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Imports of several items in 1st quarter of 2018 

 Monday, April 30,2018

AsemconnectVietnam - In the first quarter of this year, Vietnam’s imports of several goods saw increase as compared to the same period last year. The imports of seafood increased moderately, but the imports of seafood from the Philippines increased sharply by nearly 116 per cent year – on – year.

Over US$ 920 million spent on imports of animal feed and materials in first quarter
Vietnam imported US$ 342 million worth of animal feed and materials in March, increased by 40.13 per cent over the previous month and by 11.13 per cent over the same month of last year, showed the statistics figures of the General Department of Customs.
The figure brought the country’s total imports of animal feed and materials in the first 3 months of this year to $ 921 million, up by 0.22 per cent year – on – year.

In the first three months of this year, Vietnam’s imports of animal feed and materials from Brazil reached over $ 80 million, rocketed by 756.91 per cent compared with the same period last year; from Belgium – nearly $ 10 million, up by 138.88 per cent; from Mexico – over $ 1.3 million, up by 129.13 per cent; and from India – over $ 68 million, up by 68.9 per cent.
Argentina was the country’s biggest import market of animal feed and materials in February with $ 101 million, up by 8.13 per cent over the previous month and but down by 16.8 per cent over the same month of last year. The figure brought the total imports of animal feed and materials from Argentina in the first 3 months of this year to over $ 322 million, down by 21.33 per cent year – on – year and accounted for 35 per cent of the total.

The U.S followed with over $ 81 million in March, up by 162.68 per cent over the previous month and by 173.69 per cent over the same month of last year. The total imports of animal feed and materials from the U.S in the first quarter of this year reached over $ 147 million, up by 16.07 per cent year – on - year.
Meanwhile, the imports of animal feed and materials from Brazil reached over $ 30 million in March and over $ 80 million in the first 3 months of this year, rocketed by 756.91 per cent year – on – year.
Besides, Vietnam also imported animal feed and materials from India, China, Indonesia, Thailand and the U.A.E with the import value of $ 68 million; $ 53 million; $ 28 million; $ 26 million and $ 22 million, respectively.
 
Imports of LPG totaled 379,200 tons worth of over $ 211 million
Vietnam imported 117,800 tons of liquefied petroleum gas (LPG) worth of US$ 59.8 million in March, increased by 21.3 per cent in quantity and 12.2 per cent in value compared with the previous month, showed the statistics figures of the General Department of Customs.
The figure brought the country’s total imports of LPG in the first 3 months of this year to 379,200 tons worth of $ 211.4 million, up by 22.4 per cent in quantity and 23.3 per cent in value compared with the same period last year.

China was the largest LPG import market of Vietnam in the period with 142,300 tons worth of $ 83.9 million, up by 8.32 per cent in quantity and 10.45 per cent in value. Meanwhile, the imports from the U.A.E reached 46,900 tons worth of $ 25 million, down by 47.74 per cent in quantity and 46.54 per cent in value.

Besides the above two markets, Vietnam also imported LPG from Indonesia, South Korea and Thailand. The imports of LPG from Indonesia in the first 3 months of this year decreased by 47.04 per cent in quantity and 46.57 per cent in value to 5,900 tons worth of $ 3.5 million.
However, the imports of LPG from Thailand increased by 2 times in quantity and in value to 31,400 tons worth of $ 18.5 million.
In the first quarter of this year, Qatar, Saudi Arabia and Malaysia also supplied LPG for Vietnam with 46,600 tons; 11,500 tons and 1,600 tons, respectively.
 
Car imports suddenly increased sharply in March, after falling in the first two months
Vietnam imported 3,676 cars worth of US$ 84.61 million in March, increased sharply by 16 times in quantity and 6 times in value compared with the previous month, showed the statistics figures of the General Department of Customs.

However, as the falling imports in the first two months of this year, the country’s total imports of cars in the first quarter of this year reached only 4,217 units worth of $ 118.4 million, down by 84 per cent in quantity and 75.7 per cent in value year – on – year.

In March, the country imported 3,434 cars from Thailand, accounted for 93.4 per cent of the total.
However, the total car imports from Thailand reached only 3,470 units worth of $ 73.17 million.
The imports of cars from China in March also increased sharply by 187 per cent in quantity and 482 per cent in value.
 
Seafood imports from the Philippines increased sharply
Vietnam’s imports of seafood from the Philippines increased sharply by 115.8 per cent year – on – year in the first quarter of this year to US$ 2.26 million.

According to the statistics figures of the General Department of Customs, Vietnam’s imports of seafood in March increased by 35.8 per cent over the previous month and by 16.2 per cent over the same month of last year to US$ 133.99 million. The figure brought the country’s total imports of seafood in the first quarter of this year to nearly $ 406.46 million, up by 27.9 per cent year – on – year. 

Vietnam imported seafood mostly from India, Norway, China, Taiwan and Japan. India was leading the list with $ 91.22 million, up by 13.5 per cent; then Norway - $ 44.42 million, up by 86.3 per cent; Taiwan - $ 28.66 million, up by 31.2 per cent; and China - $ 24.33 million, down by 11.5 per cent.

The imports of seafood from the South East Asian countries accounted for only 8 per cent of the total with $ 32.09 million, up by 48.8 per cent year – on – year.

In the first quarter of this year, Vietnam’s imports of seafood from the Philippines increased sharply by 115.8 per cent year – on – year to $ 2.26 million; from Indonesia – up by 100.3 per cent to $ 19.75 million; from Chile – up by 98.4 per cent to $ 21.77 million; from Norway – up by 83.6 per cent to $ 44.42 million; and from Malaysia – up by 82 per cent to $ 1.48 million.
However, the imports of seafood from Myanmar, Denmark, Singapore, and China decreased by 40.4 per cent; 38.3 per cent; 13.2 per cent; and 11.5 per cent, respectively over the same period of 2017.
CK
Source: VITIC

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