Exports to South Korea increased by over 34%
Tuesday, March 7,2017AsemconnectVietnam - South Korea is now the fourth biggest export market of Vietnam after China, the U.S and Japan.
Vietnam exported over US$ 1 billion worth of goods to South Korea in January, increased sharply by 32.4 per cent over the previous month and by 34.3 per cent over the same month of last year, showed the preliminary statistics figures of the General Department of Customs
Telephones and accessories were leading the list of items exported by the country to South Korea in the first month of this year with the export turnover of $ 229.57 million, accounted for 22.7 per cent of the total and increased by 120 per cent year – on – year.
It was followed by textiles and garments with $ 215.3 million, up by 18 per cent; and computers, electronics and components - $ 115.9 million, up by 43 per cent.
In 2017, the country’s exports of cassava and products to South Korea rocketed by 10,542 per cent to $ 2.37 million; petroleum – up by 426 per cent to $ 1.8 million; iron and steel – up by 219 per cent to $ 21.3 million; chemicals – up by 131 per cent to $ 2.3 million; machines, equipment and spare parts – up by 88.7 per cent to $ 75.9 million. Meanwhile, the exports of fertilizer decreased by 92.8 per cent to $ 0.2 million; ores and minerals – down by 79 per cent to $ 0.02 million; and pepper – down by 52.8 per cent to $ 1.4 million.
Vietnam’s exports of goods to South Korea in January of 2017 - Unit: US$ -Source: the General Department of Customs
Item
|
January of 2017
|
January of 2016
|
January of 2017 vs. January of 2016 (%)
|
Total
|
1,009,384,295
|
751,663,344
|
+34.3
|
Telephones and accessories
|
229,575,298
|
104,313,330
|
+120.1
|
Textiles and garments
|
215,310,413
|
182,452,390
|
+18.0
|
Computers, electronics and components
|
115,875,203
|
81,021,342
|
+43.0
|
Machines, equipment, tools and spare parts
|
75,949,446
|
40,244,204
|
+88.7
|
Wood and furniture
|
52,820,223
|
46,772,574
|
+12.9
|
Seafood
|
46,859,367
|
49,158,023
|
-4.7
|
Footwear of all kinds
|
35,679,308
|
39,738,566
|
-10.2
|
Fibers of all kinds
|
21,970,960
|
16,697,446
|
+31.6
|
Iron and steel of all kinds
|
21,309,926
|
6,680,099
|
+219.0
|
Means of transport and spare parts
|
17,680,082
|
19,727,329
|
-10.4
|
Handbags, wallets, suitcases, hats and umbrellas
|
12,894,265
|
14,560,225
|
-11.4
|
Iron and steel products
|
7,822,866
|
6,652,329
|
+17.6
|
Electric wires and cables
|
7,790,298
|
5,595,401
|
+39.2
|
Plastic products
|
7,764,384
|
7,608,833
|
+2.0
|
Other ordinary metals and products
|
7,492,000
|
7,144,409
|
+4.9
|
Coffee
|
7,462,561
|
4,751,785
|
+57.0
|
Rubber
|
7,370,046
|
4,152,468
|
+77.5
|
Cameras, camcorders and spare parts
|
6,870,165
|
6,321,192
|
+8.7
|
Chemical products
|
6,261,286
|
6,432,687
|
-2.7
|
Textile, garment, leather and footwear materials
|
5,758,697
|
5,363,550
|
+7.4
|
Fruit and vegetables
|
5,622,149
|
5,656,692
|
-0.6
|
Technical cloth
|
4,990,187
|
6,583,895
|
-24.2
|
Confectionery and grain products
|
3,689,871
|
3,138,443
|
+17.6
|
Rubber products
|
3,002,987
|
2,877,109
|
+4.4
|
Toys, sport equipment and spare parts
|
2,920,068
|
2,169,623
|
+34.6
|
Cassava and products
|
2,373,519
|
22,303
|
+10.542.2
|
Chemicals
|
2,348,328
|
1,016,189
|
+131.1
|
Petroleum of all kinds
|
1,781,990
|
338,758
|
+426.0
|
Precious stones, metals and products
|
1,771,560
|
1,524,114
|
+16.2
|
Ceramic and porcelain products
|
1,573,356
|
1,304,133
|
+20.6
|
Glass and products
|
1,425,290
|
2,077,108
|
-31.4
|
Pepper
|
1,402,882
|
2,974,933
|
-52.8
|
Coal
|
1,238,942
|
|
*
|
Animal feed and materials
|
907,768
|
1,275,351
|
-28.8
|
Bamboo, rattan, sedge and carpet products
|
550,718
|
894,794
|
-38.5
|
Plastic products
|
527,483
|
518,931
|
+1.6
|
Paper and products
|
453,945
|
646,095
|
-29.7
|
Fertilizer of all kinds
|
162,450
|
2,243,868
|
-92.8
|
Ores and minerals
|
24,657
|
117,600
|
-79.0
|
CK
Source: VITIC
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