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Exports to Japan in first quarter increased slightly 

 Tuesday, April 16,2019

AsemconnectVietnam - According to the latest preliminary statistics figures from the General Department of Customs, Vietnam's export turnover to the Japanese market in the first quarter of 2019 reached 4.62 billion USD, up 6.68% over the same period in 2018 and so Japan ranked 3rd among the leading export markets with the export turnover of over 1 billion USD in the period, only behind the US and China.

In March of 2019, th country’s exports of goods to Japan reached 1.68 billion USD, increased by 62.25 per cent compared to February 2019 and by 2.71 per cent compared to March of 2018.

The TOP 10 main export items to Japan in the first quarter of this year were industrial goods, of which textiles and garments accounted for a larger proportion of 19.4 per cent with the export turnover of 897.58 million USD, up by 4.93 per cent over the same period last year. In March of 2019, the country’s exports of this item to Japan reached 320.42 million USD, increased by 78.37 per cent compared with February of 2019 and  by 0.37 per cent compared with March of 2018.

Means of transport and spare parts ranked second with the export turnover of 636.16 million USD, increased by 9.58 per cent over the same period last year. In March of 2019, the country’s exports of means of transport and spare parts reached 228.1 million USD, increased by 49.79 per cent compared with February of 2019 and by 5.9 per cent over the same month of 2018.

The next were the machinery and equipment, aquatic products, wood and wood products, all kinds of shoes, computers, etc.
In general, in the first quarter of 2019, the exports of almost all items to Japan increased compared with the same period last year, of which the exports of fertilizer increased sharply by 6 times in quantity, twice in average export price and 12.5 times in value, or by 509.6 per cent; 106.41 per cent and 1158.26 per cent to 8,100 tons; 460.42 USD per ton and 3.74 million USD, respectively.

On the other hand, Japan’s imports of cassava and cassava products from Vietnam decreased sharply by 99.58 per cent in volume and 98.46 per cent in value over the same period last year, despite the average export price increased by 3.3 times (or 270.29 per cent) to 886.07 USD per ton.

Vietnam’s exports of goods to Japan in the first quarter of 2019 – source: the General Department of Customs
Item
First quarter of 2019
+/- Comparison with first quarter of 2018 (%)
Volume (Ton)
Value (USD)
Volume
Value
Total
 
4,626,072,141
 
6.68
Textiles and garments
 
897,585,092
 
4.93
Means of transport and spare parts
 
636,164,022
 
9.58
Machines, equipment and spare parts
 
450,457,093
 
5.64
Seafood
 
306,587,278
 
16.14
Wood and furniture
 
305,238,947
 
15.57
Footwear of all kinds
 
252,566,613
 
10.27
Computers, electronics and components
 
229,837,415
 
27.42
Plastic products
 
178,104,522
 
21.76
Handbags, wallets, suitcases, hats and umbrellas
 
104,897,764
 
9.82
Iron and steel products
 
104,769,696
 
8.82
Phones and accessories
 
98,247,312
 
-31.87
Chemicals
 
96,797,752
 
18.84
Electric wires and cables
 
70,017,569
 
-10.58
Toys, sport equipment and spare parts
 
62,314,455
 
-12.6
Other ordinary metals and products
 
61,290,796
 
10.07
Coffee
26,554
47,020,406
-12.49
-22.87
Crude oil
90,425
43,033,737
-7.13
-13.93
Chemical products
 
41,699,516
 
70.84
Cameras, camcorders and components
 
34,009,562
 
-17.04
Iron and steel of all kinds
61,608
32,932,913
93.21
49.25
Rubber products
 
32,786,525
 
10.3
Textile, garment, leather and footwear materials
 
30,187,306
 
8.66
Fruits and vegetables
 
28,241,135
 
-0.49
Glass and products
 
26,469,039
 
17.47
Fibers of all kinds
6,340
19,289,149
28.84
8.34
Ceramic and porcelain products
 
17,415,255
 
-18.93
Paper and products
 
17,274,818
 
-18.67
Plastics
13,347
16,312,815
36.96
43.14
Bamboo, rattan, sedge and carpet products
 
15,390,752
 
13.7
Precious stones, metals and products
 
13,658,835
 
-4.94
Animal feed and materials
 
11,816,074
 
56.86
Confectionery and grain products
 
10,611,003
 
4.08
Technical fabrics
 
9,543,975
 
8.75
Cashew nuts
670
5,305,928
-17.39
-31.75
Ores and minerals
13,033
4,839,718
10.34
52.04
Coal of all kinds
30,985
4,215,240
-87.8
-86.88
Rubber
2,671
3,993,614
-4.47
-14.54
Fertilizer of all kinds
8,126
3,741,378
509.6
1.158.26
Pepper
718
1,765,427
8.62
-53.51
Cassava and products
42
37,215
-99.58
-98.46
CK
Source: VITIC/ndh.vn

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