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Vietnam got nearly US$ 4 billion of deficit in trade exchange with Thailand 

 Tuesday, October 17,2017

AsemconnectVietnam - Vietnam got $ 3.97 billion of deficit in trade exchange with Thailand in the first nine months of this year. The figure is expected to reach $ 6 billion this year.

In the first nine months of this year, the bilateral trade exchange between Vietnam and Thailand reached $ 11 billion. Of the figure, the country exported $ 3.52 billion worth of goods to; and imported $ 7.4 billion worth of goods from Thailand.

In the first 3 quarters of this year, Vietnam imported over 40 items from Thailand, leading by household appliances and components with the export turnover of $ 689.5 million, down by 6.21 per cent year – on - year; and then fruit and vegetables - $ 680.7 million, up by 135.08 per cent; machines, equipment and spare parts - $ 656.7 million, up by 11.27 per cent.

Especially, the imports of liquefied gas increased by 6.6 per cent in quantity but rocketed by 8,809.2 per cent in value over the same period last year to 42,400 tons worth of $ 22.2 million.

Besides, the country’s imports of tobacco materials from Thailand also increased sharply by 796.77 per cent; oil and grease – up by 206.43 per cent; ordinary metals – up by 195.97 per cent to $ 394,100; $ 12.4 million; and $ 173.7 million, respectively.

Vietnam’s imports of goods from Thailand in the first nine 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
935,326,823
-0.57
7,499,948,526
20.82
Household appliances and components
43,917,965
-20.98
689,505,168
-6.21
Fruit and vegetables
62,940,662
-37.72
680,732,292
135.08
Machines, equipment and spare parts
68,732,523
-16.31
656,710,757
11.27
Petroleum of all kinds
152,522,847
19.31
555,791,782
75.39
CBU autos and spare parts
52,650,833
34.37
484,137,737
9.44
Plastics
59,662,961
7.58
462,878,042
16.42
Computers, electronics and components
76,873,945
21.98
445,298,837
54.93
Auto components and spare parts
36,862,075
1.85
376,950,999
-24.31
Chemicals
27,021,522
-29.69
269,498,055
57.47
Chemical products
21,525,472
4.29
186,140,262
16.28
Other ordinary metals
24,069,067
3.24
173,786,336
195.97
Plastic products
18,607,693
-7.09
172,479,260
14.1
Fabric of all kinds
21,941,520
-1.5
170,466,982
18.17
Textile, garment, leather and footwear materials
18,211,495
-0.53
167,313,992
7.68
Papers of all kinds
12,393,279
-22.9
127,159,068
2.87
Iron and steel products
13,499,810
-14.62
118,202,366
4.02
Rubber
6,397,045
-19.25
81,062,833
107.25
Fibers of all kinds
9,371,047
-11.99
79,602,903
3.21
Wood and furniture
8,102,090
-3.85
78,463,315
20.74
Pharmaceuticals
7,877,101
-15.98
64,704,522
-6.92
Iron and steel of all kinds
8,135,482
41.81
64,202,697
2.46
Paper products
6,573,340
22.97
63,862,800
12.68
Electric wires and cables
6,892,872
-2.24
58,561,806
21.39
Animal feed and materials
4,492,340
-39.92
57,971,131
-18.74
Rubber products
5,905,299
-11.59
56,560,334
10.71
Hygiene products
9,047,280
12.33
55,601,036
19.1
Corn
1,369,771
20.9
49,504,262
207.14
Milk and dairy products 
5,910,072
-11.37
47,756,663
-18.1
Other metal products
5,908,935
23.41
46,177,473
8.44
Glass and products
4,634,705
-25.72
43,548,681
25.98
Ores and minerals
4,939,689
34.58
37,969,210
-26.34
Pesticide and materials
5,188,567
21.98
37,919,638
84.82
Other oil products
2,916,916
-39.33
35,534,756
61.14
Other food products
4,416,273
-14.43
34,894,818
7.46
Confectionery and grain products
4,283,608
12.14
30,011,055
6.01
Liquefied gas
4,516,109
66.15
22,288,376
8.809.26
Seafood
2,388,342
38.81
15,595,789
14.48
Oil and grease
3,225,077
19.14
12,434,841
206.43
Cameras, camcorders and components
679,371
-20.35
7,704,807
-12.39
Precious stones, metals and products
873,071
-37.8
7,373,849
65.25
Fertilizer of all kinds
311,112
66.22
5,283,001
-28.05
Pharmaceutical materials
25,355
-69.53
803,388
-76.75
Tobacco materials
 
-100
394,167
796.77
CK
Source: VITIC

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