Main imports in the first 2 months of 2017

VCN- Imports of goods in the first 2 months of 2017 increased sharply by 23.3% compared to the same period in 2016. Specifically, the 10 largest imports reached more than $US 18.22 billion, accounting for 64.5% of total import turnover of Vietnam.
main imports in the first 2 months of 2017 Vietnam requests Australia roll back ban on shrimp imports
main imports in the first 2 months of 2017 Vietnam halts US poultry imports to prevent bird flu spread
main imports in the first 2 months of 2017 The trade surplus of more than $US 370 million to Japan in early 2017
main imports in the first 2 months of 2017
Imports of goods in the first 2 months of 2017 increased sharply by 23.3% compared to the same period in 2016.

The largest imports were machinery, equipment, tools and spare parts, accounting for 17.1%; the second largest imports were computers, electronic products and components with a proportion of 16.3%; followed by telephones and accessories with a proportion of 6.3%.

Machinery, equipment and spare parts: The import turnover of this commodity group in the first 2 months of 2017 increased sharply compared to the same period in 2016. Specifically, in February 2017, Vietnam imported machinery, equipment and spare parts were worth more than $US 2.51 billion, an increase of 7.5% compared to the previous month. Thus, the total import turnover of this commodity group in the first 2 months of 2017 reached nearly $US 4.82 billion, an increase of 30.8% compared to the same period in 2016.

Machinery, equipment and spare parts in the first 2 months of 2017 were mainly imported from China with a turnover of nearly $US 1.5 billion, an increase of 26.7% compared to the same period in 2016. Imports from South Korea reached $US 1.31 billion, an increase of 83.5% compared to the same period in 2016; and imports from Japan reached $US 676 million, an increase of 15.5% compared to the same period in 2016.

Computers, electronic products and components: In the first 2 months of 2017, this commodity group increased by 18.4% compared to the same period in 2016. Specifically, in February 2017, Vietnam imported computers, electronic products and components worth $US 2.49 billion, an increase of 16.9% compared to the previous month. Thus, the import turnover in the first 2 months of 2017 reached more than $US 4.61 billion.

In the first 2 months of 2017, computers, electronic products and components were mainly imported from South Korea with a turnover of $US 1.52 billion, an increase of 24.5% compared to the same period in 2016. Imports from China reached $US 983 million, an increase of 29.6% compared to the same period in 2016; and imports from Taiwan reached $US 492 million, an increase of 15.6% compared to the same period in 2016.

Phones and accessories: The import turnover of this commodity group in February 2017 reached $US 955 million, an increase of 14.5% compared to the previous month. Thus, the import turnover of this commodity group in the first 2 months of 2017 reached more than $US 1.79 billion, an increase of 18.6% compared to the same period in 2016.

Phones and accessories were mainly imported from China with a turnover of nearly $US 1.01 billion, an increase of 4.6% compared to the same period in 2016; and imports from Korea reached $US 583 million, an increase of 26% compared to the same period in 2016.

Iron and steel: In the first two months of 2017, the imports of this commodity increased by 49.3% in value, but only increased by 0.2% in volume compared to the same period in 2016. Specifically, the imports of iron and steel reached $US 232 million, an increase of 22.9% in volume and 25.3% in value compared to the previous month. Thus, the import turnover of iron and steel in the first 2 months of 2017 reached nearly 2.74 million tons, worth more than $US 1.49 billion.

Iron and steel in the first 2 months of 2017 were mainly imported from China with a turnover of more than 1.53 million tons, worth $US 786 million, an increase of 7.6% in volume and an increase of 61.8% in value compared to the same period in 2016. Imports from South Korea reached 304 thousand tons, worth $US 202 million, an increase of 17.8% in volume and an increaser of 57.3% in value. Imports from Japan reached 334 thousand tons, worth $US 197 million, a decrease of 1.2% in volume and a decrease of 36.8% in value.

Fabrics: The import turnover of this commodity good in February 2017 reached $US 692 million, an increase of 4.5% compared to the previous month. Thus, the import value of this commodity group in the first 2 months of 2017 reached $US 1.35 billion, an increase of 3.5 % compared to the same period in 2016.

Fabrics were mainly imported from China with a turnover of $US 671 million, an increase of 0.2% compared to the same period in 2016. Imports from South Korea reached $US 276 million, an increase of 11.3% compared to the same period in 2016. Imports from Taiwan reached $US 198 million, an increase of 2.4% compared to the same period in 2016.

main imports in the first 2 months of 2017 On 15 February, 2017: More than $US 1.21 billion of trade deficit

VCN - According to statistical data on imports and exportsannounced by the General Department of Customs, on ...

Plastic materials: The import turnover of this commodity in Februrary 2017 reached 404 thousand tons, worth $US 586 million, an increase of 31.3% in volume and an increase of 30.9% in value compared to the previous month. Thus, the import turnover of this commodity group in the first 2 months of 2017 reached 712 thousand tons, worth more than $US 1.03 billion, an increase of 23.7% in volume and an increase of 33.7% in value compared to the same period in 2016.

By Ha Nhi/ Hoang Anh

Related News

Consulting on customs control for e-commerce imports and exports

Consulting on customs control for e-commerce imports and exports

VCN- The General Department of Vietnam Customs (GDVC) consults widely on the draft Decree regulating customs control for e-commerce imports and exports.
Customs administrations coordinate to seize nearly 20,000 endangered wildlife

Customs administrations coordinate to seize nearly 20,000 endangered wildlife

VCN – About 20,000 live animals, all endangered or protected species, have been seized in a global operation against wildlife and forestry trafficking networks, jointly coordinated by the World Customs Organization (WCO) and INTERPOL.
Hai Phong Customs’ revenue rises about VND 1,000 billion

Hai Phong Customs’ revenue rises about VND 1,000 billion

VCN- In the first month of the year, Hai Phong Customs' revenue increased by nearly VND1,000 billion.
Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

VCN - Data from the General Department of Vietnam Customs indicates a softening of both exports and imports in January 2025, relative to the same month in 2024.

Latest News

Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.

More News

Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Rice export prices drop, but decline expected to be short-term

Rice export prices drop, but decline expected to be short-term

Việt Nam’s rice export prices have declined, reaching their lowest level in three years.
Key agro products expected to maintain export growth this year

Key agro products expected to maintain export growth this year

At present, agricultural exports, such as rice, coffee and seafood, have steadily secured a stable place in major global markets.
EU issues 12 warnings against Việt Nam’s food and agricultural exports

EU issues 12 warnings against Việt Nam’s food and agricultural exports

The Việt Nam SPS Office has reported that some Vietnamese export products failed to meet the EU’s stringent standards.
Việt Nam to impose VAT on low-value express-imported goods

Việt Nam to impose VAT on low-value express-imported goods

Việt Nam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped via express delivery.
Exchange rate risks need attention in near future

Exchange rate risks need attention in near future

VCN - Exchange rate developments in 2025 are considered to be quite complicated due to US policies related to trade and investment.
Market edges up slightly as liquidity remains low

Market edges up slightly as liquidity remains low

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.
Business regulations must be trimmed for development of enterprises: Experts

Business regulations must be trimmed for development of enterprises: Experts

The General Statistics Office (GSO)'s socio-economic report for January 2025 reveals that while over 33,400 newly established or resumed businesses entered the market - marking a 15% increase compared to January 2024 - more than 58,300 businesses withdrew from the market, representing a growth of 8.1% on year.
Vietnam's agricultural product exports shine in 2024

Vietnam's agricultural product exports shine in 2024

The agricultural sector wrapped up 2024 with 62.4 billion USD in export turnover, marking an 18.5% increase against 2023, while achieving a record trade surplus of 18.6 billion USD, surging 53.1%.
Read More

Your care

Latest Most read
Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.
Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Mobile Version