Monday, May 21,2018 - 0:20 GMT+7  Việt Nam EngLish 

Imports of chemicals increased sharply 

 Wednesday, May 16,2018

AsemconnectVietnam - Vietnam imported US$ 1.15 billion worth of chemicals in the first three months of this year, increased by 22.7 per cent over the same period last year, showed the statistics figures of the General Department of Customs.

In March only, the country spent $ 444.32 million on imports of chemicals, up by 56 per cent over the previous month and by 17.3 per cent over the same month of last year.

China was the country’s biggest chemical import market in the first three months of this year with the import value of $ 343.52 million, up by 21.7 per cent year – on – year.

It was followed by Taiwan - $ 152.8 million, up by 19.4 per cent; South Korea - $ 106.83 million, up by
34.3 per cent; Thailand - $ 100.82 million, up by 21.8 per cent.

In the first three months of this year, Vietnam’s imports of chemicals from Saudi Arabia increased sharply by 329.4 per cent compared with the same period last year to $ 6.15 million; from Russia – up by 314.5 per cent to $ 9.52 million; from Brunei – up by 154 per cent to $ 5.56 million; Switzerland – up by 127.4 per cent to $ 3.03 million; from Belgium – up by 81.2 per cent to $ 12.01 million.

However, the country’s imports of chemicals from Hong Kong, Spain, Britain, Indonesia and South Africa decreased by 55.7 per cent; 46 per cent; 33 per cent; 27.5 per cent and 20 per cent, respectively year – on – year.

Vietnam’s imports of chemicals in the first 3 months of 2018 -
Unit: US$ - source: VITIC – according to the figures of the General Department of Customs
Market
March of 2018
March of 2018 vs. February of 2018 (%)
First quarter of 2018
First quarter of 2018 vs. same period of 2017 (%)
Total import value
444,319,508
55.95
1,145,234,449
22.72
China
126,369,241
50.43
343,522,551
21.72
Taiwan
60,697,735
50.14
152,804,786
19.43
South Korea
41,199,618
66.48
106,829,447
34.3
Thailand
37,742,836
56.35
100,818,062
21.8
Japan
39,048,547
60.92
91,657,401
1.57
Malaysia
26,354,868
155.52
61,249,502
88.11
Singapore
33,746,639
176.26
56,472,806
36.23
Indonesia
10,901,098
-25.43
43,405,597
-27.49
India
13,504,800
56.41
33,457,976
32.47
The U.S
11,207,982
91.01
30,097,120
3.91
Germany
6,769,162
9.83
21,264,673
56.12
The Netherlands
4,676,701
-7.72
12,833,717
35.36
Belgium
4,875,536
2.28
12,005,287
81.17
Brazil
4,335,710
48.58
10,229,512
57.31
France
3,006,085
72.87
9,681,522
28.94
Russia
4,024,262
18.49
9,517,050
314.5
Saudi Arabia
2,418,989
109.98
6,154,526
329.39
Brunei
2,209,269
250.1
5,556,017
154.03
Spain
1,048,492
2.96
4,834,426
-45.96
Italy
1,347,008
42.37
3,953,637
20
Switzerland
721,058
-52.56
3,034,350
127.4
Britain
262,555
-33.81
971,053
-33.1
Australia
447,184
625.45
869,646
7.61
Hong Kong
382,036
257.17
713,339
-55.73
South Africa
352,859
295.79
674,841
-19.99
Czech
229,576
45.54
421,901
20.71
CK
Source: VITIC

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