Vietnam'S Imports Increased Slightly In The First 10 Months

According to statistics of the General Administration of statistics of Vietnam, the amount of imports in October of this year was about $14 billion 500 million, an increase of 3.3% in the month of 9, of which the import amount of foreign-funded enterprises was about $8 billion 700 million, an increase of 2.2%, and the import amount of the foreign-funded enterprises was about 5 billion 800 million dollars and 5%.

In the first 10 months of this year, the trade deficit was about 4 billion 100 million US dollars, equivalent to 3.1% of the export amount, of which the trade deficit of Vietnamese enterprises was US $17 billion 100 million.

The surplus is $13 billion.

The total amount of imports in the first 10 months of this year was about US $138 billion 700 million, an increase of 14.3% over the same period (2014), of which the amount of imports from foreign-funded enterprises increased by 7.8%, and foreign enterprises' imports amounted to 82 billion 100 million US dollars, an increase of 19.3%.

Some products

The amount increased sharply compared with the same period last year, including other machinery and equipment and parts of 23 billion 100 million US dollars, an increase of 26.8%; electronic products, computers and parts 19 billion 500 million US dollars, an increase of 29.7%; various telephones and their parts increased by US $9 billion 100 million, and 31.8% US dollars; fabric 8 billion 400 million US dollars, increased by 7.5%;

Cum footwear raw materials 4 billion 200 million dollars, an increase of 7.5%; imports of plastic products amounted to 3 billion 100 million US dollars, an increase of 21.7%; automobile imports 4 billion 800 million US dollars, an increase of 64.4%.

The import volume of some products decreased compared with the same period last year, including plastic imports amounting to 4 billion 900 million US dollars, a decrease of 6%; oil products 4 billion 300 million US dollars, a decrease of 35.8%; chemical raw materials 2 billion 600 million US dollars, 4.5% reduction; lumber and wooden products 1 billion 800 million US dollars, 5% reduction; milk and dairy products 779 million dollars, less 15.7%.

Related links:

The decline in China's textile and clothing exports in October of this year has been widened, and its exports are hardly optimistic this year.

9, reporters learned from the China Textile Import and Export Chamber of commerce that in October this year, China's textile and clothing exports continued to decline, and the decline in dollar terms expanded to two digits again.

In the same month, China's textile and apparel exports were 23 billion 660 million US dollars, down 10.9% from the same period last year.

In the first half of October this year, China's textile and apparel exports totaled 234 billion 980 million US dollars, down 5.4% from the same period last year, including 1.9% of textile exports and 7.5% of clothing exports.

China Textile Industry Federation stressed that the current international trade policy reform is reshaping the global textile supply chain, and the development of China's textile industry is facing greater challenges.

With the gradual implementation of the "one belt and one way" construction, China's textile industry is accelerating the global layout and creating new advantages in international competition.

According to analysis, the reason why China's textile and clothing exports declined in October this year is due to the poor economic environment at home and abroad.

Under the influence of exchange rate fluctuations and industrial pfer, emerging markets have also declined, except for the demand for major export markets in the US and abroad.

In China, the problems faced by textile enterprises, such as financing difficulties, have not yet been effectively resolved, affecting the export enthusiasm of enterprises.

The analysis pointed out that although China's textile and apparel exports were US $298 billion 400 million in 2014, and continued to maintain the first place in the world, the comparative advantage of China's textile industry is being gradually weakened due to the rising labor force and energy costs and exchange rate fluctuations.

Industry experts pointed out that due to the current Chinese textile and garment exports are still facing many unfavorable factors, the overall foreign trade environment in the short term is unlikely to have a big improvement and change, so the final quarter of this year's exports will not be too optimistic.