Major import commodity groups in 7 months of 2018

VCN - According to Customs statistics, Vietnam's imports in July 2018 reached US$ 20.95 billion, up 10% (up US$ 1.9 billion respectively) compared with the previous  month.
main import commodity groups in 7 months of 2018 Major import commodity groups in the first half of 2018
main import commodity groups in 7 months of 2018 Export turnover of 10 major export commodity groups reached over US$ 74 billion
main import commodity groups in 7 months of 2018 Main export categories in five months 2018
main import commodity groups in 7 months of 2018
Top 10 import groups in 7 months of 2018.

Of which, mobile phones of all kinds and electronic components increased sharply with an import turnover of US$ 528 million; Computers, electronic products and components increased US$ 219 million, Machinery, equipment and part thereof increased by US$ 142 million; and CBU cars increased by US $ 52 million. In addition, in July, 2018, some groups fell sharply, such as petroleum of all kinds reduced US$ 400 million and animal feed reduced US$ 140 million.

Imports of goods in seven months from the beginning of 2018 continued to increase 11.1% with 45/54 increased groups over the same period in 2017. The number of groups with import turnover of over US$ 1 billion were 27/54 groups; in particular, the top increases were the groups: coals of all kinds with an increase of 71.6%; scrap steel with 56.9%; normal metals with 35.6%; fiber and textile yarn with 33%; cotton with 32.7%; and petroleum with 31.6%., etc., compared to the same period last year.

Computers, electronic products and components is the group with the largest import value in 7 months of 2018.

Import value of this group in July 2018 reached US$ 3.38 billion, up 6.9% over the previous month. Accordingly, import turnover of this group in 7 months of 2018 reached US$ 23.15 billion, up 13.9% over the same period last year.

The largest export markets for computers, electronic products and components to Vietnam were South Korea with US$ 9.79 billion, up 18.4%; China with US$ 3.95 billion, up 3.4%; and Japan with US$ 2.12 billion, up 30.5%.

Machinery, equipment and spare parts: Import value of this group in July 2018 reached $ 2.94 billion, up 5.1% over the previous month. By the end of July, the import value of this commodity group was $ 18.87 billion, down 6.4% over the same period of 2017.

Machinery, equipment and spare parts in the first 7 months of 2018 were mainly imported from China with US$ 6.51 billion, up 4.1% over the same period last year; from South Korea with US$ 3.69 billion, down 37%; and from Japan with US$ 2.52 billion, down slightly 0.2% etc.

Mobile phones and components: the import value of this group in July 2018 reached US$ 1.4 billion, up 60.3% over the previous month. By the end of July, the import value of this group reached US$ 7.39 billion, down slightly by 0.6% over the same period of 2017.

Mobile phones and components in 7 months of 2018 were mainly imported from China with US$ 4.33 billion, up 11.3% and from South Korea with US$ 2.58 billion, down by 6.8% over the same period last year.

Fabrics of all kinds: the import turnover in July 2018 gained US$ 1.13 billion, down 1.1% over the previous month, bringing the import value of this group in the first seven months of 2018 to US$ 7.39 billion, up 14.4% over the same period last year.

Fabrics to Vietnam in 7 months 2018 were mainly imported from China with US$ 4.05 billion, up 18.2% over the same period last year; from South Korea with US$ 1.3 billion, up 9%; from Taiwan with US$ 932 million, up 3%; and from Japan with US$ 433 million, up 16.1 %.

Iron and steel of all kinds: the import turnover was 1.18 million tons, valued at US$ 879 million, down by 2.6% in volume and up slightly 0.1% in value. In 7 months 2018, the import this group reached US$ 8.05 million tons, worth US$ 5.8 billion, down by 10.4% in volume but up slightly 10.4% in value over the same period in 2017.

In 7 months 2018, China continued to be the largest export market for iron and steel for Vietnam with nearly 3.88 million tons, worth more than US$ 2.77 billion, down by 13.3% in volume, but up by 10.5% in value over the same period last year. Japan ranked second with 1.29 million tons worth US$ 909 million, down 1 % in volume but up 15.6 % in value.

Petroleum of all kinds: the import volume in July, 2018 reached over 820 thousand tons, valued at US$ 558 million, a sharp drop of 41.7% in volume and 41.8% in value compared to the previous month, bringing the import of petroleum products in 7 months of 2018 to 7.8 million tons, valued at US$ 5.2 billion, up 3.9% in volume and 31.6% in value over the same period last year.

Petroleum products were mainly imported to Vietnam in 7 months of 2018 from Malaysia with 2.2 million tons, up 50.5%; from South Korea at 1.97 million ton, up 11.6 % against the seven months of 2017. Particularly, petroleum imported from Singapore in the past 7 months decreased sharply with only 1.81 million tons, down 40.5% over the same period last year.

Plastic materials: the import turnover in July 2018 of this group gained 432 thousand tons, worth US$ 720 million, down 4.3% in volume and 3.4% in value compared to the previous month. By the end of July, 2018, the import value of this group reached 3.09 million tons, worth US$ 5.04 billion, up 8.4% in volume and 18% in value over the same period last year.

Imported plastic materials in July 201* were originated from South Korea with 432 thousand tons, worth US$ 720 million, down 4.3% in volume and 3.4% in value compared to the previous month. By the end of July, 2018, the import value of this commodity group reached 3.09 million tons, worth US$ 5.04 billion, up 8.4% in volume and 18% in value over the same period last year.

Imported plastic materials in the first 7 months of 2018 were mainly originated from South Korea with 535 thousand tons, valued at US$ 925 million, up 4.1% in volume and 11.6% in value over the same period last year; from United Arab Emirates with 578 thousand tons, valued at US$ 740 million, up 4.5% in volume and up 16.8% in value; from Taiwan with 426 thousand tons, valued at US$ 707 million, up 11% in volume and up 18.6% in value.

Raw materials for textiles, leather and footwear: Imports in July 2018 reached US$ 502 million, up 2.1% over the previous month, bringing the import value in the first seven months of 2018 to US$ 3.32 billion, up by 3.7% over the same period last year.

In the first seven months of 2018, Vietnamese enterprises mainly imported this group from China with US$ 1.24 billion, up 3.9%; from Korea with US$ 456 million, down 1.6%; from Taiwan with US$ 266 million, down 9.3% over the same period in 2017.

Plastic products: Import value in July 2018 was US$ 496 million, up 4.3% against the previous month, bringing the import value of this commodity group in the first 7 months of 2018 to US$ 3.28 billion, up by 11.1 % compared to the same period last year.

Imported plastic products in the first seven months of 2018 mainly originated from China with US $ 1.16 billion, up 16.8% over the same period last year; from South Korea with US$ 975 million, up 9.1%; and from Japan with US$ 480 million, up 6.9%.

main import commodity groups in 7 months of 2018 Major import commodities in eleven months of 2017

VCN – Imports in eleven months of 2017 of 31 commodity groups with a turnover of over ...

Chemicals: Imports of this group in July 2018 was US$ 443 million, up 3.7% over the previous month, bringing the import value of this group in 7 months of 2018 to US$ 2.9 billion, up 26.7% % compared to the same period last year.

Imports of chemicals in the first seven months of 2018 were mainly originated from China with US$ 906 million, up 26.4% over the same period of 2017; from Taiwan with US$ 378 million, up 35.5%; and from South Korea with US$ 245 million, up 27.7% ...

By Ha Nhi/ Huyen Trang

Related News

Terminate Pilot Project on Importing Medicinal Herbs across Chi Ma Border Gate

Terminate Pilot Project on Importing Medicinal Herbs across Chi Ma Border Gate

VCN - On October 30, 2024, the Government issued Resolution No. 210/NQ-CP on terminating the Pilot Project on Importing Medicinal Herbs under Resolution No. 111/NQ-CP dated September 23, 2021 of the Government on implementing the Pilot Project on Importing Medicinal Herbs across Chi Ma Bilateral Border Gate (Lang Son).
Regulating goods across Huu Nghi International Border Gate during peak times

Regulating goods across Huu Nghi International Border Gate during peak times

VCN – In order to reduce the pressure on customs clearance of import and export goods for the international border gate pair during peak times, the management agency of Lang Son (Vietnam) has just discussed with the management authority of Pingxiang (China) to strengthen coordination in regulating the means of transporting goods of enterprises on both sides.

Latest News

Monthly aquatic exports top 1 billion USD again after 2 years

Monthly aquatic exports top 1 billion USD again after 2 years

Monthly aquatic exports have exceeded 1 billion USD again in October after more than two years, signaling a rosy future for the industry, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
EU partners no longer

EU partners no longer 'lenient', Vietnam must adapt through ESG policies

VCN - Legal and economic experts are calling for Vietnam to revamp its policies to align with stringent sustainable development requirements set by European Union (EU) partners.
Changes in Canada

Changes in Canada's trade defense laws

VCN - Canada - a major trading partner of Vietnam - is making many changes in its trade defense investigation regulations, which has a significant impact on Vietnam's export activities.
Import and export are expected to reach 800 billion USD

Import and export are expected to reach 800 billion USD

VCN - Although the import and export turnover of goods slowed down in September 2024, in general, import and export activities, especially exports, still grew positively in the first 9 months of 2024. It is expected that import and export of goods in 2024 will reach a record of 800 billion USD.

More News

Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Rice exports likely to set new record in 2024

Rice exports likely to set new record in 2024

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.
Vietnamese goods conquer halal market through trust and quality

Vietnamese goods conquer halal market through trust and quality

VCN - According to the Ministry of Agriculture and Rural Development, Vietnam's capacity to export over 50 billion USD worth of agricultural products annually, coupled with established supply chains, provides a significant advantage for Vietnamese agricultural and aquatic products to penetrate the Halal market.
Exporters urged to have strategies to take advantage of UKVFTA for expansion

Exporters urged to have strategies to take advantage of UKVFTA for expansion

The UK is concerned by sustainable development, labour issues, environmental protection and social responsibility. Therefore, when exporting to the UK, enterprises should not just be concerned about being competitive in terms of price and quality.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Vietnam and UAE trade sees billion-dollar growth

Vietnam and UAE trade sees billion-dollar growth

VCN - According to General Department of Vietnam Customs by the end of September 2024, bilateral trade between Vietnam and the United Arab Emirates (UAE) reached nearly US$5 billion, an increase of more than US$1.4 billion over the same period last year.
Sharing responsibility for ensuring security and safety of the supply chain

Sharing responsibility for ensuring security and safety of the supply chain

VCN – Post - clearance audit is carried out in a planned, focused and key manner, avoiding widespread and ineffective inspections, thereby creating convenience for the business community and improving the effectiveness of state management of customs.
Many factors affecting tuna exports in the last months of the year

Many factors affecting tuna exports in the last months of the year

VCN - Tensions between Israel and Iran escalate, tuna businesses are worried, they may have to stop export orders to the Israeli market in the last months of the year.
Vietnam still dominates Philippine rice import

Vietnam still dominates Philippine rice import

Vietnam continues to assert its dominance as the top rice exporter to the Philippines, with 2.91 million tonnes shipped as of the late October, or over 79% of the Philippines' total rice imports, according to the Vietnam Trade Office in the Philippines.
Read More

Your care

Latest Most read
Monthly aquatic exports top 1 billion USD again after 2 years

Monthly aquatic exports top 1 billion USD again after 2 years

Monthly aquatic exports have exceeded 1 billion USD again in October after more than two years, signaling a rosy future for the industry, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
EU partners no longer

EU partners no longer 'lenient', Vietnam must adapt through ESG policies

Legal and economic experts are calling for Vietnam to revamp its policies to align with stringent sustainable development requirements set by European Union (EU) partners.
Changes in Canada

Changes in Canada's trade defense laws

VCN - According to the Vietnam Trade Office in Canada, as of September 2024, Canada has initiated nineteen trade defense investigations on Vietnamese export goods, including twelfth anti-dumping (AD) cases, five anti-subsidy cases and two defense cases.
Import and export are expected to reach 800 billion USD

Import and export are expected to reach 800 billion USD

VCN - At the regular Government meeting in September 2024, Minister of Industry and Trade Nguyen Hong Dien assessed: import and export continued to be a bright spot, recording a positive recovery compared to the same period last year.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Mobile Version