The major imported commodity groups in 2016

	5 commodity groups worth more than $US 10 billion
	Strengthening to control and manage imported rolled steel
	Preliminary assessment of Vietnam international merchandise trade performance in the first half of October, 2016

Illustrative photo.

In particular, the largest commodity group included machines, equipment, tools and spare parts (worth more than $US 28.37 billion), followed by computers, electronic products and accessories (worth more than $US 27.87 billion ); telephones and accessories (worth more than $US 10.56 billion) and fabrics (worth more than $US 10.48 billion).

Machines, equipment, tools and spare parts: The value of imported machines, equipment, tools and spare parts in December 2016 reached nearly $US 3.07 billion, an increase of 12.1% compared to the previous month. Accordingly, the turnover of this commodity group in 2016 was $US 28.37 billion, an increase of 2.9% compared to the same period last year and became the largest imported commodity group.

The markets supplying machines, equipment, tools and spare parts for Vietnam in 2016 mainly include: China with a turnover of nearly $US 9.28 billion, an increase of 2.8% compared to the same period last year; Korea with a turnover of $US 5.83 billion, an increase of 14.1% compared to the same period last year; and Japan with a turnover of nearly $US 4.17 billion, a decrease of 7.5% compared to the same period last year.

Computers, electronic products and accessories: The value of this imported commodity group in December 2016 reached nearly $US 2.51 billion, a decrease of 0.9% compared to the previous month. Accordingly, the turnover of this commodity group in 2016 was more than $US 27.87 billion, an increase of 20.5% compared to the same period last year.

In 2016, computers, electronic products and accessories were mainly imported from Korea with a turnover of more than $US 8.67 billion, an increase of 28.8% compared the same period last year; China with a turnover of nearly $US 5.92 billion, an increase of 13.7%; Taiwan with a turnover of nearly $US 3.16 billion, an increase of 44.1%; and Japan with a turnover of nearly $US 2.81 billion, an increase of 23.7%.

Telephones and accessories: The value of this imported commodity group in December 2016 reached more than $US 1 billion, a decrease of 1.2% compared to the previous month. Accordingly, the turnover of this commodity group in 2016 was nearly $US 10.56 billion, a decrease of 0.3% compared to the same period last year.

Telephones and accessories in 2016 were mainly imported from China with a turnover of more than $US 6.14 billion, a decrease of 11% compared to the same period last year and Korea with a turnover of nearly $US 3.58 billion, an increase of 18.4% compared to the same period last year.

Raw materials (including fabrics, materials for textile, garment, leather, footwear, fibers and cotton): The value of this imported commodity group in December 2016 reached nearly $US 1.68 billion, a decrease of 3.6% compared to the previous month. Accordingly, the turnover of this commodity group in 2016 was nearly $US 18.82 billion, an increase of 2.9% compared to the same period last year.

In 2016, raw materials were mainly imported from China with a turnover of more than $US 8.02 billion, an increase of 5.3% compared to the same period last year; Korea with a turnover of nearly $US 2.92 billion, an increase of 3%; and Taiwan with a turnover of $US 2.28 billion, a decrease of 2.3%.

Iron and steel: The volume of this imported commodity group in December 2016 reached more than 1.52 million tons, worth $US 771 million, an increase of 4.4% in volume and an increase of 8.2% in value compared to the previous month. Accordingly, the volume of this commodity group in 2016 reached nearly 18.37 million tons, worth nearly $US 4.81 billion, an increase of 26.7% in volume and 13.5% in value compared to the same period last year.

Iron and steel in 2016 were mainly imported from China with a volume of 10.85 million tons, worth more than $US 4.45 billion, an increase of 14.25% in volume and 7.1% in value compared to the previous year ; Japan with a volume of nearly 2.64 million tons, worth nearly $US 1.19 billion, an increase of 2.2% in volume and an increase of 6.4% in value; and Korea with a volume of more than 1.8 million tons, worth nearly $US 1.01 billion, an increase of 3.16% in volume and an increase of 3.37% in value.

Oil and petroleum: The volume of this imported commodity group in December 2016 reached nearly 1.34 million tons; worth $US 668 million, an increase of 28.2% in volume and an increase of 36.1% in value compared to the previous month. Accordingly, the volume of this commodity group in 2016 reached nearly 11.86 million tons, worth more than $US 4.94 billion, an increase of 18% in volume, but a decrease of 7.3% in value compared to the same period last year.

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Oil and petroleum in 2016 were mainly imported from Thailand with a volume of more than 1.5 million tons, worth $US 638 million, a decrease of 33.5% in volume and 44.9% in value compared to the same period last year; China with a volume of more than 1.04 million tons, worth $US 451 million, a decrease of 40.3% in volume and a decrease of 51% in value.