Major import commodity groups in the first half of 2018

	Major import commodity groups in the first quarter of 2018
	33 import commodity groups each posts over US$1 billion in revenue
	Two more import commodity groups valued at $US 20 billion

10 largest import commodity groups in the first half of 2018

Of which, the import turnover of the 10 largest commodity groups reached over US$ 76 billion, accounting for 70% of total turnover of the country. Import turnover of the two commodity groups that are machinery, equipment, tools and other spare parts, and computers, electronic products and components, reached USD 35.7 billion, accounting for 32.2% of the total import turnover of the country.

Computers, electronic products and components: Import turnover of this commodity group in June 2018 reached US$ 3.17 billion, a decrease of 8.1% compared to the previous month. Thereby, bringing this commodity group’s import turnover in the first half of 2018 to US$ 19.77 billion, increasing by 14.7% compared to the same period in 2017.

The largest markets exporting computers, electronic products and components to Vietnam, included South Korea with turnover of US$ 8.49 billion, increasing by 22.2% compared to the same period in 2017; China with turnover of US$ 3.3 billion, increasing by 1.9%; Japan with turnover of US$ 1.77 billion, increasing by 25.1%.

Machinery, equipment, tools and other spare parts: Import turnover of this commodity group in June 2018 reached US$ 2.8 billion, decreasing by 8.5% compared to the previous month. As of the end of June 2018, import turnover of this commodity group was US$ 15.94 billion, down 8.5% compared to the same period in 2017.

In the first half of 2018, machinery, equipment, tools and other spare parts were mainly imported from China with turnover of US$ 5.5 billion, increasing by 3.3% compared to the same period in 2017; from South Korea with turnover of US$ 3.11 billion, decreasing by 41.3%; from Japan with turnover of US$ 2.15 billion, a slight increase of 0.2%.

Fabrics: Import turnover of this commodity group in May reached US$ 1.14 billion, decreasing by 16% compared to the previous month, bringing import turnover in the first half of 2018 to US$ 6.27 billion, increasing by 14.2% compared to the same period in 2017.

In the first half of 2018, fabrics were mainly imported from China with turnover of US$ 3.43 billion, up 18.2% compared to the same period in 2017; from South Korea with turnover of US$ 1.09 billion, increasing by 9.6%, from Taiwan with turnover of US$ 806 million, increasing by 2%.

Phones and accessories: Import turnover of this commodity group in June reached US$ 876 million, up 8.4% compared to the previous month. As of the end of June 2018, the import turnover of this group reached US$ 5.99 billion, increasing by 4% compared to 2017.

Phones and accessories were mainly imported from China with US$ 3.63 billion, increasing by 11.8% compared to the same period in 2017; from South Korea with US$ 2 billion, decreasing by 12.7%.

Iron and Steel: Import volume of this commodity group in June was 1.21 million tons valued at nearly US$ 879 million, decreasing by 14.4% in volume and 14% in value. In the first half of 2018, import volume was 6.88 million tons, valued at US$ 4.93 billion, decreasing by 12.9% in volume and increasing by 6.4% in value compared to the same period in 2017.

In the first half of 2018, China was the largest market exporting iron and steel to Vietnam with volume of 3.2 million tons, valued at US$ 2.32 billion, accounting for 47% in volume and value of Vietnam’s total iron and steel imports. Followed by Japan with volume of 1.1 million tons, valued at US$ 781 million, accounting for 16.2 % in volume and 15.8% in value.

Petroleum products: Import volume of petroleum products in June was 1.41 million tons, valued at US$ 959 million, up 11.9% in volume and down 9.8% in value compared to the previous month, bringing the import volume of petroleum products in June 2018 to 7.07 million tons, valued at US$ 4.66 billion, up 11.5% in volume and up 40.4% in value compared to the same period in 2017.

In the first half of 2018, petroleum products were mainly imported from markets such as South Korea with 1.84 million tons, valued at US$ 1.32 billion, up 24.7% in volume and up 44.7% in value; Malaysia with 2.01 million tons, valued at US$ 1.24 billion, up 63.5% in volume and 118.8% in value; Singapore with 1.7 million tons, valued at US$ 1.08 billion, down 36.4% in volume and 17.1% in value compared to the same period in 2017.

Plastics: Import volume in June reached 452,000 tons, valued at US$ 745 million, down 5.3% in volume and 4.3% in value compared to the previous month. As of the end of June, import volume of this group was 2.66 million tons, valued at US$ 4.33 billion, up 10.8% in volume and 19.4% in value compared to the same period in 2017.

In the first half of 2018, plastics were mainly imported from South Korea with 459,000 tons, valued at US$ 792 million, up 6.3% in volume and 12.4% in value over the same period in 2017; from the United Arab Emirates with 510,000 tons, valued at US$ 651 million, up 13.6% in volume and 25.6% in value; from Taiwan with 366,000 tons, valued at US$ 603 million , up 11.8% in volume and 18% in value.

Other common metals: Imports in June reached 132,000 tons, valued at US$ 535 million, down 11.4% in volume and 8.8% in value. In the first six months of 2018, imports of other common metals totaled 921,000 tons, valued at US$ 3.43 billion, down 1.3% in volume but up 16.4% in value over the same period last year.

Common metals were mainly imported from South Korea with 189,000 tons, valued at US$ 761 million, down 6.6% in volume but up 6.7% in value; China with 163,000 tons valued at US$ 595 million, down 18% in volume but up 15.8% in value.

Raw materials for textiles, leather and footwear: Imports reached US$ 492 million in June, down 15.5% from the previous month, bringing the import value in the first half to US$ 2.82 billion, increasing by 3.4% over the same period last year.

In the first half of 2018, this commodity group was mainly imported from China with US$ 1.06 billion, up 3.1%; from South Korea with US$ 378 million, down 2.8%; from Taiwan with US$ 231 million, down 9.7% over the same period last year.

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 ...

Plastic products: Import turnover in June was US$ 475 million, down 8.4% over the previous month, bringing the import turnover of this group in the first half of 2018 to US$ 2.79 billion, up 11.3% compared to the same period last year.

In the first half of the year, plastic products were mainly imported from China with US$ 990 million, up 19.3% over the same period last year; South Korea with US$ 812 million, up 5.7%; from Japan with US$ 409 million, up 7.9% .