Monday, August 20,2018 - 13:41 GMT+7  Việt Nam EngLish 

Vietnam – South Korea trade exchange hit US$ 31.35 billion in first 6 months 

 Saturday, August 11,2018

AsemconnectVietnam - Vietnam – South Korea trade exchange hit US$31.35 billion in the first six months of this year, increased slightly by 7.4 per cent over the same period of 2017, showed the statistics figures of the General Department of Customs.

Of the figure, the country imported $22.63 billion worth of goods from; and exported $8.72 billion worth of goods to South Korea.

So in the first six months of this year, Vietnam got $13.91 billion of deficit in trade exchange with South Korea, down by 13.4 per cent year – on – year. 

Computers, electronics and components were the leading item imported by Vietnam from South Korea in the first six months of this year with the import value of $8.49 billion, accounted for 37.5 per cent of the total imports from South Korea and increased by 40.5 per cent compared with the same period last year.

Machines, equipment and spare parts ranked second with $3.11 billion, down by 49.7 per cent; and then telephones and components – over $ 2 billion, down by 12.7 per cent; petroleum - $ 1.32 billion, up by 51 per cent; and fabrics - $1.09 billion, up by 10.5 per cent.

In the first six months of this year, the country’s imports of almost all items from South Korea saw growth. The imports of gas increased sharply by 211.8 per cent to $3.17 million; cameras, camcorders and components – up by 145.5 per cent to $260.3 million; fruits and vegetables – up by 106.6 per cent to $12.17 million; cotton – up by 95 per cent to $3.37 million; seafood – up by 90.7 per cent to $41.56 million; ores and minerals – up by 86 per cent to $7.89 million.

However, the imports of CBU cars were down by 92.6 per cent to $6.92 million; means of transport and spare parts – down by 47.8 per cent to $18.58 million; fertilizer – down by 36.8 per cent to $26.66 million.

Vietnam’s imports of goods from South Korea in the first six months of 2018 -
Unit: US$ - source: VITIC – according to the figures of the General Department of Customs
Item
June of 2018
June of 2018 vs. May of 2018 (%)
First 6 months of 2018
First 6 months of 2018 vs. same period of 2017 (%)
Total import value
3,736,069,370
-1.21
22,627,236,978
0.31
Computers, electronics and components
1,213,695,372
-15.69
8,487,272,301
40.5
Machines, equipment and spare parts
548,156,868
-13.58
3,107,599,080
-49.69
Telephones and components
316,795,495
66.24
2,000,988,186
-12.69
Petroleum of all kinds
306,081,859
61.16
1,321,438,728
50.99
Fabrics of all kinds
215,586,862
4.57
1,091,703,162
10.45
Plastic products
143,896,072
4.26
812,477,394
5.86
Plastics
136,294,450
-1.86
791,531,090
14.15
Other ordinary metals
127,565,787
-8.12
761,159,296
7.06
Iron and steel of all kinds
128,957,959
1.59
725,013,427
21.62
Auto components and spare parts
48,045,712
192.09
381,860,968
-13.02
Textile, garment, leather and footwear materials
75,992,708
1.27
377,677,079
-2.61
Iron and steel products
49,244,913
-2.08
317,565,194
-5.09
Chemical products
52,852,511
-8.75
313,228,503
1.93
Cameras, camcorders and components
44,624,514
-1.97
260,299,851
145.47
Chemicals
38,670,638
20.19
211,788,815
27.17
Papers of all kinds
24,480,783
-2.81
142,067,178
30.2
Other metal products
17,075,507
-6.42
105,888,104
-4.59
Rubber
19,257,513
1.71
103,651,742
-7.42
Fibers of all kinds
14,108,606
-20.84
93,885,196
10.79
Other oil products
15,635,737
-5.2
84,273,289
29.42
Electric wires and cables
14,590,692
6.37
81,567,699
32.39
Pharmaceuticals
12,535,311
-3.39
76,041,161
-20.17
Rubber products
9,038,501
-4.41
57,149,237
-21.43
Seafood
7,786,047
-34.58
41,559,513
90.71
Paper products
7,503,380
23.99
35,364,346
22.43
Glass and products
5,575,425
-21.64
35,062,025
-12.16
Household appliances and components
4,489,216
-25.97
30,522,388
2.32
Fertilizer of all kinds
6,745,242
2.056.90
26,657,274
-36.75
Precious stones, metals and products
4,375,169
24.8
25,502,608
8.22
Fragrant and hygiene products
3,902,280
-19.88
24,859,850
37.86
Animal feed and materials
4,776,689
-10.84
24,462,575
52.75
Other means of transport and spare parts
5,510,312
83.31
18,584,662
-47.83
Other food products
2,704,004
-29.25
16,685,647
27.55
Pesticides and materials
4,793,242
-4.81
15,530,093
-20.41
Confectionery and grain products
2,237,726
-9.18
13,711,408
44.39
Fruits and vegetables
751,528
-44.14
12,172,042
106.59
Ores and minerals
1,667,083
176.33
7,893,706
86.13
CBU autos of all kinds
1,949,612
-43.15
6,919,148
-92.56
Milk and dairy products
1,047,052
-23.24
5,803,721
37.98
Wood and furniture
700,883
-52.27
4,065,235
-23.6
Cotton of all kinds
650,479
-18.25
3,370,279
94.95
Pharmaceutical materials
621,137
-18.02
3,215,557
79.23
Liquefied gas
141,797
-85.69
3,167,428
211.77
Oil and grease
411,677
46.5
2,058,257
-18.37
CK
Source: VITIC

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