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Imports of CBU cars from Japan increased sharply 

 Friday, April 10,2020

AsemconnectVietnam -  According to the preliminary statistics figures of the General Department of Customs, in February of 2020, Vietnam’s imports goods from Japan increased significantly by 40.33 per cent to 1.8 billion USD, leading to the total import value from this market in the first two months increased by 11.19 per cent to reach 3.09 billion USD.

Also in February, Vietnam stepped up imports of many items from Japan, of which CBU cars saw the strongest increase of 220.54 per cent to 9.32 million USD. However, in the first two months of the year, the import value of this commodity group still decreased by 63.72 per cent over the same period, reaching only 12.39 million USD.
In the total import turnover of goods from Japan in the first two months of 2020, there were 7 commodity groups reaching the value of hundreds of millions of USD, of which 3 groups had good growth and 4 groups saw slight decrease in import value.

Computers, electronic products and components accounted for the largest market share of 27.48 per cent to reach 850.73 million USD, up by 39.17 per cent over the same period last year. Other machines, equipment, tools and spare parts accounted for 21.59 per cent to 668.44 million USD, down by 6.82 per cent compared to the same period last year. Iron and steel scraps was a commodity group with a strong growth of 113.96 per cent in turnover, reaching 146.11 million USD.
Among the turnover of tens of millions of USD, the group of glass and glass products also experienced a good growth with 133.53 per cent compared to 2 months of 2019 to reach 34.46 million USD.

Vietnam’s imports of goods from Japan in the first 2 months of 2020 –
according to the figures of the General Department of Customs – Unit: USD
Item
February of 2020
Vs. January of 2020 (%)
First 2 months of 2020
Vs. first 2 months of 2019 (%)
Market share (%)
Total
1,808,451,066
40.33
3,095,639,842
11.19
100
Computers, electronics and components
509,854,280
49.57
850,738,821
39.17
27.48
Machines, equipment and spare parts
363,845,987
19.55
668,448,375
-6.82
21.59
Iron and steel of all kinds
123,459,945
11.47
234,222,720
22.05
7.57
Iron and steel scraps
105,217,305
157.13
146,115,184
113.96
4.72
Plastic products
66,163,879
29.05
117,433,215
-5.23
3.79
Fabrics of all kinds
68,565,222
75.54
107,588,274
-2.21
3.48
Car components and spare parts
62,123,665
41.17
106,133,039
-20.43
3.43
Other metals
47,234,977
29.31
83,766,299
31.5
2.71
Chemical products
46,304,290
36.41
80,261,296
24.84
2.59
Iron and steel products
46,529,576
61
75,439,774
-8.79
2.44
Chemicals
46,879,408
79.96
72,933,309
15.02
2.36
Plastics
43,133,436
53.4
71,263,256
-9.55
2.3
Textile, garment, leather and footwear materials
23,649,023
72.08
37,393,467
-9.95
1.21
Glass and products
17,072,984
-1.84
34,466,161
133.53
1.11
Paper of all kinds
18,470,302
62.82
29,818,882
-22.63
0.96
Phones and accessories
11,892,237
-13.11
25,578,278
297.86
0.83
Rubber
13,203,892
23.23
23,825,792
-3.81
0.77
Seafood
13,748,359
41.9
23,477,669
8.39
0.76
Rubber products
11,852,651
14.7
22,188,286
-2.86
0.72
Electric wires and cables
11,561,117
34.95
20,134,066
-2.6
0.65
Cameras, camcorders and components
9,249,280
50.41
15,398,757
-25.94
0.5
Other metal products
7,791,973
53.37
12,873,157
-4.41
0.42
CBU cars of all kinds
9,382,369
220.54
12,398,648
-63.72
0.4
Fibers of all kinds
6,351,017
27.47
11,328,402
15.31
0.37
Paper products
5,813,920
-19.72
11,202,035
19.88
0.36
Milk and products
4,890,233
33.71
8,547,631
46.76
0.28
Means of transport and spare parts
4,479,996
12.76
8,453,302
-56.67
0.27
Pharmaceuticals
3,980,891
43.04
6,764,070
-21.09
0.22
Precious stones, metals and products
3,932,176
47.14
6,604,532
43.74
0.21
Aromatics, cosmetics and hygiene products
4,010,951
63.34
6,467,409
6.64
0.21
Other oil products
2,241,440
-37.72
5,840,242
12.86
0.19
Other food products
2,723,050
129.77
3,910,484
23.13
0.13
Pesticide and materials
1,808,644
72.77
2,855,472
-44.85
0.09
Fertilizer of all kinds
2,029,689
174.77
2,768,366
-46.68
0.09
Household appliances and components
1,019,118
-26.36
2,414,289
-20.34
0.08
Ores and minerals
481,977
-68.25
2,000,235
78.99
0.06
Coal of all kinds
1,445,631
 
1,450,290
12.5
0.05
Wood and furniture
666,452
53.46
1,100,754
21.05
0.04
Animal feed and materials
31,892
-90.92
382,962
-22.92
0.01
Others
85,357,829
51.75
141,652,641
12.42
4.58
CK
Source: VITIC/Vinanet.vn

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