News

Imports of goods increase by more than US$6 billion

Summary

According to the General Department of Vietnam Customs, The import turnover of Vietnam from the beginning of the year till February 15 has increased by more than US$6.27 billion.

Updated on : 05-03-2022

 

The fluctuation of turnover (from the beginning of the year to February 15 of 2022 compared to 2021) of nine key commodity groups, the units of "millions of dollars". Sketched by: T.Bình.

Accordingly, the total import-export turnover of Vietnam in the first half of February (from 1 to February 15) reached US$12.66 billion, decreasing by 13.6% (equivalent to a decline of nearly US$2 billion) compared to the second half of January 2022.

The import of goods declined compared to the second half of January 2022. It mainly consisted of groups of commodities such as machinery, equipment, devices and components reduced by US$373 million, equivalent to a decrease of 19.3%; phones of all kinds and accessories declined by US$248 million, equal to a reduction of 23.1%; computers, electronic devices and components dropped by US$240 million, equivalent to a decline of 6.7%.

However, the import turnover still grew compared to the same period last year.

On February 15, the total import turnover of the country reached US$42.11 billion, rising by 17.5% (equivalent to an increase of US$6.27 billion) over the same period in 2021.

Some commodity groups increased sharply compared to the same period last year, such as computers, electronic products and components with an increase of nearly US$2.4 billion, equivalent to an increase of 29.7%; fabrics of all kinds increased by US$533 million, equivalent to 36.8%; iron and steel of all kinds increased by US$426 million, equivalent to an increase of 37%; chemicals increased by US$327 million, equivalent to an increase of 42.8%.

According to the General Department of Vietnam Customs, the import turnover of foreign direct investment (FDI) enterprises alone reached US$28.14 billion, rising by 16.9% (equivalent to an increase of US$4.1 billion) over the same period in 2020, accounting for 66.8% of the country's total import turnover.

Updated to February 15, there are nine groups of imported goods with a turnover of US$1 billion or more, including computers, electronic products and components; devices; phones and components; fabric; iron and steel; plastic materials; chemistry; common metal; chemical products.

Three new commodity groups reaching this milestone are chemicals with a turnover of US$1.09 billion, up US$327 million over the same period last year and common metals with a turnover of US$1.09 billion, an increase of US$130 million; chemical products reached US$1.06 billion, an increase of US$250 million.