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Imports of pharmaceuticals from Canada and Singapore increased sharply 

 Sunday, June 24,2018

AsemconnectVietnam - Vietnam’s imports of pharmaceuticals increased slightly by 6.4 per cent year – on – year in the first five months of this year to US$ 1.1 billion, showed the statistics figures of the General Department of Customs.

In May, the country imported $ 318.5 million worth of pharmaceuticals, up by 44.7 per cent over the previous month.

In the first five months of this year, Vietnam’s imports of pharmaceuticals from EU accounted for 52.1 per cent of the total while the imports from the South East Asian countries – accounted for 4.3 per cent; and others – 43.4 per cent.

France was the country’s biggest pharmaceutical import market of Vietnam in the period with the import value of $ 134.6 million, accounted for 11.7 per cent of the total and increased by 11.95 per cent of the total.

It was followed by Germany with $ 120.8 million, down by 5.49 per cent; and then India, Switzerland, Italy and South Korea.

In the first five months of this year, the country’s imports of pharmaceuticals from Canada and Singapore increased sharply by 115.43 per cent and 105.95 per cent to $ 7.8 million and $ 3.1 million, respectively year – on – year.

However, the imports of pharmaceuticals from Malaysia decreased sharply by 74.26 per cent.

Vietnam’s pharmaceutical import markets in the first five months of 2018
- source: VITIC – according to the figures of the General Department of Customs
Market
First 5 months of 2018 (US$)
Comparison (%)
France
134,646,898
11.95
Germany
120,819,327
-5.49
India
95,871,942
-16.47
Switzerland
88,007,660
47.74
Italy
84,505,060
41.56
South Korea
63,504,559
-13.35
Britain
62,630,860
17.1
The U.S
47,388,295
-12.64
Spain
35,559,929
35.84
Ireland
31,591,972
2.19
Belgium
29,602,966
-2.28
Japan
28,639,017
66.62
Thailand
26,638,907
-22.8
Australia
24,510,787
44.23
Austria
20,943,092
-19.28
Poland
20,180,867
-7.59
Sweden
17,274,756
19.81
China
14,695,261
-50.2
Denmark
14,169,506
33.03
Hungary
13,001,699
10.43
Indonesia
11,345,964
83.26
The Netherlands
11,302,358
-19.75
Canada
7,810,738
115.43
The Philippines
7,092,689
-4.33
Russia
4,934,787
53.15
Pakistan
4,218,461
-22.26
Taiwan
4,147,675
-48.38
Turkey
4,110,509
-27.9
Singapore
3,169,631
104.95
Argentina
1,801,247
-50.63
Malaysia
1,306,601
-74.26
 
 
CK
Source: VITIC

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