Vietnam’s imports from South Korea totalled US$4.77 billion in November, a 1.82 percent decrease compared to October, according to Vietnam’s General Department of Customs. Year-to-date imports reached US$51.13 billion.
The largest import category was computers, electrical products, and spare parts, which amounted to US$2.82 billion, though this represented a decline of 2.69 percent month-on-month. Machine, equipment, tools, and instruments saw a slight increase of 2.01 percent, reaching US$412.03 million. Imports of petroleum products rose by 8.65 percent to US$163.25 million, while fabrics showed strong growth, increasing by 14.61 percent to US$138.08 million.
Conversely, imports of plastics and other base metals fell sharply, with plastics down by 9.40 percent to US$178.31 million and other base metals dropping by 22.15 percent to US$100.81 million. Imports of parts and accessories of motor vehicles also declined by 3.30 percent to US$117.48 million.
Overall, the decline in imports reflects shifting demand for certain goods, despite growth in specific categories like fabrics and petroleum products.
See also: Trade in Vietnam
Vietnam’s imports from South Korea, November 2024
November | October | MoM | YTD | |
Total | 4,773,448,099 | 4,862,159,231 | -1.82% | 51,125,118,522 |
Computers, electrical products, spare-parts and | 2,819,925,395 | 2,897,919,683 | -2.69% | 29,217,952,692 |
Machine, equipment, tools and instruments | 412,025,304 | 403,901,191 | 2.01% | 4,866,993,097 |
Petroleum products | 163,250,368 | 150,258,537 | 8.65% | 2,127,619,374 |
Plastics | 178,307,718 | 196,813,820 | -9.40% | 2,121,207,480 |
Other base metals | 100,805,043 | 129,481,394 | -22.15% | 1,405,135,559 |
Plastic products | 121,124,696 | 117,856,206 | 2.77% | 1,397,300,204 |
Fabrics | 138,082,529 | 120,476,336 | 14.61% | 1,373,401,543 |
Iron and steel | 138,923,909 | 128,435,247 | 8.17% | 1,105,930,441 |
Parts and accessories of motor vehicles | 117,481,400 | 121,490,163 | -3.30% | 963,207,388 |
Other products | 72,676,157 | 79,120,900 | -8.15% | 928,948,716 |
Chemical products | 74,997,594 | 80,170,501 | -6.45% | 844,787,901 |
Iron and steel products | 62,460,483 | 58,371,497 | 7.01% | 632,214,464 |
Chemicals | 36,908,167 | 35,126,426 | 5.07% | 461,392,478 |
Textile, leather and foot-wear materials and | 44,820,203 | 37,086,738 | 20.85% | 451,487,494 |
Telephones, mobile phones and parts thereof | 34,847,072 | 20,789,341 | 67.62% | 384,428,011 |
Insulated wires and cables | 35,198,349 | 33,327,041 | 5.61% | 345,889,268 |
Other petroleum products | 23,602,491 | 29,302,861 | -19.45% | 292,560,897 |
Rubber | 24,312,088 | 32,891,962 | -26.09% | 286,559,206 |
Paper | 22,051,197 | 22,473,053 | -1.88% | 237,031,917 |
Other base metal products | 16,521,935 | 16,539,612 | -0.11% | 182,862,884 |
Pharmaceutical products | 12,232,267 | 22,357,499 | -45.29% | 176,852,044 |
Essential oils and resinoids; perfumery, cosmetic | 17,389,223 | 14,873,781 | 16.91% | 174,335,140 |
Yarn | 8,641,699 | 9,812,974 | -11.94% | 110,362,512 |
Rubber products | 9,950,680 | 10,477,448 | -5.03% | 108,280,736 |
Other means of transportation, parts and | 6,892,516 | 4,796,034 | 43.71% | 90,669,498 |
Glass and glassware | 6,647,683 | 7,451,881 | -10.79% | 88,767,808 |
Precious stones, precious metal and articles | 7,597,833 | 8,612,048 | -11.78% | 84,617,599 |
Fishery products | 7,427,170 | 7,466,428 | -0.53% | 73,819,891 |
Fertilizers | 4,285,570 | 13,958,769 | -69.30% | 72,834,158 |
Other edible food preparations | 6,180,628 | 5,917,090 | 4.45% | 68,066,559 |
Animal fodders and animal fodder materials | 4,665,861 | 4,757,724 | -1.93% | 66,483,957 |
Electric consumer products and parts thereof | 6,415,164 | 5,323,102 | 20.52% | 60,644,865 |
Insecticides, rodenticides and materials | 3,360,787 | 4,152,559 | -19.07% | 54,393,552 |
Paper products | 5,533,166 | 4,542,092 | 21.82% | 52,646,306 |
Pastrycooks, sweets and cereal products | 5,381,388 | 4,491,190 | 19.82% | 49,809,142 |
Fruits and vegetables | 4,940,150 | 5,240,705 | -5.74% | 48,637,221 |
Still image, video cameras and parts thereof | 2,696,579 | 3,493,519 | -22.81% | 24,240,638 |
Motor vehicles | 3,340,213 | 839,386 | 297.94% | 23,161,663 |
Milk and milk products | 2,025,411 | 2,645,037 | -23.43% | 19,217,476 |
Liquefied petroleum gases (LPG) | 5,971,493 | 4,297,466 | 38.95% | 18,201,369 |
Ores and other minerals product | 1,585,669 | 2,563,016 | -38.13% | 13,013,047 |
Wood and wooden products | 858,447 | 911,159 | -5.79% | 8,392,786 |
Animal, vegetable fats and oils | 898,621 | 969,648 | -7.33% | 6,743,133 |
Pharmaceutical materials | 23,829 | 221,421 | -89.24% | 2,435,093 |
Cotton | 183,955 | 154,747 | 18.87% | 1,581,316 |