Main imports in the first 2 months of 2017
Vietnam requests Australia roll back ban on shrimp imports | |
Vietnam halts US poultry imports to prevent bird flu spread | |
The trade surplus of more than $US 370 million to Japan in early 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.
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.
Related News
To maintain its billion-dollar export position, forestry and fisheries enterprises propose additional credit limits
06:15 | 28/04/2024 Import-Export
Risk prevention solutions for processing and export manufacturing businesses
07:52 | 29/04/2024 Regulations
Latest News
Central Highlands needs to develop border gate economic zones for higher export
16:41 | 29/04/2024 Import-Export
RoK burgeoning market for Vietnam’s agro-forestry-fisheries exports
16:37 | 29/04/2024 Import-Export
Developing a strong brand contributes to increased export revenue
07:49 | 29/04/2024 Import-Export
Export turnover reaches over US$200 billion in the first half of April
15:04 | 28/04/2024 Import-Export
More News
Experts call for efforts in protecting IP rights
15:02 | 28/04/2024 Import-Export
Policies needed to encourage e-commerce to embrace circular economy
15:00 | 28/04/2024 Import-Export
Efforts to supply US $ one billion of raw materials and cosmetics to replace imported goods
06:14 | 28/04/2024 Import-Export
Ample room for Quang Ninh to attract FDI
19:47 | 27/04/2024 Import-Export
Vietnam’s rice exports may exceed 2024 target
19:46 | 27/04/2024 Import-Export
Opportunity for exporting to Thailand market
14:48 | 27/04/2024 Import-Export
Enterprises want clearer regulations on seafood production
14:05 | 26/04/2024 Import-Export
Vietnam ranks fifth among aquatic product suppliers for Singapore
13:53 | 26/04/2024 Import-Export
Forum seeks to increase PPP investment effectiveness
13:48 | 25/04/2024 Import-Export
Your care
Central Highlands needs to develop border gate economic zones for higher export
16:41 | 29/04/2024 Import-Export
RoK burgeoning market for Vietnam’s agro-forestry-fisheries exports
16:37 | 29/04/2024 Import-Export
Developing a strong brand contributes to increased export revenue
07:49 | 29/04/2024 Import-Export
Export turnover reaches over US$200 billion in the first half of April
15:04 | 28/04/2024 Import-Export
Experts call for efforts in protecting IP rights
15:02 | 28/04/2024 Import-Export