022, accounting for 65.3% of the total import value of the country. .