September 23, 2018 00:36

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The main import categories in the first 5 months of 2018

16:23 | 25/06/2018

VCN - According to the General Department of Vietnam Customs, the import turnover in the first five months of 2018 continued to increase by 10.5% with 43/54 groups increasing over the same period in 2017; In particular, the strongest increases were the groups: petroleum increased by 38.6%; chemicals increased by 24.7%; cotton increased by 24.4%; plastic materials increased by 18.6%; base metals increased by 17.9%; computers, electronic products and components increased by 17.3%... compared to the same period last year. In the first 5 months of 2018, there were 17/54 groups of goods with import turnover of over 1 billion USD.

the main import categories in the first 5 months of 2018
The import value of 10 largest commodity groups in 5 months of 2018 compared with 5 months of 2017

Computers, electronic products and components: this commodity group had the largest import value in the first 5 months of 2018.

The import value of these products in May was 3.44 billion USD, increased sharply by 26.4% compared to the previous month, bringing the import value of this commodity group in five months of 2018 to 16.6 billion USD, up 17.3% over the same period last year.

The largest export markets to Vietnam include: Korea with the turnover of 7.27 billion USD, up 29.1% over the same period last year; China was second with 2.68 billion USD, down slightly 0.1%; Japan ranked third with a turnover that reached 1.49 billion, up 30.3% ...

Machinery, equipment, spare parts: the import value of this group in May 2018 reached 3.06 billion USD, up 24.9% over the previous month. By the end of May 5, 2018, the import value of this group was 13.14 billion USD, down 7.9% over the same period in 2017.

Machinery, equipment and spare parts in the first five months of 2018 were mainly imported from China with 4.5 billion USD, increased by 2.1% compared to the same period last year; from Korea with 2.56 billion USD, down 39.9%; from Japan with 1.8 billion USD, up 2.5%...

Fabrics: the import turnover of fabrics in May reached 1.35 billion USD, up 23.2% over the previous month, bringing the import value of this commodity group in the five months of 2018 to reach 5.13 billion USD, an increase of 14.5% compared to the same period last year.

China is the main market for exporting all kinds of fabrics to Vietnam in the first 5 months of 2018 with 2.8 billion USD, up 18.3% over the same period last year; South Korea with 876 million USD, up 9.2%; Taiwan with 679 million USD, up 3.7%; ...

Phones and accessories: The import turnover of this group in May reached 808 million USD, down 15.9% over the previous month, bringing the import value of this group in five months from the beginning of 2018 to 5.12 billion USD.

The phones and accessories are mainly imported from China with 3.13 billion USD, up 17.3% over the same period last year; from Korea with 1.68 billion USD, down 11.2%; ...

Iron and steel: in May, the import turnover of this commodity group was 1.41 million tons, worth 1.02 billion USD, up 21.2% in volume and 21% in value. By the end of May, the import of iron and steel reached 5.68 million tons, worth 4.06 billion USD, down 16.7% in volume but up 1.9% in value compared to the same period last year.

The iron and steel products in the first five months of 2018 were mainly imported from China with 2.61 million tons, worth 1.87 billion USD, down 21.5% in volume and down 0.2% in value compared to the same period last year; from Japan with 902 thousand tons, worth 630 million USD, down 7.2% in volume but up 8.2% in value; from South Korea with nearly 743 thousand tons, worth 601 million USD, up 5.3% in volume and 19.5% in value…

Petrol: The total import of petroleum in May was 1.26 million tons, worth 873 million USD, up 28.7% in volume and 38.3% in value over the previous month, bringing the total import of petroleum in 5 months of 2018 to reach 5.7 million tons, worth 3.71 billion USD, an increase of 13.8% in volume and 38.6% in value compared to the same period last year.

The petrol imported into Vietnam in the first five months of 2018 was mainly from Malaysia with 1.74 million tons, valued at 1.05 billion USD, an increase of 76.4% in volume and 132.3% in value; from Korea with 1.4 million tons, worth 996 million USD, up 15.4% in volume and 31.1% in value; from Singapore with 1.3 million tons, valued at 786 million USD, down 40% in volume and 24.7% in value... compared to the first 5 months in 2017.

Plastic materials: the import turnover in May of this group reached 477 thousand tons, valued at 778 million USD, an increase of 26.4% in volume and 23.4% in value over the previous month, bringing the import turnover in the first five months of 2018 of this group to nearly 2.2 million tons, worth 3.56 billion USD, up 10.9% in volume and up 18.6% in value compared to the same period last year.

The plastic materials imported in the first five months of the year mainly originated from the Korean market with 381 thousand tons, valued at 653 million USD, up 5.7% in volume and 10.6% in value over the same period last year; from the United Arab Emirates with 424 thousand tons, worth 538 million USD, up 13.5% in volume and up 24.4% in value; from Taiwan with 303 thousand tons, worth 500 million USD, up 15.3% in volume and up 19.9% in value....

Other base metals: the import turnover of this group in May reached 149 thousand tons, worth 587 million USD, an increase of 15.1% in volume and 16.2% in value. In 5 months of 2018, the import of other base metals reached 767 thousand tons, worth 2.84 billion USD, up 0.8% in volume and 17.9% in value over the same period last year.

The base metals imported in the first five months of the year were mainly originated from South Korea with 158 thousand tons worth 634 million USD, down 5% in volume but up 7.2% in value; from China with 135 thousand tons, worth 493 million USD, down 21.9% in volume but up 11.8% in value; ...

Raw materials for textiles, leather and footwear: the import turnover of this group reached 582 million USD last month, an increase of 17% compared to the previous month, bringing the import value in the first five months to 2.33 billion USD, up 3.4% over the same period last year.

In the first 5 months of 2018, Vietnamese enterprises imported this commodity group mainly from China with 880 million USD, increasing by 2.2%; from Korea with 301 million USD, down 2.9%; from Taiwan with 195 million USD, down 9.4% over the same period last year.

Plastic products: the import value of this group was 519 million USD, an increase of 24.8% compared to the last month, bringing the import value of this group in the first 5 months to 2.31 billion USD, increasing by 12.2% compared to the same period last year.

The plastic products imported in the first five months of the year were mainly from China with 830 million USD, up 22.4% over the same period last year; from Korea with 668 million USD, up 4.7%; from Japan with 332 million USD, up 7.3%.

By Ha Nhi/ Ha Thanh