Exports to South Korea increased nearly 30% in 2017
Saturday, January 27,2018AsemconnectVietnam - Last year, Vietnam’s exports of goods to South Korea increased sharply by nearly 30 per cent year – on – year to US$ 14.82 billion, showed the statistics figures of the General Department of Customs.
Telephones and components were leading the list of items exported by the country to South Korea last year with the export turnover of $ 3.97 billion, up by 45.5 per cent year – on - year and accounted for 26.8 per cent of the total. It was followed by textiles and garments with $ 2.64 million, up by 15.8 per cent; and then computers, electronics and components with $ 1.73 billion, up by 46 per cent year – on – year.
In 2017, the country’s exports of glass and products to South Korea rocketed by 631 per cent to nearly $ 130.25 million; while the exports of petroleum to South Korea reached $ 67.66 million, up by 210 per cent; coal - $ 21.67 million, up by 183 per cent; ores and minerals - $ 7.35 million, up by 80.6 per cent; ordinary metals - $ 172.72 million, up by 86.5 per cent; paper and products - $ 14.58 million, up by 90.7 per cent.
However, the country’s exports of fertilizer and pepper to South Korea decreased sharply by 36 per cent and 19 per cent, respectively compared with 2016
The bilateral trade exchange between Vietnam and South Korea increased sharply and Vietnam is now the fourth biggest trade partner of South Korea.
Vietnam’s exports of goods to South Korea in 2017 -Unit: US$ - source: the General Department of Customs
Item
|
December of 2017
|
December of 2017 vs. November of 2017 (+/- %)
|
2017
|
2017 vs. 2016 (+/- %)
|
Total
|
1,313,004,211
|
-4.7
|
14,822,854,924
|
29.96
|
Telephones and components
|
308,019,486
|
-22.13
|
3,971,064,780
|
45.47
|
Textiles and garments
|
200,700,974
|
-4.87
|
2,643,748,809
|
15.81
|
Computers, electronics and components
|
186,041,003
|
-1.82
|
1,829,989,000
|
46.02
|
Machines, equipment and spare parts
|
99,066,066
|
17.35
|
967,639,157
|
27.85
|
Seafood
|
75,422,794
|
-7.87
|
778,544,498
|
28.12
|
Wood and furniture
|
69,239,303
|
5.75
|
665,239,048
|
15.89
|
Footwear of all kinds
|
47,123,088
|
24.14
|
402,717,156
|
16.75
|
Fibers of all kinds
|
29,111,387
|
10.84
|
319,258,706
|
20.47
|
Means of transport and spare parts
|
23,577,132
|
4.61
|
256,286,815
|
1.24
|
Other ordinary metals and products
|
15,463,059
|
-3.98
|
172,718,311
|
86.49
|
Iron and steel of all kinds
|
10,782,432
|
-39.27
|
158,342,885
|
32.1
|
Plastic products
|
12,584,833
|
-9.24
|
139,879,440
|
13.69
|
Cameras, camcorders and components
|
9,168,727
|
1.29
|
134,223,027
|
-16.44
|
Glass and products
|
17,734,129
|
3.35
|
130,248,034
|
631.04
|
Handbags, wallets, suitcases, hats and umbrellas
|
13,069,448
|
20.77
|
126,460,388
|
6.74
|
Electric wires and cables
|
11,403,162
|
2.83
|
123,081,087
|
36.51
|
Iron and steel products
|
12,718,636
|
-5.39
|
118,829,224
|
40.45
|
Crude oil
|
|
|
101,519,218
|
8.34
|
Textile, garment, leather and footwear materials
|
11,221,517
|
6.67
|
92,564,174
|
18.47
|
Fruits and vegetables
|
6,417,731
|
28.72
|
85,619,591
|
3.64
|
Coffee
|
6,445,803
|
39.14
|
82,208,498
|
27.9
|
Rubber
|
4,706,345
|
-12.5
|
79,287,525
|
47.39
|
Chemical products
|
4,855,362
|
-2.35
|
72,186,805
|
0
|
Petroleum of all kinds
|
18,199,001
|
487.7
|
67,662,450
|
209.89
|
Rubber products
|
4,315,993
|
-9.53
|
50,117,696
|
25.71
|
Technical fabrics
|
2,082,066
|
-7.66
|
47,162,578
|
-19.7
|
Chemicals
|
5,487,446
|
42.39
|
46,150,030
|
48.43
|
Confectionery and grain products
|
4,700,307
|
-1.37
|
44,286,586
|
8.32
|
Toys, sports equipment and spare parts
|
6,213,878
|
10.02
|
39,245,980
|
48.57
|
Pepper
|
1,578,021
|
100.24
|
28,384,893
|
-18.98
|
Coal
|
2,660,819
|
-66.69
|
21,667,620
|
182.75
|
Cassava and products
|
4,259,262
|
194.55
|
21,382,265
|
-10.49
|
Ceramic and porcelain products
|
1,527,700
|
-8.67
|
17,608,336
|
8.87
|
Precious stones, metals and products
|
1,433,131
|
19.48
|
16,649,068
|
7.17
|
Animal feed and materials
|
1,145,230
|
9.92
|
15,988,970
|
4.39
|
Paper and products
|
2,181,192
|
22.61
|
14,578,720
|
90.69
|
Plastics
|
2,396,573
|
75.42
|
14,200,433
|
53.94
|
Bamboo, rattan, sedge and carpet products
|
1,202,762
|
24.01
|
10,771,109
|
-4.48
|
Fertilizer of all kinds
|
635,115
|
911.73
|
10,052,669
|
-36.54
|
Ores and minerals
|
810,890
|
14.53
|
7,351,671
|
80.62
|
CK
Source: VITIC
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