Vietnam Import-Export in Jan-Apr '08 (Source: GSO VN)

Export Items	Qtty ('000 mt)	Amount (mil. $US)
Crude oil	4,580	3,496
Coal	8,624	421
Textile		2,605
Footwear		1,356
Hanbag, wallet, suitcase, hat, umbrella		250
Electronics, computer		808
Rattan, bamboo, rush, carpet		74
Porcelain, ceramic		130
Precious stones & metals		63
Electric wires & cables		326
Plastic products		270
Bicycle & spare parts		36
Vegetable & animal oil/fat		29
Children toys		26
Instant noodle		30
Rice	1,567	775
Coffee	445	906
Fruits & vegetables		123
Rubber	169	404
Pepper	24	84
Cashew nut	42	200
Tea	29	36
Wooden products		934
Aquatic products		1,148

Import Items	Qtty ('000 mt)	Amount (mil. $US)
Automobiles (*)		991
Of which: Complete units (set)	28	483
Machinery, equipment, tools & spare parts		4,614
Electronics, computers and spare parts		1,170
Petroleum	4,680	3,756
Steel	4,626	3,331
Of which: Crude Steel	1,326	870
Fertilizer	1,633	666
Of which: Urea	412	156
Plastic in primary form	586	977
Chemicals		599
Chemical products		474
Medicaments		241
Insecticides		187
Papers	361	270
Textiles, leather		728
Fabrics		1,300
Textile yarn	146	275
Cotton	103	151
Cattle feed and supplies		706
Wheat	203	81
Wood and materials		368
Milk and dairy products		169
Fats & oils, animals & vegetables		257
Motorbike *		259
Of which: Complete units (set)	59.6	60.3

Major markets of Vietnam in export business in year 2007

Products	Top 3 Markets / Amount (mil. $US)
Toys	United States (27.42), Germany (14.45), Japan (6.57)
Sugar	Indonesia (2.5), Taiwan (0.82), China (0.64)
Coffee	Germany (278), United States (212), Spain (150)
Natural Rubber	China (838), Malaysia (69.9), Taiwan (68.4)
Crude Oil	Australia (2,880), Singapore (1,573), Japan (1,013)
Rice	Philippine (468), Indonesia (378), Malaysia (116)
Wood Furniture	United States (948), Japan (307), United Kingdom (196)
Footwear	United States (885), United Kingdom (526), Germany (357)
Apparrel	United States (4,465), Japan (704), Germany (365)
Plastics products	United States (137), Japan (126), Cambodia (44)
Anthracite	China (650), Japan (133), Korea (39)

Vietnam Import - Export Forecast in year 2008 (Source: Ministry of Industry & Trade)

Vietnam Import 2007 Review

As the recent report of Ministry of Industry and Trade, there are four key factors caused the high import amount in year 2007:

1. Import of machinery and materials for foreign investment projects and other key projects of country, like Ca Mau Power - Fertilizer Complex, Ship Building, and Dung Quat Refinery project.

2. The increasement of imported material's price, like crude steel, fertilizers, plastics and textiles.

3. Export growth is less than last year (20.5% vs. 22.8% of last year). In addition, some items are controled the quantity of export to secure the country's resources and environment's issues.

4. Import tax reduction in AFTA scheme. It boosted up the big volume of import from regional countries to Vietnam.

Key import-export products in year 2007

Import	Unit	Qtty
Pulp & Paper	'000 mt	842
Fertilizer	'000 mt	3,800
Plastics	'000 mt	1,650
Gasoline	'000 mt	12,600
Construction Steel	'000 mt	7,700
in which: Crude Steel	'000 mt	2,000
Export
Crude Oil	'000 mt	16,400
Coal	'000 mt	32,500
Apparel	mil. USD	7,800
Footwear	mil. USD	4,000
Wooden Products	mil. USD	2,400
Plastics Products	mil. USD	725
Bicycles and Spare parts	mil. USD	79
Processed Seafood	mil. USD	3,790
Wire Cables	mil. USD	884

TRADE BALANCE BY COUNTRIES (FROM JAN - JUL'07)

(Source: General Department of Statistics)

IMPORT SHARES BY COUNTRIES (FROM JAN - JUL'07)

(Source: General Department of Statistics)

IMPORT - EXPORT REVIEW IN YEAR 2006

In year 2006, Vietnam exports total 39.6 billion USD (+22.1% year on year), in which: FIEs: 22.87 billion $US (+23.2% yoy)- included crude oil export. The major export market in year 2006: 20% United States (+35% yoy), 18% E.U (+30% yoy), 13% Japan (+19% yoy). There are total 9 groups which have export amount over 1 billion $US: crude oil, garment, footwear, aquatic products, furnitures, electronic components, rice, coffe and rubber.

Total import value of Vietnam in 2006 is 44.41 billion USD (+20.1% year on year), in which FIEs: 1.55 billion $US. Some goods have significant growth in 2006 like: paper (+24.8% yoy), chemicals (+18.7%), plastics (+13.6%), machinery (+24.1%).

EXPORT REVIEW 2005

Earnings from exports in December were estimated at 3 billion USD, bringing the country's export revenues this year to over 32 billion USD, 21.6 percent more than last year, according to the Trade Ministry.

Particularly, crude oil exports fetched more than 7 billion USD. Aquatic products, the country' fourth largest foreign currency earner, raked in 2.5 billion USD, 14 percent over last year. More than 5.2 million tonnes of rice have been exported, earning nearly 1.4 billion USD, a record so far in terms of both volume and value. Wooden furniture exports also surpassed their target, reaching more than 1.5 billion USD, a 33 percent year on year increase; rubber latex fetched an export value of 772 million USD; coffee, 718 million USD; electronics and computer parts, 1.5 billion USD.

The US is the biggest market for Vietnamese products, spending 4.8 billion USD. It was followed by ASEAN countries with more than 4.4 billion USD; the EU, more than 4.3 billion USD; Japan , 3.5 billion USD, and China , 2.3 billion USD.

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IMPORT REVIEW 2005 (Source: MOT)

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TRADE RECORDS FROM 1996 - 2005

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Past records - click here