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Four import markets of tens of US$ billion

09:08 | 01/09/2022

VCN - All four largest import markets of Vietnam with a turnover of US$10 billion or more are in Asia.

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Chart. Thai Binh
Chart. Thai Binh

According to the General Department of Customs, from the beginning of the year to August 15, import turnover rose 14.78% or nearly US$30 billion year-on-year to US$231.37 billion.

In which, three groups with a turnover of US$10 billion or more include: computers, electronic products and components, reaching US$53.6 billion; machinery, equipment, tools and spare parts US$28.57 billion; and phones and components US$13 billion.

In the key commodity groups, machinery, equipment, tools and spare parts decreased by about US$500 million year-on-year, while the other two groups maintained high growth.

Notably, all four largest import markets of Vietnam with a turnover of US$10 billion or more are in Asia.

Of which, China continued to rank first with US$71.52 billion, up 13.5% and accounting for 33.1% of the country’s imports.

Followed by South Korea with US$38.16 billion, up 26.6%, accounting for 17.6%; Taiwan US$14.27 billion, up 19.7%, accounting for 6.6%; and Japan US$13.8 billion, up 9%, accounting for 6.4%.

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Most of Vietnam's imported goods come from key markets in Asia, especially the largest and important import groups such as computers, electronic products and components; machinery, equipment, tools and spare parts; raw materials for textile, leather and shoe industries; phones and components; and plastic materials.

By Thai Binh/ Huyen Trang