Major import commodity groups in the first quarter of 2018

VCN- According to the trade statistics of the General Department of Vietnam Customs (GDVC), imports in the first quarter of 2018 increased by 13.3% compared to the same period in 2017, much lower than the export growth. Of which, 12 of 54 commodity groups reached an import turnover of over US$ 1 billion, accounting for 70% of total import turnover of the whole country.  Some commodity groups reached high increases such as computers, electronic products and components, petroleum products, other common metals, telephones and accessories.
major import commodity groups in the first quarter of 2018 Two more import commodity groups valued at $US 20 billion
major import commodity groups in the first quarter of 2018 The major import commodity groups in the first five months of 2017
major import commodity groups in the first quarter of 2018 HCMC Customs tightly controls price of 10 main import commodity groups
major import commodity groups in the first quarter of 2018

Import turnover of the 10 largest commodity groups in the first 3 months of 2018 compared to the same period in 2017.

Computers, electronic products and components: Import turnover of this commodity group in March 2018 was US $ 3.7 billion, up 22% over the previous month. Accordingly, bringing import turnover of this group in the first three months 2018 to US $ 10.42 billion, up 41.1% compared to the same period in 2017.

In the first three months of 2018, computers, electronic products and components were mainly imported from South Korea with a turnover of more than US$ 4.66 billion, increasing by 52.8% over the same period last year; from China with US$ 1.55 billion, increasing by 4.5% compared to the same period in 2017.

Machinery, equipment, tools and other spare parts: Import turnover of this commodity group in March 2018 reached US $ 2.72 billion, increasing by 32.4% compared to the previous month, bringing the import turnover of this commodity group in the first 3 months 2018 to US $ 4.87 billion, increasing by 5.3% compared to the same period in 2017.

In the first three months of 2018, machinery, equipment, tools and other spare parts were mainly imported from China with a turnover of nearly USD 2.53 billion, increasing by 0.6% over the same period last year; from Korea with a turnover of US $ 1.45 billion, decreasing by 27.2%; from Japan with a turnover of US$ 1.05 billion, increasing by 2.6% .

Telephones and accessories: import turnover of this commodity group in March 2018 reached US$ 981 million, up 37.9% over the previous month, bringing the import turnover of this commodity group in the first three months of 2018 to reach US$ 4 3.32 billion, up 13.1% over the same period in 2017.

Telephones and accessories were mainly imported from China with a turnover of nearly US$ 1.96 billion, increasing by 21.7% compared to the same period in 2017; from South Korea with a turnover of US$ 1.2 billion, increasing by 16.3%.

Fabrics: Import turnover of this group reached US$ 893 million in March 2018, up 21.1% over the previous month, bringing the import turnover of this commodity group in the first three months of 2018 to reach US $ 2.66 billion, an increase of 13.7% over the same period in 2017.

Fabrics were mainly imported from China with a turnover of US$ 1.39 billion, an increase of 16% compared to the same period in 2017; from South Korea with a turnover of US$ 492 million, increasing by 11.2%; from Taiwan with a turnover of US$ 372 million, increasing by 5%.


Iron and Steel: Import volume of this commodity group in March was 1.05 million tons, with a turnover of US$ 745,000 in volume and increase of 17.8% in value. In this quarter, the import volume reached 3.12 million tons valued at US$ 2.18 billion, decreasing by 25.4% in volume and 6.9% in value compared to the same period in 2017.

In the first three months of 2018, iron and steel were mainly imported from China with a turnover of over 1.12 million tons, valued at US $ 830 million, down 48.2% in volume and 28.6% in value compared to the same period in 2017; from Japan with 538 thousand tons, valued at US $ 367 million, down 0.5% in volume and up 15.2% in value; from South Korea with 428 thousand tons valued at US$ 345 million, up 3.2% in volume and 17.8% in value.

Petroleum products: Import volume of this commodity group reached 1.23 million tons valued at US $ 784 million, up 16.9% in volume and 18.4% in value over the previous month. Accordingly, bringing the import turnover of petroleum products in the first three months to reach 3.38 million tons, valued at US $ 2.18 billion, up 15.7% in volume and up 36.3% in value compared with in the same period in 2017.

In the first 3 month of 2018, petroleum products mainly imported from Malaysia with 1.12 million tons valued at US$ 628 million, increasing by 66.2% in volume and 100.6% in value compared to the same period in 2017; from South Korea with 916,000 tons valued at US$ 628 million, increasing by 27.1% in volume and 36.7% in value; from Singapore with 704,000 tons valued at US$ 421 million, decreasing by 36.5% in volume and 24.5% in value.

Plastics: Imports in March reached 487 thousand tons, valued at US $ 791 million, up 49.2% in volume and 53.2% in value over the previous month. Accordingly, bringing import turnover in the first three months of 2018 for this commodity group to 1.31 million tons, valued at US $ 2.06 billion, up 12.6% in volume and 20.9% in value over the same period last year.

In the first three months of 2018, plastics were imported mainly from South Korea with 277 thousand tons, valued at US $ 386 million, up 2.4% in volume and 34.6% in value compared to the same period in 2017; from the United Arab Emirates with 278 thousand tons valued at US$ 274 million, up 12.2% in volume and up 15.3% in value.

Other common metals: Imports in March reached 190 thousand tons, valued at US$ 680 million, up 104.1% in volume and up 68.5% in value. In this quarter, import volume of this commodity group reached 454 thousand tons valued at US$ 1.68 billion, up 18.6% in volume, but up 31.2% in value compared to the same period in 2017..

In the first 3 months common metals were mainly imported from Korea with 77 thousand tons valued at US$ 233 million, down 3% in volume and up 10.1% in value. In particular, imports from Mexico with 94 thousand tons, valued at US$ 175 million, while this commodity group were not imported from this market in 2017. Imports from China with 56 thousand tons, valued at US$ 166 million, down 37.9% in volume and 16.6% in value.

Plastic products: Imports in March was US$ 482 million, up 33.6% compared to the previous month, bringing the import turnover of this commodity group in the first three months to US$ 1.35 billion, up 15.1 % compared to the same period last year.

Plastic products were mainly imported from China with US$ 474 million, up 23% over the same period last year; from South Korea with US$ 416 million, up 14.1%; from Japan with US$ 191,000, up 9.8%.

major import commodity groups in the first quarter of 2018 The major import commodity groups in the first five months of 2017

VCN - The import turnover of the ten largest imported commodity groups in the first five months ...

Textiles and Garments, Leather and Footwear: Imports in March reached US$ 491 million, increasing by 56% compared to the previous month, bringing import turnover in the first 3 months to US$ 1.24 billion, increasing by 13.7% compared to the same period in 2017.

In the first 3 months of 2018, this commodity group was imported mainly from China with US$ 457 million, decreasing by 3%; from South Korea with US$ 159 million, decreasing by 7.7%; from Taiwan with US$ 107 million, decreasing by 10.5% compared to the same period in 2017.

By Ha Nhi/Ngoc Loan

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