US$ 9.16 billion worth of goods imported from China
Saturday, March 24,2018AsemconnectVietnam - The bilateral trade exchange between Vietnam and China reached US$ 14.84 billion in the first two months of this year, showed the statistics figures of the General Department of Customs.
Of the figure, the country exported $ 5.67 billion worth of goods to; and imported $ 9.16 billion worth of goods from China, increased by 50.6 per cent and 20.4 per cent, respectively year – on – year. So in the first two months of this year, Vietnam got $ 3.49 billion of deficit in trade exchange with China.
Machines, equipment and spare parts; telephones and components; computers, electronics and components were the three import items in 1 billion club.
Machines, equipment and spare parts were leading in the list of items imported by the country from China in the first two months of this year with the import value of nearly $ 1.72 billion, up by 14.7 per cent year – on – year. It was followed by telephones and components with $ 1.42 billion, up by 40.6 per cent; and then computers, electronics and components - $ 1.05 billion, up by 7 per cent.
In the first two months of this year, Vietnam’s imports of cameras, camcorders and components from China increased sharply by 178.7 per cent to $ 134.35 million.
Meanwhile, the imports of petroleum from China also increased by 110.6 per cent year – on – year in the first two months of this year to $ 139.37 million; household appliances – up by 94.9 per cent to $ 82.91 million; coal – up by 80.8 per cent to $ 34.59 million; animal feed and materials – up b 78.9 per cent to $ 37.05 million; cotton – up by 77.8 per cent to $ 0.21 million.
However, the imports of CBU autos from China in the first two months of this year fell sharply by 85.8 per cent to $ 2.44 million; tobacco materials – down by 49.4 per cent to $ 8.42 million; fertilizer – down by 44.5 per cent to $ 41.43 million; pharmaceuticals – down by 43.5 per cent to $ 5.08 million.
Vietnam’s imports of goods from China in the first 2 months of 2018 - Source: VITIC – according to the figures of the General Department of Customs
Item
|
February of 2018
|
February of 2018 vs. January of 2018 (+/- %)
|
First 2 months of 2018
|
First 2 months of 2018 vs. same period of 2017 (+/- %)
|
Total
|
3,414,061,663
|
-40.8
|
9,161,872,777
|
20.36
|
Machines, equipment and spare parts
|
660,015,091
|
-37.83
|
1,718,524,282
|
14.74
|
Telephones and components
|
402,092,319
|
-60.47
|
1,419,341,975
|
40.58
|
Computers, electronics and components
|
409,309,281
|
-36.36
|
1,051,184,449
|
6.95
|
Fabrics of all kinds
|
405,225,337
|
-30.93
|
991,100,182
|
47.78
|
Iron and steel of all kinds
|
229,577,171
|
-24.38
|
533,022,602
|
-32.16
|
Plastic products
|
119,341,204
|
-36.46
|
306,963,657
|
35.94
|
Textile, garment, leather and footwear materials
|
112,271,478
|
-36.17
|
288,127,164
|
8.09
|
Chemicals
|
84,008,107
|
-37.2
|
217,565,059
|
39.23
|
Iron and steel products
|
74,406,708
|
-43.71
|
206,214,465
|
50.99
|
Chemical products
|
76,580,203
|
-39.79
|
203,739,889
|
42.03
|
Other ordinary metals
|
68,253,397
|
-22.58
|
156,291,105
|
-2.18
|
Fibers of all kinds
|
59,626,020
|
-37.32
|
154,820,523
|
52.3
|
Plastics
|
55,022,140
|
-38.19
|
144,043,306
|
34.82
|
Petroleum of all kinds
|
78,649,158
|
28.24
|
139,365,542
|
110.63
|
Cameras, camcorders and components
|
40,066,580
|
-57.51
|
134,345,460
|
178.71
|
Electric wires and cables
|
36,860,535
|
-35.6
|
94,086,008
|
6.69
|
Household appliances and components
|
26,651,483
|
-52.7
|
82,910,338
|
94.93
|
Glass and products
|
33,203,336
|
-28.91
|
79,894,147
|
24.42
|
Pesticides and materials
|
30,394,014
|
-31.16
|
73,712,606
|
10.32
|
Auto components and spare parts
|
28,334,892
|
-28.41
|
67,931,267
|
-27.46
|
Liquefied gas
|
22,640,509
|
-38.4
|
59,372,914
|
15.84
|
Wood and furniture
|
16,002,292
|
-60.58
|
56,201,184
|
48.79
|
Other metal products
|
19,535,279
|
-44.24
|
54,585,811
|
-2.3
|
Fruits and vegetables
|
18,801,219
|
-51.48
|
49,197,173
|
55.45
|
Paper of all kinds
|
16,569,756
|
-45.45
|
46,943,847
|
5.23
|
Pharmaceutical materials
|
16,828,619
|
-38.67
|
44,148,152
|
27.96
|
Fertilizer of all kinds
|
16,581,543
|
-33.32
|
41,430,291
|
-44.47
|
Paper products
|
14,762,794
|
-43.21
|
40,787,524
|
14.6
|
Rubber products
|
14,293,778
|
-37.7
|
37,073,969
|
18.47
|
Animal feed and materials
|
11,556,934
|
-54.73
|
37,054,989
|
78.85
|
Coal
|
12,717,944
|
-41.86
|
34,592,577
|
80.84
|
Other means of transport and spare parts
|
3,096,948
|
-80.47
|
18,914,189
|
-3.38
|
Seafood
|
5,370,079
|
-53.66
|
17,070,937
|
7.45
|
Rubber
|
4,231,411
|
-41.86
|
11,510,105
|
52.27
|
Other oil products
|
4,823,309
|
-14.88
|
10,431,875
|
21.17
|
Hygiene products
|
2,765,962
|
-60.18
|
9,688,721
|
37.14
|
Ores and minerals
|
2,725,256
|
-52.43
|
8,439,513
|
-10.08
|
Tobacco materials
|
2,782,288
|
-55.4
|
8,423,808
|
-49.44
|
Food products
|
1,966,714
|
-59.49
|
6,821,086
|
22.89
|
Medicines
|
1,903,276
|
-40.07
|
5,084,281
|
-43.46
|
Precious stones, metals and products
|
1,443,469
|
-35.62
|
3,687,734
|
42.64
|
Confectionery and grain products
|
764,587
|
-62.73
|
2,815,992
|
58.16
|
CBU autos and spare parts
|
402,596
|
-80.26
|
2,442,537
|
-85.83
|
Oil and grease
|
446,284
|
-12.8
|
958,086
|
-29.31
|
Cotton of all kinds
|
185,695
|
769.48
|
207,052
|
77.75
|
CK
Source: VITIC
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