Import turnover of 19 commodity groups grows over 20%

	Export-import turnover of agro-forestry-aquatic products down 5.9%
	Import turnover of Mobile phones and components drops US$ 12 billion

Goods are imported from China across Bac Luan II Border Gate, Mong Cai City, Quang Ninh. Photo: T.B

According to the General Department of Vietnam Customs, in the first two months of 2024, the total import turnover of the country increased by 17.1% year-on-year to US$ 54.21 billion. The result is only lower than the record increase of the same period in 2022.

The import turnover of 41 out of 52 major commodity groups increased, especially 19 product groups achieved growth rates of over 20%.

Computers, electronic products and components are the largest imported goods group with a turnover in the first two months of the year at US$15.64 billion, an increase of 25% (equivalent to an increase of US$3.13 billion) over the same period last year.

The import turnover of the product group from Chinese market rose 55.4% to US$4.74 billion; from Korea increased by 11% to US$ 4.4 billion; from Taiwan (China) grew 14.9% to US$ 1.91 billion; from Japan went up 6.4% to US$ 1.41 billion…

The import turnover from machinery, equipment, tools, and spare parts increased by 17.2% year-on-year to US$ 6.56 billion. In the first two months of the year, the commodity group were imported mainly from China with the import turnover at US$ 3.85 billion, up 43.2%; from Korea at US$ 810 million, down 8.9%; from Japan at US$585 million, down 10%...

The volume of fuel group (including coal, crude oil, petroleum of all kinds and liquefied petroleum gas) surged13.52 million tons, with total turnover reached US$4.2 billion, an increase of 51.3% in volume and 6% in turnover compared to the same period previous year... The commodity group are mainly imported from markets such as Indonesia, Australia, Russia, Malaysia, Korea, Singapore...