Insights for Vietnam

MoM insights: In the month-on-month analysis, imports from Phu Tho saw the highest increase with a trade value of 3.35B, reflecting a value change of 237.85M and a percentage change of 7.65%. Ha Noi followed with a trade value of 4.3B, increasing by 54.2M (1.28%). Da Nang also experienced a notable increase with a trade value of 410.24M, up by 50.96M (14.18%). On the other hand, the largest decrease in imports was observed in Bac Ninh, which had a trade value of 7.67B, decreasing by 618.35M (-7.46%). Thanh Hoa faced a significant drop as well, with a trade value of 521.21M, down by 357.19M (-40.66%). Ninh Binh also saw a decline, with a trade value of 1.82B, down by 260.42M (-12.53%). For exports, Phu Tho led with a trade value of 3.27B, increasing by 153.97M (4.94%). Ha Noi followed with a trade value of 1.79B, up by 56.11M (3.24%). Hung Yen also showed growth with a trade value of 787.74M, increasing by 27.75M (3.65%). Conversely, Bac Ninh had the largest decrease in exports, with a trade value of 7.88B, down by 1.54B (-16.34%). Ho Chi Minh City also saw a decline, with a trade value of 7.39B, decreasing by 270.34M (-3.53%). Hai Phong experienced a drop as well, with a trade value of 3.98B, down by 248.14M (-5.83%).

YoY insights: In the year-on-year analysis, imports from Bac Ninh showed the highest increase with a trade value of 7.67B, reflecting a value change of 2.06B (36.69%). Ha Noi followed with a trade value of 4.3B, increasing by 661.39M (18.19%). Ninh Binh also experienced a notable increase with a trade value of 1.82B, up by 618.8M (51.61%). On the other hand, the largest decrease in imports was observed in Thanh Hoa, which had a trade value of 521.21M, decreasing by 197.92M (-27.52%). Dong Thap faced a significant drop as well, with a trade value of 397.96M, down by 69.89M (-14.99%). Quang Tri also saw a decline, with a trade value of 56.12M, down by 42.23M (-42.94%). For exports, Bac Ninh led with a trade value of 7.88B, increasing by 2.24B (39.80%). Ninh Binh followed with a trade value of 2.4B, up by 927.09M (62.94%). Phu Tho also showed growth with a trade value of 3.27B, increasing by 735.82M (29.03%). Conversely, Quang Ngai had the largest decrease in exports, with a trade value of 250.27M, down by 61.04M (-19.61%). Ho Chi Minh City also saw a decline, with a trade value of 7.39B, decreasing by 47.33M (-0.64%). Ha Tinh experienced a drop as well, with a trade value of 81.66M, down by 33.26M (-28.94%).