Vietnam spent 121 billion USD to import goods, China accounted for nearly a thhird

	New points about list of import goods must be carried out procedures at entry gate
	Over $US 66 billion worth of imported goods from China and Korea
	HCM City Customs: The volume of export-import goods under screening increases.

Market share structure from three major markets in Asia in total import turnover in the first six months of 2019. Chart: T.Binh.

55.4 percent of turnover from China, South Korea, Japan

In June, the total import turnover of the whole country reached 19.49 billion USD, down 15.9 percent, equivalent to 3.7 billion USD compared to the previous May.

In particular, a sharp decline in computers, electronic products and components of 510 million USD was recorded, machinery, equipment, tools and spare parts reduced 456 million USD, fabrics of all kinds decreased by 252 million USD, and petrol and oil fell 212 million USD.

By the end of June, the country's import value of goods reached 120.94 billion USD, up to 9.88 billion USD, corresponding to an increase of 8.9 percent compared to the first two quarters of 2018.

In terms of regional markets, in Asia, Asia accounted for an overwhelming market share with 80.4 percent of the country's import turnover in the first six months of this year.

Notably, China, the largest market, accounted for 29.5 percent of the country's total import turnover with the figure of 35.7 billion USD, up 18.2 percent compared to the same period of 2018.

Another major market located in Asia was South Korea with a turnover of 22.5 billion USD, accounting for 18.6 percent market share.

Japanese market reached 8.8 billion USD, accounting for 7.3 percent.

Thus, only three major markets in Asia accounted for 55.4 percent of the total import turnover in the country in the first six months.

However, unlike the strong growth of the Chinese market, in the first six months of the year, import turnover from Korea and Japan decreased compared to the same period in 2018 with the figures of 0.8 percent and - 0.7 percent.

In Asia, Vietnam also imports many goods from ASEAN. In the first six months, ASEAN markets supplied 16 billion USD worth of goods, accounting for 13.3 percent of the country's import turnover, up 4.6 percent over the same period in 2018.

In the remaining regions, Vietnam imported 10.7 billion USD of goods from the Americas, accounting for 8.9 percent market share.

European market reached 8.7 billion USD, equivalent to 7.2 percent market share, of which the European Union alone accounted for 6.9 billion USD, equivalenequalt to 5.7 percent.

Oceania reached 2.5 billion USD, accounting for 2.1 percent; Africa reached 1.8 billion USD, accounting for 1.5 percent.

24 "billion USD" commodity groups

By the end of June, there were 24 main commodity groups exceeding 1 billion USD, accounting for 83 percent of the total import value of the whole country including three product groups with turnover from 10 billion USD.,Of which computers, electronic products and components were the largest group with turnover of 23.9 billion USD, up 18.9 percent over the same period last year.

The main markets that supply this group include: Korea with a turnover of 8.61 billion USD, a slight increase of 0.5 percent compared to the same period last year. China is second with 5.84 billion USD, up 69.8 percent; Taiwan with 2.42 billion USD, up by 38.4 percent; US market with 2.2 billion USD, up 48.6 percent.

Machinery, equipment, tools and spare parts are the second largest import group with total turnover of 17.65 billion USD, up 13.2 percent.

Machinery, equipment, tools and spare parts imported in the first half of 2019 originated mainly from China with a turnover of 6.75 billion USD, up 26.1 percent; South Korea reached 3.22 billion USD, up 6.8 percent; Japan reached 2.29 billion USD, up 6.3 percent...

The group of textile and garment materials, leather, shoes (cotton, textile fibers, fabrics, textile materials, garments, leather and shoes) is the third group "tens of billion USD" with a turnover of 12.2 billion USD, up 3.4 percent.

Raw materials for textile, garment, leather and shoes imported to Vietnam mainly come from China with a value of 5.64 billion USD, up 10.6 percent; South Korea with 1.51 billion USD, down 3.9 percent; United States with 1.28 billion USD, up 21.8 percent; Taiwan market reached 1.19 billion USD, down 2.4 percent.

In addition, many other large import groups had a large growth rate over the same period in 2018, including crude oil and automobiles.

In particular, crude rose by 1.48 billion USD, corresponding to an increase of nearly 3.5 times; CBU cars increased by 1.35 billion USD, corresponding to an increase of 5.1 times compared to the same period in 2018.

Thanks to high turnover, two groups of crude oil and automobiles contributed significantly to the budget revenue of Customs.