Exports to Malaysia increased
Friday, July 7,2017AsemconnectVietnam - Malaysia is now the 8th biggest trade partner of Vietnam after China, South Korea, the U.S, the EU Japan, Taiwan and Thailand.
The bilateral trade exchange between Vietnam and Malaysia is expected to reach $ 9.5 billion this year.
The Trade Office of Vietnam in Malaysia said that, the bilateral trade exchange between Vietnam and Malaysia totaled $ 3.974 billion in the first five months of this year, increased by 27.9 per cent over the same period last year.
In the first five months of this year, Vietnam’s exports of goods to Malaysia reached $ 1.8 billion, increased sharply by 57.21 per cent year – on – year, showed the preliminary statistics figures of the General Department of Customs.
Computers, electronics and components were leading the list of items exported by the country to Malaysia in the first five months of this year with the export turnover of $ 599.7 million, up by 230.39 per cent year – on – year, and accounted for 34.5 per cent of the total. It was followed by cell phones and accessories with $ 214.1 million, up by 34.2 per cent.
In the first five months, the country’s exports of coal to Malaysia rocketed by nearly 30 times; iron and steel – up by 165.52 per cent; rubber products – up by 109.38 per cent.
Meanwhile, the exports of ores and minerals decreased sharply by 61.93 per cent, equivalent to $ 955,100 in value.
Vietnam’s exports of goods to Malaysia in the first 5 months of 2017 - Unit: US$ - source: the General Department of Customs
|
First 5 months of 2017
|
First 5 months of 2016
|
Comparison (%)
|
Total
|
1,736,856,350
|
1,104,827,610
|
57.21
|
Computers, electronics and components
|
599,767,210
|
181,535,527
|
230.39
|
Cell phones and accessories
|
214,127,532
|
159,553,846
|
34.20
|
Iron and steel of all kinds
|
90,802,803
|
34,198,558
|
165.52
|
Machines, equipment and spare parts
|
84,202,052
|
47,411,986
|
77.60
|
Crude oil
|
72,373,205
|
56,134,538
|
28.93
|
Glass and products
|
69,736,862
|
70,867,950
|
-1.60
|
Means of transport and spare parts
|
62,950,022
|
70,575,403
|
-10.80
|
Rice
|
44,098,122
|
42,231,226
|
4.42
|
Seafood
|
37,465,132
|
32,562,929
|
15.05
|
Textiles and garments
|
37,138,231
|
34,504,603
|
7.63
|
Rubber
|
32,287,453
|
35,091,531
|
-7.99
|
Coal
|
29,337,571
|
980,498
|
2.892.11
|
Coffee
|
24,506,245
|
25,336,677
|
-3.28
|
Fibers of all kinds
|
21,509,470
|
21,941,932
|
-1.97
|
Fruit and vegetables
|
20,624,088
|
18,978,187
|
8.67
|
Wood and furniture
|
20,244,590
|
15,116,053
|
33.93
|
Footwear of all kinds
|
19,811,916
|
20,053,745
|
-1.21
|
Animal feed and materials
|
18,820,587
|
13,762,434
|
36.75
|
Chemical products
|
17,172,063
|
17,659,513
|
-2.76
|
Plastic products
|
14,919,878
|
13,694,860
|
8.95
|
Iron and steel products
|
14,379,039
|
9,932,749
|
44.76
|
Ordinary metals and products
|
12,771,415
|
14,165,887
|
-9.84
|
Paper and products
|
12,107,770
|
7,895,970
|
53.34
|
Petroleum of all kinds
|
11,341,907
|
8,370,225
|
35.50
|
Fertilizer of all kinds
|
10,306,933
|
5,434,749
|
89.65
|
Cassava and products
|
9,671,371
|
6,638,247
|
45.69
|
Cement and clinker
|
6,295,552
|
10,229,510
|
-38.46
|
Handbags, wallets, suitcases, hats and umbrellas
|
5,163,767
|
3,869,106
|
33.46
|
Plastics
|
5,005,081
|
4,769,138
|
4.95
|
Rubber products
|
4,577,123
|
2,186,024
|
109.38
|
Confectionery and grain products
|
4,029,507
|
3,882,826
|
3.78
|
Pepper
|
3,722,713
|
6,065,241
|
-38.62
|
Electric wires and cables
|
3,215,088
|
2,218,940
|
44.89
|
Ceramic and porcelain products
|
3,205,048
|
4,610,118
|
-30.48
|
Chemicals
|
2,455,788
|
1,793,966
|
36.89
|
Non – wooden furniture
|
2,161,578
|
1,834,404
|
17.84
|
Toys, sport equipment and spare parts
|
1,629,039
|
1,518,420
|
7.29
|
Ores and minerals
|
955,180
|
2,508,750
|
-61.93
|
Tea
|
954,207
|
1,466,756
|
-34.94
|
CK
Source: VITIC
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