Imports of raw materials and raw materials for fabrics and garments increased significantly in Vietnam in the first five months

January 26, 2019

According to the statistics of the Central Bureau of Statistics of Vietnam, in May 2011, the export value for a single month was estimated to be about US$7.5 billion, and the import amount was about US$9.2 billion, a deficit of US$1.7 billion.

The trade deficit increased by 14% from April and hit a record high of the latest 17 months.

In May, the fabrics imported 750 million U.S. dollars (an increase of 100 million U.S. dollars in April), the import of animal feeds and raw materials for production was approximately 160 million U.S. dollars (a 14.3% increase over April), and raw materials for raw materials were used as raw materials. Increased by 40 million U.S. dollars from the previous month, chemical materials increased by 50 million U.S. dollars, resin increased by 28 million U.S. dollars, steel products increased by 55 million U.S. dollars, and automobile imports reached 292 million U.S. dollars (an increase of 1,000 U.S. dollars). Million US dollars), the import of electronic products increased by US$55 million and the total export volume reached US$34.74 billion in the first five months, an increase of 32.8% from the same period of 2010; the total imports in the first five months were US$41.34 billion. , an increase of 29.7% from the same period of 2010. The import deficit in the first five months was 6.6 billion U.S. dollars.

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