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Imports from South Korea totaled US$31.05 billion in eight months 

 Monday, October 15,2018

AsemconnectVietnam - Vietnam’s imports of goods from South Korea in the first eight months of this year increased by 3.3 per cent over the same period last year to over US$31.05 billion, accounted for 20.2 per cent of the country’s total import value, showed the statistics figures of the General Department of Customs.

However, the country’s exports of goods to South Korea in the first eight months of this year increased sharply by 29.5 per cent to $11.93 billion.

Computers, electronics and components were the leading item imported by the country from South Korea in the first eight months of this year with the imports value of $11.35 billion, up by 37.5 per cent year – on – year and accounted for 36.6 per cent of the total.

It was followed by machines, equipment and spare parts with $4.14 billion, down by 46 per cent; and then telephones and components - $3.45 billion, up by 1.4 per cent; fabrics - $1.45 billion, up by 9.2 per cent; petroleum - $1.58 billion, up by 34.9 per cent; plastic products - $1.15 billion, up by 10.2 per cent; ordinary metals - $1.01 billion, up by 5.8 per cent; and plastics - $1.08 billion, up by 15.2 per cent.

In the first eight months of this year, Vietnam’s imports of gas from South Korea increased sharply by 150.9 per cent to $3.53 million; cameras, camcorders and components – up by 124.8 per cent to $343.82 million; cotton – up by 102.2 per cent to $4.39 million; ores and minerals – up by 82.8 per cent to $10.86 million; fruits and vegetables – up by 93.8 per cent to $14.42 million; pharmaceutical materials – up by 72.3 per cent to $3.78 million.
 
However, the imports of cars from South Korea fell sharply by 85.9 per cent year – on – year to $17.91 million; machines, equipment and spare parts – down by 46 per cent; means of transport – down by 35.4 per cent; fertilizer – down by 28.7 per cent; and wood and furniture – down by 26.3 per cent.

Vietnam’s imports of goods from South Korea in the first eight months of 2018 -
Unit: US$2018 - 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
4,308,323,767
7.67
31,053,549,501
3.27
Computers, electronics and components
1,540,168,515
18.11
11,350,894,358
37.46
Machines, equipment and spare parts
432,666,495
-26.6
4,140,887,032
-46.04
Telephones and components
875,280,932
52.04
3,452,931,614
1.44
Petroleum of all kinds
101,998,753
-25.11
1,576,605,820
34.86
Fabrics of all kinds
148,439,580
-28.13
1,449,529,963
9.17
Plastic products
168,957,441
3.88
1,148,462,440
10.24
Plastics
144,765,289
7.89
1,078,662,899
15.19
Other ordinary metals
125,240,610
-0.56
1,012,710,787
5.8
Iron and steel of all kinds
112,961,834
-11.23
965,754,119
22.44
Auto components and spare parts
76,816,770
39.64
549,541,746
3.62
Textile, garment, leather and footwear materials
62,418,584
-20.65
519,861,125
0.62
Chemical products
59,417,908
0.65
432,152,867
5.86
Iron and steel products
57,289,395
10.02
428,347,351
-0.34
Cameras, camcorders and components
40,867,981
0.78
343,815,114
124.83
Chemicals
35,559,930
5.6
281,388,102
27.02
Paper of all kinds
22,583,499
-4.07
188,217,730
31.42
Ordinary metal products
17,886,440
-11.36
147,853,355
0.03
Rubber
17,527,027
11.62
137,003,934
-2.3
Fibers of all kinds
17,869,677
3.42
129,350,054
14.93
Other oil products
13,754,331
-27.21
116,958,323
36.92
Pharmaceuticals
14,081,170
-19.54
107,491,869
-13.3
Electric wires and cables
11,619,545
-8.64
106,126,757
24.58
Rubber products
9,142,121
-3.77
76,115,123
-21.46
Seafood
6,792,571
18.63
54,196,054
66.6
Glass and products
6,346,104
1.18
47,841,783
-8.93
Paper products
4,524,509
-18.52
45,239,704
15.57
Household appliances and components
4,425,997
-1.92
41,331,796
5.66
Precious stones, metals and products
6,678,401
44.35
36,938,620
13.18
Fertilizer of all kinds
6,999,641
87.07
36,907,657
-28.65
Animal feed and materials
4,029,781
-7.86
32,863,954
39.72
Fragrant and hygiene products
2,875,495
-27.72
31,602,291
31.1
Other means of transport and spare parts
191,630
-98.22
29,518,291
-35.44
Other food products
2,956,361
-14.93
23,153,670
28.05
Pesticide and materials
2,756,633
-34.54
22,451,629
-18.47
Confectionery and grain products
2,687,063
17.72
18,693,057
36.59
CBU autos of all kinds
7,134,609
90.07
17,921,466
-85.88
Fruits and vegetables
1,499,667
100.07
14,422,225
93.84
Ores and minerals
2,178,468
176.67
10,862,438
82.77
Milk and dairy products
179,719
-79.82
8,674,145
44.13
Wood and furniture
555,012
18.92
5,085,378
-26.33
Cotton of all kinds
581,078
35.32
4,387,894
102.16
Pharmaceutical materials
69,000
-86.18
3,783,816
72.25
Liquefied gas
144,459
-33.21
3,528,175
150.87
Oil and grease
285,292
-14.69
2,683,149
-20.24
CK
Source: VITIC

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