Gasoline and oil prices simultaneously decrease sharply, imports of gasoline and oil decrease sharply

Lục Giang |

Domestic gasoline and oil prices continuously decreased after many adjustment periods, imports of crude oil and gasoline of all kinds also decreased sharply in the second half of April 2026.

According to the latest preliminary statistics from the Customs Department, the total value of import and export of goods of Vietnam in the second quarter of April 2026 (from April 16 to April 30) reached 48.56 billion USD, a slight increase of 2.5%, equivalent to an increase of 1.19 billion USD compared to the first quarter of April 2026.

This result brings the total import and export value of the whole country in the first 4 months of 2026 to 345.68 billion USD, an increase of 24.7%, equivalent to an increase of 68.47 billion USD compared to the same period last year.

Exports increase sharply in the electronics, textiles, and steel groups

The total value of exported goods of Vietnam in the second quarter of April 2026 reached 24.33 billion USD, an increase of 12.8%, equivalent to an increase of 2.76 billion USD compared to the previous period.

Many commodity groups recorded strong growth in the second half of April. In which, computers, electronic products and components increased by 396 million USD, equivalent to an increase of 6.8%; textiles and garments increased by 331 million USD, equivalent to an increase of 24.1%; machinery, equipment, tools and spare parts increased by 303 million USD, equivalent to an increase of 10.8%.

In addition, telephones and components increased by 223 million USD, equivalent to an increase of 10.3%; iron and steel of all kinds increased by 204 million USD, equivalent to an increase of 85.4%; footwear of all kinds increased by 174 million USD, equivalent to an increase of 17%; wood and wood products increased by 135 million USD, equivalent to an increase of 18.8% compared to the previous period.

In the opposite direction, some export commodity groups decreased sharply in the second quarter of April, such as animal and plant oil and fat decreased by 19.7 million USD, equivalent to a decrease of 30.9%; ore and other minerals decreased by 17.1 million USD, equivalent to a decrease of 77.8%; cassava and cassava products decreased by 19 million USD, equivalent to a decrease of 35.9%.

In general, in the first 4 months of 2026, Vietnam's total export value reached 169.02 billion USD, an increase of 20.1% compared to the same period last year, equivalent to an increase of 28.26 billion USD.

Data from the Customs Department also shows that the FDI enterprise sector continues to play a key role in export activities. In the second quarter of April 2026, the export value of this group of enterprises reached 18.96 billion USD, an increase of 8.6%, equivalent to an increase of 1.5 billion USD compared to the previous period.

Accumulated in the first 4 months of the year, FDI exports reached 133.57 billion USD, an increase of 25.4%, equivalent to an increase of 27.03 billion USD compared to the same period last year and accounting for 79% of the total export value of the whole country.

Imports of crude oil and gasoline simultaneously decrease sharply

Regarding imports, the total value of imported goods of Vietnam in the second period of April 2026 reached 24.23 billion USD, down 6.1%, equivalent to a decrease of 1.57 billion USD compared to the previous period.

Some commodity groups recorded strong import increases in the second half of April 2026. Specifically, liquefied natural gas increased by 137 million USD, equivalent to an increase of 108%; corn increased by 80 million USD, equivalent to an increase of 125%; ore and other minerals increased by 51.2 million USD, equivalent to an increase of 40%; scrap iron and steel increased by 40.6 million USD, equivalent to an increase of 50.8%.

Notably, many commodity groups related to energy recorded very strong decreases. In which, crude oil decreased by 247 million USD, equivalent to a decrease of 51.3%; gasoline and oil of all kinds decreased by 242 million USD, equivalent to a decrease of 31.7%; other products from oil decreased by 217 million USD, equivalent to a decrease of 55.6%.

Accumulated in the first 4 months of 2026, the total import value of the whole country reached 176.66 billion USD, an increase of 29.5%, equivalent to an increase of 40.21 billion USD compared to the same period last year.

For the FDI enterprise sector, the import value in the second quarter of April 2026 reached approximately 17 billion USD, down 8.7%, equivalent to a decrease of 1.61 billion USD compared to the previous period.

In general, in the first 4 months of the year, the total import value of FDI enterprises reached 125.56 billion USD, an increase of 32.4%, equivalent to an increase of 30.71 billion USD compared to the same period last year and accounting for 71.1% of the total import value of the whole country.

Gasoline and oil prices simultaneously sharply decrease

Regarding the gasoline and oil market, domestic gasoline and oil prices in the past time have also been managed closely following world price developments. From April 2026 to now, gasoline and oil prices have been adjusted down sharply.

In which, diesel oil prices have decreased sharply from 49,788 VND/liter recorded on April 3 to 27,494 VND/liter in the operating period on May 7, corresponding to a decrease of 22,294 VND/liter.

For RON95-III gasoline, compared to the level of 26,976 VND/liter recorded on April 3, the price of this item has now decreased by 2,622 VND/liter, down to 24,354 VND/liter.

Similarly, the price of E5 RON92 gasoline also decreased by 1,638 VND/liter, from 25,428 VND/liter to 23,790 VND/liter.

Lục Giang
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