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Of which, mobile phones of all kinds and electronic components increased sharply with an import turnover of US$ 528 million; Computers, electronic products and components increased US$ 219 million, Machinery, equipment and part thereof increased by US$ 142 million; and CBU cars increased by US $ 52 million. In addition, in July, 2018, some groups fell sharply, such as petroleum of all kinds reduced US$ 400 million and animal feed reduced US$ 140 million.

Imports of goods in seven months from the beginning of 2018 continued to increase 11.1% with 45/54 increased groups over the same period in 2017. The number of groups with import turnover of over US$ 1 billion were 27/54 groups; in particular, the top increases were the groups: coals of all kinds with an increase of 71.6%; scrap steel with 56.9%; normal metals with 35.6%; fiber and textile yarn with 33%; cotton with 32.7%; and petroleum with 31.6%., etc., compared to the same period last year.

Computers, electronic products and components is the group with the largest import value in 7 months of 2018.

Import value of this group in July 2018 reached US$ 3.38 billion, up 6.9% over the previous month. Accordingly, import turnover of this group in 7 months of 2018 reached US$ 23.15 billion, up 13.9% over the same period last year.

The largest export markets for computers, electronic products and components to Vietnam were South Korea with US$ 9.79 billion, up 18.4%; China with US$ 3.95 billion, up 3.4%; and Japan with US$ 2.12 billion, up 30.5%.

Machinery, equipment and spare parts: Import value of this group in July 2018 reached $ 2.94 billion, up 5.1% over the previous month. By the end of July, the import value of this commodity group was $ 18.87 billion, down 6.4% over the same period of 2017.

Machinery, equipment and spare parts in the first 7 months of 2018 were mainly imported from China with US$ 6.51 billion, up 4.1% over the same period last year; from South Korea with US$ 3.69 billion, down 37%; and from Japan with US$ 2.52 billion, down slightly 0.2% etc.

Mobile phones and components: the import value of this group in July 2018 reached US$ 1.4 billion, up 60.3% over the previous month. By the end of July, the import value of this group reached US$ 7.39 billion, down slightly by 0.6% over the same period of 2017.

Mobile phones and components in 7 months of 2018 were mainly imported from China with US$ 4.33 billion, up 11.3% and from South Korea with US$ 2.58 billion, down by 6.8% over the same period last year.

Fabrics of all kinds: the import turnover in July 2018 gained US$ 1.13 billion, down 1.1% over the previous month, bringing the import value of this group in the first seven months of 2018 to US$ 7.39 billion, up 14.4% over the same period last year.

Fabrics to Vietnam in 7 months 2018 were mainly imported from China with US$ 4.05 billion, up 18.2% over the same period last year; from South Korea with US$ 1.3 billion, up 9%; from Taiwan with US$ 932 million, up 3%; and from Japan with US$ 433 million, up 16.1 %.

Iron and steel of all kinds: the import turnover was 1.18 million tons, valued at US$ 879 million, down by 2.6% in volume and up slightly 0.1% in value. In 7 months 2018, the import this group reached US$ 8.05 million tons, worth US$ 5.8 billion, down by 10.4% in volume but up slightly 10.4% in value over the same period in 2017.

In 7 months 2018, China continued to be the largest export market for iron and steel for Vietnam with nearly 3.88 million tons, worth more than US$ 2.77 billion, down by 13.3% in volume, but up by 10.5% in value over the same period last year. Japan ranked second with 1.29 million tons worth US$ 909 million, down 1 % in volume but up 15.6 % in value.

Petroleum of all kinds: the import volume in July, 2018 reached over 820 thousand tons, valued at US$ 558 million, a sharp drop of 41.7% in volume and 41.8% in value compared to the previous month, bringing the import of petroleum products in 7 months of 2018 to 7.8 million tons, valued at US$ 5.2 billion, up 3.9% in volume and 31.6% in value over the same period last year.

Petroleum products were mainly imported to Vietnam in 7 months of 2018 from Malaysia with 2.2 million tons, up 50.5%; from South Korea at 1.97 million ton, up 11.6 % against the seven months of 2017. Particularly, petroleum imported from Singapore in the past 7 months decreased sharply with only 1.81 million tons, down 40.5% over the same period last year.

Plastic materials: the import turnover in July 2018 of this group gained 432 thousand tons, worth US$ 720 million, down 4.3% in volume and 3.4% in value compared to the previous month. By the end of July, 2018, the import value of this group reached 3.09 million tons, worth US$ 5.04 billion, up 8.4% in volume and 18% in value over the same period last year.

Imported plastic materials in July 201* were originated from South Korea with 432 thousand tons, worth US$ 720 million, down 4.3% in volume and 3.4% in value compared to the previous month. By the end of July, 2018, the import value of this commodity group reached 3.09 million tons, worth US$ 5.04 billion, up 8.4% in volume and 18% in value over the same period last year.

Imported plastic materials in the first 7 months of 2018 were mainly originated from South Korea with 535 thousand tons, valued at US$ 925 million, up 4.1% in volume and 11.6% in value over the same period last year; from United Arab Emirates with 578 thousand tons, valued at US$ 740 million, up 4.5% in volume and up 16.8% in value; from Taiwan with 426 thousand tons, valued at US$ 707 million, up 11% in volume and up 18.6% in value.

Raw materials for textiles, leather and footwear: Imports in July 2018 reached US$ 502 million, up 2.1% over the previous month, bringing the import value in the first seven months of 2018 to US$ 3.32 billion, up by 3.7% over the same period last year.

In the first seven months of 2018, Vietnamese enterprises mainly imported this group from China with US$ 1.24 billion, up 3.9%; from Korea with US$ 456 million, down 1.6%; from Taiwan with US$ 266 million, down 9.3% over the same period in 2017.

Plastic products: Import value in July 2018 was US$ 496 million, up 4.3% against the previous month, bringing the import value of this commodity group in the first 7 months of 2018 to US$ 3.28 billion, up by 11.1 % compared to the same period last year.

Imported plastic products in the first seven months of 2018 mainly originated from China with US $ 1.16 billion, up 16.8% over the same period last year; from South Korea with US$ 975 million, up 9.1%; and from Japan with US$ 480 million, up 6.9%.

Chemicals: Imports of this group in July 2018 was US$ 443 million, up 3.7% over the previous month, bringing the import value of this group in 7 months of 2018 to US$ 2.9 billion, up 26.7% % compared to the same period last year.

Imports of chemicals in the first seven months of 2018 were mainly originated from China with US$ 906 million, up 26.4% over the same period of 2017; from Taiwan with US$ 378 million, up 35.5%; and from South Korea with US$ 245 million, up 27.7% ...

Source:  Customs News