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Import-export cargo turnover through Ho Chi Minh City ports decreased by usd 11 billion

Category:

General News

Published date:

30/01/2026

HQ Online) – Import-export cargo turnover through Ho Chi Minh City ports during the first five months of 2023 recorded a sharp decline of more than usd 11 billion.

Ho Chi Minh City customs officers inspect imported cargo at Cat Lai Port.

According to statistics from the Ho Chi Minh City Customs Department, from the beginning of 2023 to may 10, 2023, the total import-export cargo turnover cleared through Ho Chi Minh City ports reached usd 39.17 billion, down 22.29% (equivalent to usd 11.24 billion) compared to the same period in 2022 (usd 50.4 billion).

Of this total, import turnover reached usd 21.14 billion, down 24.72% (equivalent to an absolute decrease of usd 6.94 billion), while export turnover reached usd 18.03 billion, down 19.25% (equivalent to an absolute decrease of usd 4.30 billion) compared to the same period in 2022.

As a result, the trade balance for import-export cargo processed by the Ho Chi Minh City Customs Department recorded a trade deficit of usd 3.11 billion as of may 10, 2023.

The sharp decline in import-export cargo volume caused state budget revenue collected by the Ho Chi Minh City Customs Department in may to continue decreasing. As of may 10, 2023, state budget revenue reached vnd 45,573.6 billion, equivalent to 31.26% of the assigned target (vnd 145,800 billion), down 4.94% (equivalent to an absolute decrease of vnd 2,367.2 billion) compared to the same period in 2022.