China – biggest import market of Vietnam
Wednesday, May 17,2017AsemconnectVietnam - China is the second biggest export market of Vietnam and it is also our biggest import market.
In the first four months of this year, Vietnam imported over US$ 17 billion from China, up by 16.09 per cent over the same period last year, showed the statistics figures of the General Department of Customs.
Vietnam imported 45 items from China, leading by machines, equipment and spare parts with the import value of $ 3.3 billion, up by 29.6 per cent year – on – year and accounted for 19.7 per cent of the total. It was followed by cell phones and accessories with $ 2.1 billion, up by 6.28 per cent; and computers, electronics and components with over $ 2 billion, up by 25.84 per cent.
Vietnam’s imports of goods from China in the first 4 months of 2017 -Unit: US$ - source: the General Department of Customs
Item
|
First 4 months of 2017
|
First 4 months of 2016
|
Comparison (%)
|
Total
|
17,145,021,092
|
14,768,776,755
|
16.09
|
|
3,390,693,340
|
2,616,224,244
|
29.60
|
Machines, equipment and spare parts
|
2,134,947,737
|
2,008,858,187
|
6.28
|
Computers, electronics and components
|
2,090,193,908
|
1,660,998,320
|
25.84
|
Cloth of all kinds
|
1,736,229,929
|
1,618,643,609
|
7.26
|
Iron and steel of all kinds
|
1,527,284,275
|
1,251,334,801
|
22.05
|
Textile, garment, leather and footwear materials
|
675,101,798
|
580,832,008
|
16.23
|
Plastic products
|
520,270,210
|
437,231,950
|
18.99
|
Chemicals
|
381,754,778
|
307,495,983
|
24.15
|
Chemical products
|
329,027,503
|
244,163,250
|
34.76
|
Iron and steel products
|
317,676,056
|
296,364,735
|
7.19
|
Other ordinary metals
|
301,186,380
|
484,039,782
|
-37.78
|
Plastics
|
266,316,778
|
178,367,509
|
49.31
|
Fibers of all kinds
|
251,243,458
|
206,763,287
|
21.51
|
Auto components and spare parts
|
220,080,190
|
235,241,111
|
-6.44
|
Electric wires and cables
|
198,707,870
|
153,829,275
|
29.17
|
Petroleum of all kinds
|
180,282,420
|
151,602,836
|
18.92
|
Fertilizer of all kinds
|
167,012,452
|
159,905,905
|
4.44
|
Pesticide and materials
|
161,721,021
|
111,945,312
|
44.46
|
Glass and products
|
144,729,976
|
102,201,650
|
41.61
|
Household appliances and spare parts
|
116,858,153
|
104,028,640
|
12.33
|
Other ordinary metal products
|
108,824,288
|
78,345,165
|
38.90
|
Cameras, camcorders and spare parts
|
108,601,314
|
139,698,024
|
-22.26
|
Wood and furniture
|
103,718,887
|
77,654,939
|
33.56
|
Paper of all kinds
|
98,015,865
|
88,554,866
|
10.68
|
Liquefied gas
|
91,559,244
|
64,494,168
|
41.97
|
Paper products
|
83,904,462
|
69,394,370
|
20.91
|
Pharmaceutical materials
|
74,370,989
|
70,952,937
|
4.82
|
Rubber products
|
73,280,181
|
63,917,966
|
14.65
|
CBU autos of all kinds
|
72,052,160
|
157,771,458
|
-54.33
|
Coal
|
65,370,410
|
63,065,355
|
3.66
|
Fruit and vegetables
|
59,567,425
|
50,725,629
|
17.43
|
Animal feed and materials
|
50,272,563
|
54,046,565
|
-6.98
|
Seafood
|
38,255,824
|
20,342,841
|
88.06
|
Other means of transport and spare parts
|
34,297,034
|
32,649,900
|
5.04
|
Tobacco materials
|
32,714,396
|
16,637,092
|
96.64
|
Rubber
|
27,317,313
|
13,713,458
|
99.20
|
Pharmaceuticals
|
26,633,101
|
15,474,207
|
72.11
|
Ores and minerals
|
19,725,557
|
13,419,395
|
46.99
|
Hygiene products
|
16,665,413
|
15,789,481
|
5.55
|
Other oil products
|
15,430,904
|
17,086,699
|
-9.69
|
Other food products
|
12,711,855
|
9,765,938
|
30.17
|
Precious stones, metals and products
|
5,182,383
|
6,111,543
|
-15.20
|
Oil and grease
|
4,108,060
|
2,760,534
|
48.81
|
Confectionery and grain products
|
3,604,918
|
3,250,476
|
10.90
|
Cotton of all kinds
|
280,960
|
1,246,462
|
-77.46
|
The foreign direct investment of China in Vietnam in the first quarter of this year increased sharply by over 4.1 folds compared with the same period last year with the total new registered capital of $ 735 million. China has become the third biggest investors in Vietnam.
CK
Source: VITIC
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