Imports of goods from U.S increased sharply
Wednesday, October 10,2018AsemconnectVietnam - The bilateral trade exchange between Vietnam and the U.S reached US$ 39.48 billion in the first eight months of this year, increased by 17.7 per cent over the same period last year, showed the statistics figures of the General Department of Customs.
Computers, electronics and components were leading the list of items imported by the country from the U.S in the first eight months of this year with the import value of $2.05 billion, up by 9.8 per cent year – on – year and accounted for 23.7 per cent of the total.
Cotton ranked second with $1.15 billion, up by 22.5 per cent; and then machines, equipment and spare parts - $643.52 million, up by 6.5 per cent; ordinary metal products - $554.57 million, up by 33.8 times; animal feed and materials - $441.09 million, up by 142.6 per cent; ordinary metals - $339.02 million, up by 52.8 per cent.
The imports of milk and dairy products from the U/S also increased by 99.3 per cent to $78.71 million; iron and steel scraps – up by 89 per cent to $213.03 million; fruit and vegetables – up by 83.5 per cent to $109.32 million; iron and steel of all kinds – up by 78 per cent to $14.95 million.
However, the imports of telephones and components from the U.S decreased sharply by 89.6 per cent to $4.17 million; autos – down by 71.6 per cent; cameras, camcorders and components – down by 70.3 per cent; glass and products – down by 43.3 per cent; and oil products – down by 42.7 per cent.
Vietnam’s imports of goods from the U.S in the first eight months of 2018 -Unit: US$ - source: VITIC – according to the figures of the General Department of Customs
Item
|
August of 2018
|
August of 2018 vs. July of 2018
(%)
|
First 8 months of 2018
|
First 8 months of 2018 vs. same period of 2017 (%)
|
Total
|
1,044,598,818
|
-31.02
|
8,661,400,497
|
40.79
|
Computers, electronics and components
|
289,147,052
|
21.16
|
2,048,633,603
|
9.81
|
Cotton of all kinds
|
130,634,278
|
-24.89
|
1,147,134,749
|
22.47
|
Machines, equipment and spare parts
|
77,661,602
|
-30.52
|
643,521,207
|
6.49
|
Other ordinary metal products
|
2,577,288
|
-99.2
|
554,565,459
|
3.284.05
|
Animal feed and materials
|
71,345,022
|
45.94
|
441,085,132
|
142.63
|
Other ordinary metals
|
761,589
|
-99.58
|
339,024,331
|
5.182.45
|
Soybean
|
46,689,650
|
4.93
|
305,471,446
|
61.19
|
Textile, garment, leather and footwear materials
|
39,945,387
|
14.34
|
261,849,891
|
14.75
|
Iron and steel scraps
|
27,163,582
|
1.3
|
213,027,086
|
89.11
|
Plastics
|
32,942,995
|
2.22
|
207,510,459
|
19.61
|
Chemical products
|
29,834,625
|
8.08
|
205,963,507
|
15.57
|
Wood and furniture
|
29,655,935
|
1.73
|
200,828,394
|
18.58
|
Other means of transport and spare parts
|
15,617,891
|
26.15
|
169,139,160
|
28.78
|
Other food products
|
15,077,248
|
15.88
|
122,096,636
|
9.41
|
Fruits and vegetables
|
18,356,362
|
-18.49
|
109,317,411
|
83.54
|
Chemicals
|
14,597,842
|
76.48
|
107,922,668
|
15.06
|
Pharmaceuticals
|
11,021,763
|
61.2
|
84,783,646
|
0.7
|
Plastic products
|
10,891,319
|
5.95
|
83,355,338
|
27.28
|
Milk and dairy products
|
14,052,738
|
46.12
|
79,707,008
|
99.29
|
Glass and products
|
5,873,205
|
26.67
|
49,104,908
|
-43.32
|
Seafood
|
6,924,583
|
224.81
|
37,289,962
|
56.69
|
Wheat
|
102,043
|
|
36,653,202
|
1.351.52
|
Iron and steel products
|
5,837,720
|
24.35
|
35,852,405
|
6.76
|
Fragrant and hygiene products
|
4,428,753
|
15.18
|
34,751,056
|
27.66
|
Rubber
|
3,238,474
|
17.06
|
23,893,974
|
18.47
|
Tobacco materials
|
3,746,077
|
-14.65
|
22,343,592
|
25.3
|
Other oil products
|
2,406,043
|
10.48
|
20,291,053
|
-42.67
|
Fabrics of all kinds
|
2,480,704
|
42.53
|
17,170,316
|
-20.84
|
CBU autos of all kinds
|
636,816
|
-82.76
|
16,374,962
|
-71.61
|
Ores and minerals
|
3,098,209
|
50.23
|
15,654,232
|
19.1
|
Iron and steel of all kinds
|
3,402,666
|
69.53
|
14,950,555
|
77.99
|
Paper of all kinds
|
2,315,206
|
-19.14
|
14,638,424
|
-7.55
|
Rubber products
|
1,442,879
|
-18.91
|
11,523,597
|
11.45
|
Electric wires and cables
|
1,190,597
|
49.71
|
9,455,060
|
16.49
|
Precious stones, metals and products
|
1,754,599
|
123.67
|
9,123,415
|
-4.8
|
Cameras, camcorders and components
|
981,629
|
-25.6
|
8,749,545
|
-70.32
|
Fertilizer of all kinds
|
890,945
|
23.52
|
8,602,187
|
-2.32
|
Paper products
|
1,019,159
|
21.32
|
6,629,711
|
11.67
|
Pesticides and materials
|
871,938
|
3.78
|
6,505,269
|
14.2
|
Auto components and spare parts
|
423,285
|
-60.56
|
6,001,316
|
10.92
|
Confectionery and grain products
|
974,336
|
28.27
|
4,759,352
|
46.46
|
Oil and grease
|
318,590
|
-11.08
|
4,260,096
|
-22.18
|
Telephones and components
|
460,857
|
16.42
|
4,168,471
|
-89.56
|
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