Key import groups in November, 2016

VCN - According to Customs statistics, the import turnover of 10 key groups reached $US 99.86 billion and accounted for 63.6% of the whole country’s total import turnover in the first ten months of 2016. In which, the largest group was computers, electronics and accessories ($US 25.33 billion); and the following groups were machines, equipments, tools and other spare parts ($US 25.24 billion); telephones and accessories ($US 9.56 billion) and clothes ($US9.55 billion).
key import groups in november 2016 Preliminary assessment of Vietnam international merchandise trade performance in September and the 9 months of 2016
key import groups in november 2016 Preliminary assessment of Vietnam international merchandise trade performance in the first half of October, 2016
key import groups in november 2016 Severely handling cases of temporary import for re-export for smuggling
key import groups in november 2016

Exporting market structure of materials to Vietnam in the first eleven months of 2016

Computers, electronics and accessories: the import turnover of the group in November, 2016 was $US 2.53 billion, declined by 6.5% compared to the previous month. In the first eleven months of 2016, the whole country’s import turnover reached $US 25.33 billion, up by 18.5%; in which the import turn over of FDI enterprises was $US 23.4 billion, up by 19.2% and the import turnover of the domestic enterprises was $US 1.93 billion, up by 11.3% compared to the same period in 2015.

Korea continued to be as the largest market supplying this group for Vietnam with the import value of $US 7.94 billion, up by 26.3% and the following markets were China with the import value of $US 5.36 billion, up by 12.1%; Taiwan with the import value of $US 2.9 billion, up by 43.4%; Japan with the import value of $US 2.54 billion, up by 20.7% and US with the import value of $US 1.97 billion, up by 50%, etc compared to the same period of 2015.

Machines, equipments, tools and other spare parts: the import turnover of the group in November, 2016 was $US 2.74 billion, increased by 14.8% compared to the previous month, thereby increasing the import value in the first eleven months of 2016 to $US 25.24 billion, slightly increased by 0.7% compared to the first eleven months of 2015. The import value of FDI enterprises was $US 13.85 billion, down by 11.6% and the import value of the domestic enterprises was $US 11.4 billion, up by 21.1% compared to the same period in 2015.

China continued to be the largest market supplying this group for Vietnam in the first eleven months of 2016 with the import value of $US 8.27 billion, up by 1.5% and the following markets were Korea with import value of $US 5.12 billion, up by 9.51%; Japan with the import value of $US 3.72 billion, down by 10.7% and Germany with the import value of nearly $US 1.2 billion, up by 9.1% compared to the same period of 2015.

Telephones and accessories:import turnover in November, 2016 reached more than $US 1.01 billion, up by 0.4% compared to the previous month. Thereby, bringing the import turnover of this group in November, 2016 to nearly $US 9.56 billion, down by 3.9% compared to the same period in 2015.

The major markets supplying telephones and accessories for Vietnam in the first eleventh months of 2016 were: China with the turnover of nearly $US 5.51 billion, down by 14.6%; and Korea with the turnover of nearly $US 3.32 billion, up by 16.1% compared to the same period in 2015.

Materials (including cloths, materials for textiles and apparel, leather, shoes, fiber, cotton): reached nearly $US 1.34 billion of import turnover in November, 2016. Thereby, bringing the import turnover of this group in the first eleven months of 2016 to nearly $US 16.17 billion, up by 2.1% compared to the same period in 2015.

The major markets supplying materials for Vietnam in the first eleven month of 2016 were: China with the turnover of more than $US 7.3 billion, up by 4.5%; Korea with the turnover of more than $US 2.63 billion, up by 2% and Taiwan with the turnover of more than $US 2.09 billion, up by 2.4 % compared to the same period in 2015.

Iron and Steel: the import volume of iron and steel in the first eleven months of 2016 was 1.46 million tons worth $US 712 million, declined by 5.8% on the volume and 2% on the value compared to the previous month. Until November, 2016, the country’s total volume of imported iron and steel was 16.9 million tons, up by 22.5% on the volume. The average import price of iron and steel in the first eleven months of 2016 decreased 13.1%, so the import value was $US 7.25 billion, slightly increased 6.4% compared to the same period in 2015.

Iron and Steel imported to Vietnam during the first eleven months of 2016 from China was 9.9 million tons, up by 18%; Japan was 2.44 million tons, up by 7%; and Korea was 1.69 million tons, up by 6.5% compared to the same period in 2015.

Petrol and oil: the import volume of petrol and oil in November was nearly 1.04 million tons with the total import value of nearly $US 491 million, up by 22.1% on the volume and up by 23.6% on the value compared to the same period. Until November, 2016, the country’s total import value was 10.6 million tons with the import value of $US 4.3 billion, up by 16.9 % on the volume but down by 12.7% on the value compared to the same period in 2015.

key import groups in november 2016 On 15 December, 2016: Trade surplus of more than $US 2.59 billion

VCN – According to the statistics of import-export goods issued by the General Department of Customs, on ...

Petrol and oil imported to Vietnam during the first eleven months of 2016 mostly came from: Singapore with the volume of 3.73 million tons, up by 8.6%; Malaysia with the volume of 2.83 million tons, increased by 4 times; Korea with the volume of 1.6 million tons, increased by 5 times; Thailand with volume of 1.24 million tons, down by 28.6% and China with the volume of 968.000 tons, down by 34.2% compared to the first eleven months of 2015.

By Bao Ha/ Huyen Trang

Related News

Opportunity for exporting to Thailand market

Opportunity for exporting to Thailand market

VCN - Thailand and Vietnam strive to achieve the goal of US$25 billion in bilateral trade by 2025.
Vietnam

Vietnam's exports to Canada lead among CPTPP countries

VCN - Ms. Tran Thu Quynh, Commercial Counselor, Vietnam Trade Office in Canada shared with Customs Magazine about the picture of Vietnamese goods in Canada with a lot of potential that can be further exploited, and recommendations for businesses, along with activities deployed by the Trade Department to support businesses to conquer this attractive "billion dollar" market.
The supporting industrial enterprises transform for sustainable development

The supporting industrial enterprises transform for sustainable development

VCN - In supporting industry manufacturing enterprises (Support Industry), gradually "greening" production, green factories, clean raw materials, green energy... has become an inevitable trend, helping to meet the needs of customers. requirements to increase opportunities to enter the global value chain.
Many new regulations aim to drastically remove the IUU "Yellow Card"

Many new regulations aim to drastically remove the IUU "Yellow Card"

VCN - Many new regulations against illegal, unreported, unregulated (IUU) fishing have been issued to help Vietnam complete the legal framework and soon remove the IUU "Yellow Card" in 2024.

Latest News

More businesses to join Vietnam E-Pavilion

More businesses to join Vietnam E-Pavilion

The Ministry of Industry and Trade (MoIT) will collaborate with Alibaba to increase the number of prominent businesses selected to join the Vietnam E-Pavilion to 300, providing opportunities for enterprises to access millions of consumers worldwide through Alibaba.com's extensive customer network.
Cooperatives urged to focus on branding to expand exports of organic tea

Cooperatives urged to focus on branding to expand exports of organic tea

Cooperatives have been advised to focus on branding and improving product quality to expand tea exports to highly-demanding markets, especially organic tea products.
Seafood enterprises encounter problems with specialized inspection

Seafood enterprises encounter problems with specialized inspection

VCN - Seafood businesses are facing problems related to food safety certificates (H/C) of seafood raw materials imported from New Zealand for processing and export to the EU.
Three groups of export commodities achieved billions of USD

Three groups of export commodities achieved billions of USD

VCN - The result of exports is showing positive signs, especially many groups of commodities increased by over a billion USD compared to the same period in 2023.

More News

Speed up the process of issuing "passports" for durian exports

Speed up the process of issuing "passports" for durian exports

VCN - The growing area code is considered a passport for Vietnamese agricultural products, including durian, to trace the origin of the product and ensure products meet food safety and hygiene quality, demonstrating the exporting country's responsibility in production.
Vietnamese pomelo likely to be exported to Australia

Vietnamese pomelo likely to be exported to Australia

The import of Vietnamese fresh pomelo into the Australian market may be allowed if the product meets the Oceanian country's biosecurity conditions, said the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam).
Take advantage of E-commerce leverage for export.

Take advantage of E-commerce leverage for export.

VCN - Exporting via e-commerce is gradually becoming popular and becoming a trend that many businesses are interested in.
Central beach city to lure investment from potential partners

Central beach city to lure investment from potential partners

The central hub will welcome all investors planning for investment expansion or fund flow moves in the region.
Vietnam to have enough 8 million tonnes of rice for export

Vietnam to have enough 8 million tonnes of rice for export

Vietnam’s rice output is expected to reach 43 million tonnes in 2024, which is able to ensure domestic consumption and export demand of more than 8 million tonnes, according to the Ministry of Agriculture and Rural Development.
Binh Duong: Fertile ground for logistics businesses

Binh Duong: Fertile ground for logistics businesses

VCN - With its strategic geographical location and strong infrastructure development, Binh Duong is considered fertile ground for businesses to invest in and operate logistics services.
Some 51,600 new firms established in four months

Some 51,600 new firms established in four months

As many as 51,600 new enterprises with total registered capital of nearly 508 trillion VND (20 billion USD) were established in the first four months of 2024, representing year-on-year increases of 3.4% in the number of businesses and 9.3% in the capital, according to the General Statistics Office (GSO).
Agro-forestry-aquatic product exports post trade surplus of 4.74 billion USD in four months

Agro-forestry-aquatic product exports post trade surplus of 4.74 billion USD in four months

Vietnam’s agro-forestry-aquatic product exports raked in some 19.06 billion USD in the first four months of 2024, up 23.7% year-on-year, the Ministry of Agriculture and Rural Development (MARD) reported.
Enhance the core values of the national brand

Enhance the core values of the national brand

VCN - Vietnam is always considered one of the most dynamic and open economies in the world, the 4th largest economy in ASEAN and the 40th largest in the world. However, in the context of a highly competitive economy, the issue of branding is still a weakness of Vietnamese businesses.
Read More

Your care

Latest Most read
More businesses to join Vietnam E-Pavilion

More businesses to join Vietnam E-Pavilion

The Ministry of Industry and Trade (MoIT) will collaborate with Alibaba to increase the number of prominent businesses selected to join the Vietnam E-Pavilion to 300, providing opportunities for enterprises to access millions of consumers worldwide through Alibaba.com's extensive customer network.
Cooperatives urged to focus on branding to expand exports of organic tea

Cooperatives urged to focus on branding to expand exports of organic tea

Cooperatives have been advised to focus on branding and improving product quality to expand tea exports to highly-demanding markets, especially organic tea products.
Seafood enterprises encounter problems with specialized inspection

Seafood enterprises encounter problems with specialized inspection

VCN - However, from February 2024 until now when Decision 5523/QD-BNN-CCPT took effect, these similar shipments have not been granted H/C certificates for export to the EU.
Three groups of export commodities achieved billions of USD

Three groups of export commodities achieved billions of USD

The result of exports is showing positive signs, especially many groups of commodities increased by over a billion USD compared to the same period in 2023.
Speed up the process of issuing "passports" for durian exports

Speed up the process of issuing "passports" for durian exports

The growing area code is considered a passport for Vietnamese agricultural products, including durian, to trace the origin of the product and ensure products meet food safety and hygiene quality, demonstrating the exporting country's responsibility in pro
Mobile Version