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Major import commodities in eleven months of 2017

16:32 | 26/12/2017

VCN – Imports in eleven months of 2017 of 31 commodity groups with a turnover of over US $ 1 billion, accounted for 87.7% of the country’s total import turnover. Of which, computers, electronics and components, and mobile phones and components accounted for over 25% of Vietnam’s total import turnover; followed by machinery, equipment and parts thereof with a turn over of more than 16%;.

major import commodities in eleven months of 2017 Major export commodity groups in the third quarter of 2017
major import commodities in eleven months of 2017 At the end of the third quarter, the turnover reaches more than US$ 300 billion
major import commodities in eleven months of 2017 Preliminary assessment of Vietnam international merchandise trade performance in the first half of August, 2017
major import commodities in eleven months of 2017

The ten largest import commodity groups in eleven months of 2017 compared to the same period last year

Machinery, equipment and parts thereof: The import of this group in November 2017 reached US $ 2.87 billion, up 13.5% over the previous month. Accordingly, the import turnover of this group in eleven months of 2017 reached US $ 30.74 billion, up 20.7% over the same period last year.

Major export markets of machinery, equipment and parts thereof to Vietnam in eleven months of 2017 included China with US $ 9.95 billion, up 20%; South Korea with US $ 8.03 billion, up 55.2% and Japan with US $ 3.84 billion, up 1.1% over the same period last year.

Computers, electronics and components: the import value in November 2017 was nearly US $ 3.5 billion, up 6.8% over the previous month. Accordingly, raising the import turnover of this group in eleven months of 2017 to US $ 34 billion, up 33.9% over the same period in 2016.

This group was mainly imported to Vietnam in the eleven months of 2017 from: South Korea with a turnover of US $ 13.88 billion, up 74.5% over the same period last year; China with a turn over of US $ 6.41 billion, up 19.3%; and Taiwan with a turnover of US $ 3.54 billion, up 22.5% ...

Fabrics: The import in November 2017 achieved US $ 1.09 billion, up 9.2% over the previous month, bringing the import turnover of this group in eleven months of 2017 to US $10.35 billion, up 8.4% over the previous month.

The main markets which provided fabrics to Vietnam in the eleven months of 2017 were: China with US $ 5.52 billion, up 11.5%; South Korea with US $ 1.84 billion, up 4.7%; and Taiwan with US $ 1.45 billion, up 4.9% over the same period last year; ...

Mobile and components: the import value in November 2017 reached US $ 1.73 billion, down 9% over the previous month. Thus, bringing the import value of this group in eleven months of 2017 to US$ 14.48 billion, up 51.1% over the same period last year.

Major exporters of mobile phone and components to Vietnam in the eleven months of 2017 mainly included: China with US $ 7.63 billion, up 38.5%; and South Korea with US $ 5.6 billion, up 68.9% over the same period last year.

Iron and steel: The import value of iron and steel in November 2017 reached nearly 1.19 million tons, worth US $ 791 million; down 3.8% in volume and 0.1% in value over the previous month. Accordingly, bringing the volume of imported iron and steel in 11 months of 2017 to 13.89 million tons, worth US $ 8.26 billion, down 17.4% in volume, but up 13.5% in value over the same period last year.

The major markets exporting iron and steel to Vietnam in the eleven months of 2017 mainly included China with 6.54 million tons, valued at US $ 3.79 billion, down 33.7% in volume and 6% in value; and Japan with 2.01 million tons, valued at US $ 1.27 billion, down 13.8 % in volume and 17.4 % in value from the same period last year.

Plastic raw materials: The import of plastic raw materials in November 2017 reached 411,000 tons, worth US $ 644 million, down 0.1% in volume and up 2.7% in value over the previous month. Accordingly, the import volume of this commodity in the eleven months of 2017 reached 4.48 million tons, valued at US $6.66 billion, up 8.6% in volume and 17.4% in value over the same period last year.

The main exporters of plastic raw materials to Vietnam in the eleven months of 2017 were South Korea with 819,000 tons, valued at US $ 1.31 billion, up 11.1% in volume and 20.2% in value; the United Arab Emirates with 874,000 tons, worth US $ 1 billion, up 2.6% in volume and 8.9% in value; and Taiwan with 618, 000 tons, worth US $ 964 million, up 3.5% in volume and 12.6% in value over the same period last year.

Raw materials for textile, garment, leather and footwear: the import in November 2017 reached US $ 457 million, down 2.7% over the previous month, thereby bringing the import value of this group in the eleven months of 2017 to US $ 5 billion, up 8% over the same period last year

Main exporters of this commodity group to Vietnam in the eleven months of 2017 were China with US $ 1.88 billion, up 10.5%; Taiwan with US $ 452 million, up 4.4%; and South Korea with US $ 692 million, down 3.9% over the same period last year.

Petroleum: in November 2007, the country imported 1.17 million tons of petroleum, valued at US $ 962 million, up 10.8% in volume and up 14.5% in value over the previous month. Thereby, the import volume of petroleum for the eleven months of 2017 reached 11.69 million tons, valued at over US $ 6.31 billion, up 10.2% in volume, and up 40.5% in value compared with the same period last year.

The major markets exporting petroleum to Vietnam in the eleven months of 2017 were Singapore with 4.01 million tons, worth US $ 2.02 billion, up 9% in volume and 36.4% in value; South Korea with 2.68 million tons, worth US $ 1.67 billion, up 74.8% in volume and 104.5% in value; and Malaysia with 2.31 million tons worth US $ 1.1 billion, down 19.1% in volume and 1.8% in value.

Other common metals: the import of this commodity group in the November 2017 gained 126,000 tons, worth US $ 500 million, up 5.1% in volume and 8.6% in value over the previous month. Accordingly, the import volume of this commodity group in eleven months of 2017 reached 1.38 million tons, worth US $ 4.93 billion, down 19.4% in volume but up 13.4% in value over the same period last year.

The main markets exporting the commodity to Vietnam in the eleven months of 2017 were Korea with 297,000 tons, worth US $ 805 million, up 12.2% in volume and 37.3% in value; China with 234,000 tons, worth US $ 613 million, down 66% in volume and 51% in value; and Australia with 198,000 tons, worth US $ 458 million, up 14.8% in volume and up 40% in value over the same period last year.

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Plastic products: the import of this group in November 2017 picked up US $ 496 million, up 4.4% over the previous month. Accordingly, the import of this group in the eleven months of 2017 reached US $ 4.89 billion, up 22.2% over the same period last year.

Vietnam imported plastic products in the eleven months of 2017 mainly from: China with US $ 1.71 billion, up 26.6%; South Korea with US $ 1.48 billion, up 23.5%, and Japan with US $ 716 million, 20.2% over the same period last year.

By Ha Nhi/ Huyen Trang