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Vietnam – Singapore trade exchange totaled US$ 6.2 billion in 9 months 

 Monday, October 16,2017

AsemconnectVietnam - Vietnam got US$ 1.7 billion of deficit in trade exchange with Singapore in the first nine months of this year, showed the statistics figures of the General Department of Customs.

In the period, the bilateral trade exchange between the two countries reached $ 6.2 billion. Of the figure, Vietnam exported $ 2.2 billion worth of goods to, and imported over $ 4 billion worth of goods from Singapore.

Petroleum was leading the list of items imported by the country from Singapore in the first nine months of this year with 3.4 million tons worth of $ 1.7 billion, up by 7.09 per cent in quantity and 34.62 per cent in value over the same period last year.

It was followed by computers, electronics and components with $ 567 million, down by 32.89 per cent; and then machines, equipment and spare parts - $ 261.8 million, down by 11.46 per cent.

In the first nine months of this year, the country’s imports of ordinary metals from Singapore increased sharply by 179.46 per cent year – on – year to $ 6.4 million while the imports of ores and minerals – up by 170.06 per cent to $ 2.6 million; and plastic products – up by 153.84 per cent to $ 33 million. 
 
Vietnam’s imports of goods from Singapore in the first 9 months of 2017 – source: the General Department of Customs
 
Item
September of 2017 (US$)
September of 2017 vs. August of 2017 (%)
First 9 months of  2017 (US$)
First 9 months of 2017 vs. same period of 2016 (%)
Total
317,341,282
-22.7
4,002,518,003
9.65
Petroleum of all kinds
78,486,846
-46
1,704,872,955
34.62
Computers, electronics and components
54,563,602
-12.86
567,084,720
-32.89
Machines, equipment and spare parts
26,490,071
-9.54
261,832,087
-11.46
Plastics
26,340,838
-3.67
218,433,223
20.8
Other oil products
21,502,461
38.37
185,088,062
17.72
Hygiene products
18,407,164
-10.79
155,908,786
17.33
Chemical products
15,572,802
-25.54
147,328,170
31.35
Chemicals
15,571,195
-23.63
144,186,993
51.75
Papers of all kinds
13,259,569
-1.5
128,243,706
9.05
Milk and dairy products
4,790,435
-62.3
93,329,151
-13.81
Other food products
4,330,309
-46.06
72,485,917
-5.97
Iron and steel scraps
4,511,722
105.72
36,805,307
80.71
Pesticide and materials
4,989,652
5.62
36,271,205
6.17
Plastic products
4,254,638
15.9
33,048,412
153.84
Iron and steel products
1,515,755
-16.21
16,500,607
-21.39
Other ordinary metals
1,433,866
-7.9
12,747,257
-7.53
Animal feed and materials
1,094,757
-16.1
11,340,622
-24.6
Seafood
500,411
-17.68
7,635,404
81.66
Electric wires and cables
864,952
57.22
6,624,223
-10.62
Other metal products
1,046,714
-19.19
6,453,157
179.46
Other means of transport and spare parts
445,151
-4.95
4,848,643
4.62
Pharmaceutical materials
613,875
22.78
4,373,987
7.65
Confectionery and grain products
384,636
-36.54
4,037,163
-3.58
Rubber products
500,019
55.74
3,993,546
9.98
Iron and steel of all kinds
173,923
-41.35
2,800,236
-43.27
Ores and minerals
572,579
229.21
2,672,192
170.06
Pharmaceuticals
198,542
-61.13
2,625,647
-67.59
Fabric of all kinds
211,739
-20.02
2,601,094
9.25
Textile, garment, leather and footwear materials
147,408
-10.67
1,644,740
19.72
Oil and grease
151,306
24.78
1,455,790
8.81
Paper products
78,141
-48.72
1,195,568
-10.85
Tobacco materials
 
 
115,210
-95.4

CK
Source: VITIC

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