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Items imported from the EU in 8 months of 2024 

 Wednesday, October 9,2024

AsemconnectVietnam - According to preliminary statistics of the General Department of Customs, goods imported from the EU into Vietnam have reached over 10.81 billion USD in 8 months of 2024, up 11.04% year on year.

Imports of goods from the EU market account for 4.38% of the total import turnover of goods from all markets in the world. In the first 8 months of 2024, there are 3 groups of goods imported from the EU with a turnover of over 1 billion USD, namely: Computers, electronic products and components; Machinery, equipment, instruments, spare parts and Pharmaceuticals.
The largest group of imports from the EU in the past 8 months were computers, electronic products and components reaching over 2.42 billion USD, accounting for 22.42% of the total import turnover of goods of all kinds from this market, up 27.8% compared to the first 8 months of 2023.
The group of machinery, equipment, tools and spare parts imported from the EU ranked 2nd in terms of turnover reaching over 1.94 billion USD, accounting for 17.96% of the total turnover, up 3.91%. Next, the pharmaceutical group reached over 1.46 billion USD, accounting for 13.53% of the total turnover, up 28.71%.
Most goods imported from the EU in the first 8 months of this year increased in turnover compared to the first 8 months of 2023, of which some commodity groups increased sharply such as: Computers, electronic products and components increased by 27.38% to 2.42 billion USD; pharmaceuticals increased by 28.71% to over 1.46 billion USD; Other means of transport and spare parts increased by 31.81% to over 158 million USD.
Some products, although the turnover is low, increased significantly compared to the same period in 2023 such as: fertilizers of all kinds with a turnover of only 35 million USD but increased by 51.53%, accounting for a very small proportion of 0.33%; Glass and glass products reached 17 million USD but also increased by 29.29%, accounting for 0.16%.
In contrast, the groups of export goods decreased sharply including: Cars of all kinds decreased by 84.84% to only nearly 13.5 million USD; Animal feed and raw materials decreased by 51.72% tog 100 million USD; Ores and other minerals decreased by 38.87% to 4.53 million USD; Paper products decreased by 37.75% to 2 million USD.
Import turnover of goods from the EU in 8 months of 2024
Unit: USD
Cargo Groups
August of 2024
First eight months of 2024
Value (USD)
Compared to July 2024 (%)
Compared to August 2023 (%)
Value (USD)
Compared to 8M/2023 (%)
Market Share(%)
TOTAL
1,498,242,498
-6.66
17.12
10,806,262,107
11.04
100
Computers, electronic products and components
300,460,791
-18.96
17.61
2,422,395,403
27.8
22.42
Other machinery, equipment, tools and spare parts
280,558,153
-1.77
14.99
1,941,214,615
3.91
17.96
Pharmaceutical product
195,443,258
-2.87
53.07
1,461,633,652
28.71
13.53
Chemical Products
73,491,031
-2.04
37.99
460,532,998
12.06
4.26
Chemical
35,030,491
-38.99
-10.76
355,966,168
7.3
3.29
Textile, garment, leather, footwear raw materials
23,467,169
-15.38
-0.02
185,033,923
19.33
1.71
Milk and dairy products
23,877,641
-4.92
19.17
159,390,460
-11.32
1.47
Other means of transport and spare parts
22,500,785
36.36
77.47
158,414,979
31.81
1.47
Raw Material Plastics
19,049,066
-21.42
-15.17
158,089,297
6.9
1.46
Wood and wood products
30,516,193
-4.88
28.05
153,907,722
4.41
1.42
Fabrics of all kinds
16,279,505
-14.94
-10.98
125,556,141
4.56
1.16
Plastic Products
18,892,434
7.53
31.21
117,825,536
3.44
1.09
Iron and steel products
15,793,697
-10.97
-2.1
117,419,296
1.51
1.09
Animal Feed and Raw Materials
13,970,048
-0.2
-10.83
100,086,186
-51.72
0.93
Aromatics, cosmetics and hygiene products
11,738,368
-3.18
16.88
89,500,356
8.82
0.83
Auto components and spare parts
10,689,128
-19.14
-63.62
71,613,383
-40.9
0.66
Other food preparations
8,428,824
-19.83
-0.7
67,310,945
-20.13
0.62
Gemstones, precious metals and products
5,229,508
-44.88
-45.79
65,184,698
-28.41
0.6
Paper of all kinds
7,869,899
-16.44
8.53
53,105,534
-3.92
0.49
Iron and steel of all kinds
6,284,717
2.2
-26.32
48,816,814
-16.97
0.45
Pesticides and raw materials
7,814,761
-22.58
50.49
43,207,964
-4.06
0.4
Fertilizers of all kinds
5,556,306
-14.13
65.29
35,290,036
51.53
0.33
Other common metals
4,006,246
-36.41
1.21
34,313,485
17.47
0.32
Rubber products
3,584,543
-24.79
-21.32
28,843,715
-6
0.27
Pharmaceutical Raw Materials
2,539,654
-35.99
-38.57
21,426,217
-4.51
0.2
Glass and glass products
2,624,663
34.67
52.26
17,414,804
29.29
0.16
Electrical wires and electrical cables
2,545,734
4.75
36.52
16,990,332
-6.27
0.16
Fibers, weaving yarns of all kinds
3,152,193
49.69
150.9
16,817,346
37.86
0.16
Seafood
2,166,284
30.99
29.64
15,140,521
-31.44
0.14
Other petroleum products
1,947,673
-11.54
-0.82
14,139,617
10.38
0.13
Rubber
2,319,036
13.38
13.83
13,643,239
-6.42
0.13
Whole cars of all kinds
543,854
-84.57
-79.58
13,536,376
-84.84
0.13
Other common metal products
1,674,770
17.81
24.33
9,473,912
-2.37
0.09
Household electrical appliances and components
1,330,448
155.08
-2.25
8,042,999
-32.41
0.07
Confectionery and cereal products
1,162,921
11.42
-6.35
6,927,068
7.92
0.06
Ores and other minerals
664,287
-31.31
2.61
4,531,163
-38.87
0.04
Tobacco Raw Materials
2,016,983
130.81
204.53
3,768,805
28.45
0.03
Paper Products
369,880
5.17
35.54
2,020,046
-37.75
0.02
Phones of all kinds and components
 
-100
 
60,670
49.95
0
Others
332,651,563
8.21
19.08
2,187,675,680
14.62
20.24
Source: Calculated from data of the General Department of Vietnam Customs
 T.Huong
Source: Vitic

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