Top 5 Imports Vietnam year 2018!
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We hope that professionals interested in international trade, imports and exports can make better decisions and obtain greater profits using detailed strategic information from each of the countries.
In this first post we will generate an analysis of total imports and exports within 12 countries that have evolved positively in recent years: Uzbekistan, Kazakhstan, Russia, Ukraine, Philippines, Indonesia, India, Mexico, Pakistan, Vietnam, China, and Brazil.
We trust that the information we will provide below will provide you with tools to understand the dynamics of the sectors that have the greatest representation within Vietnam.
Initial insights
Initially, total imports of all products in Vietnam for 2017 amounted to US $ 213215299miles. For the 2018 period, the total reached was US $ 236837415 thousand.
This first look shows that purchases made abroad by Vietnam had a growth rate equivalent to 0.11; or what is equivalent to US $ 23622116 thousand.
Among the products that have the greatest participation in Vietnam's total imports, we must name Integrated Electronic Circuits; which, internationally, and based on the customs tariff, is codified under the tariff code '854239. This product for 2017 reached a total of imports equivalent to US $ 13812327 thousand. We must present that for the year 2018 the total imported of integrated electronic circuits was US $ 15913253 thousand.
Based on this we must mention that Integrated Electronic Circuits presented a percentage variation of 0.14, this includes a change in values of US $ 2100926 thousand.
A second product that has shown a high share of Vietnam's total imports is Parts of telephones , cell phones or for radio stations or other transmission devices ; which, at the international level, and based on the customs tariff, is coded under the tariff code '851770. This product for 2017 reached a total of imports equivalent to US $ 15204516 thousand. We must present that for the year 2018 the total imported of Parts of telephones , cell phones or for Radio or other transmission devices was US $ 14725671 thousand.
Based on this, we must mention that Parts of telephones , cell phones or Radio or other transmission devices presented a percentage variation of -2, 9 , this includes a change in values of US $ -478845 thousand.
Third, Integrated electronic circuits such as processors and controllers, without combination has a high share of total imports from Vietnam. This product internationally, and based on the customs tariff, is coded under the tariff code '854231. This product for the year 2017 reached a total of imports equivalent to US $ 6622602 thousand. We must present that by 2018 the total imported of integrated electronic circuits such as processors and controllers, without combination was US $ 7209385 thousand.
Based on this we must name that Integrated electronic circuits such as processors and controllers, without combination I present a percentage variation of 0.08, this includes a change in values of US $ 586783 thousand
Continuing within the Vietnam industry; Medium oils and preparations, of petroleum or bituminous ore, which do not contain biodiesel have a high share of total imports. This product internationally, and based on the customs tariff, is coded under the tariff code '271019. This product for the year 2017 reached a total of imports equivalent to US $ 5579364 thousand. We must present that by 2018 the total amount of imported medium oils and preparations, of petroleum or bituminous ore, that do not contain biodiesel was 6390206.
Based on this we must mention that Medium oils and preparations, of petroleum or bituminous ore, which do not contain biodiesel, presented a percentage variation of 0.14, this includes a change in values of US $ 810842 thousand.
Fifth, within the Vietnam industry; Printed circuits has a high share of total imports. This product internationally, and based on the customs tariff, is coded under the tariff code '853400. This product for 2017 reached a total of imports equivalent to US $ 335,674 thousand. We must present that for the year 2018 the total amount of printed circuits was US $ 3311004 thousand.
Based on this we must mention that Printed Circuits presented a percentage variation of -0.01, this includes a change in values of US $ -45670 thousand.
In summary!
Total imports Vietnam for the year 2018: US $ 236837415 thousand
Total imports Integrated electronic circuits for the year 2018: US $ 15913253 thousand
Total imports Parts of telephones , cell phones or radio stations or other transmission devices for the year 2018: US $ 14725671 thousand
Total imports Integrated electronic circuits such as processors and controllers, without combination for the year 2018: US $ 7209385 thousand
Total imports Average oils and preparations, of petroleum or bituminous ore, which do not contain biodiesel for the year 2018: US $ 6390206 thousand
Total imports Printed circuits for the year 2018: US $ 3311004 thousand
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