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Vietnam – Japan trade exchange saw growth 

 Friday, August 10,2018

AsemconnectVietnam - The bilateral trade exchange between Vietnam and Japan reached US$17.76 billion in the first six months of this year, increased by 12.3 per cent over the same period last year, showed the statistics figures of the General Department of Customs.

Of the figure, Vietnam exported $8.87 billion worth of goods to and imported $8.88 billion worth of goods from Japan, increased by 10.5 per cent and 14.2 per cent, respectively year – on – year.

Textiles and garments were leading the list of items exported by the country to Japan in the first six months of this year with the export turnover of $1.7 billion, up by 2.83 per cent over the same period last year and accounted for 19.1 per cent of the total. It was followed by means of transport and spare parts with $1.17 billion, up by 15.1 per cent; and then machines, equipment and spare parts with $882.6 million, up by 6 per cent; seafood - $615.07 million, up by over 4.7 per cent; wood and furniture - $528.07 million, up by 5 per cent year – on – year.
 
In the first six months of this year, Vietnam’s exports of iron and steel to Japan rocketed by 350.8per cent to $33.08 million; plastics – up by 244.2 per cent to $17.84 million; ores and minerals – up by 40.5 per cent to $6.78 million; cashew nuts – up by 34.8 per cent to $16.55 million.

However, the exports of crude oil to Japan decreased by 43.6 per cent to $124.58 million; while the exports of pepper, cassava, rubber and fertilizer also decreased by 27 per cent; 22.8 per cent; 22.1 per cent and 10.1 per cent, respectively year – on –year.

Vietnam’s exports of goods to Japan in the first six months of 2018 - Unit: US$ - source: VITIC – according to the figures of the General Department of Customs
Item
June of 2018
June of 2018 vs. May of 2018 (%)
First 6 months of 2018
First 6 months of 2018 vs. same period of 2017 (%)
Total
1,516,359,182
-7.5
8,886,243,462
10.52
Textiles and garments
307,757,125
8.92
1,700,790,678
23.8
Means of transport and spare parts
206,978,098
1.48
1,167,170,846
15.11
Machines, equipment and spare parts
156,454,717
1.63
882,599,860
5.99
Seafood
118,114,095
-2.18
615,066,897
4.69
Wood and furniture
88,484,311
-0.34
528,066,477
4.99
Telephones and components
57,900,864
-65.91
421,630,880
-9.54
Footwear of all kinds
79,803,122
11.42
419,771,937
15.54
Computers, electronics and components
64,107,742
4.09
358,181,868
0.75
Plastic products
56,700,651
0.25
312,470,308
15.72
Iron and steel products
35,799,636
4.78
197,615,254
29.02
Handbags, wallets, suitcases, hats and umbrellas
30,329,322
6.5
182,900,850
1.66
Chemicals
30,010,611
3.27
170,826,879
19.18
Electric wires and cables
30,092,686
-4.73
167,370,836
28.63
Toys, sports equipment and spare parts
27,480,990
6.97
149,757,065
28.72
Crude oil
 
-100
124,575,171
-43.58
Coffee
17,515,546
-3.96
118,455,613
2.2
Other ordinary metals and products
18,672,146
-1.73
112,825,753
15.52
Rubber products
11,137,900
4.06
61,511,922
13.98
Textile, garment, leather and footwear materials
9,706,460
15.33
61,311,879
31.18
Cameras, camcorders and components
7,077,509
43.36
59,482,272
19.39
Coal of all kinds
 
-100
58,224,611
-6.94
Fruits and vegetables
10,241,855
0.82
56,933,472
0.7
Chemical products
8,760,489
-0.75
49,662,773
4.48
Glass and products
6,544,393
-18.89
42,596,155
-3.26
Papers and products
7,247,572
-2.15
41,934,734
5.45
Ceramic and porcelain products
6,628,422
7.07
41,246,518
13.14
Fibers of all kinds
7,065,401
7.4
38,214,126
16.94
Iron and steel of all kinds
3,160,169
5.65
33,080,821
350.78
Precious stones, metals and products
5,505,994
-4.54
31,199,487
11.1
Bamboo, rattan, sedge and carpet products
4,952,477
2.76
27,995,236
17.99
Confectionery and grain products
3,535,199
1.53
20,572,643
3.22
Plastics
2,442,026
25.81
17,837,866
244.16
Fabrics and technical fabrics
3,106,411
30.33
16,912,131
-6.83
Cashew nuts
2,542,238
-20.66
16,546,261
34.78
Animal feed and materials
2,391,334
6.15
14,453,633
28.7
Rubber
1,397,887
-11.77
8,910,790
-22.07
Pepper
1,085,331
-22.92
7,485,663
-27.06
Ores and minerals
230,185
-88.24
6,776,981
40.48
Cassava and products
22,676
 
2,456,541
-22.75
Fertilizer of all kinds
62,760
-48.67
536,497
-10.08
CK
Source: VITIC

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