Vietnam’s imports of insulated wires and cables surged to US$373.16 million in March, marking a 21.22 percent increase from February. Year-to-date (YTD) imports for this category reached US$994.38 million, according to Vietnam’s General Department of Customs.
China was the largest supplier, contributing US$257.21 million, a 30.10 percent increase compared to February. South Korea followed with US$36.40 million, representing a 5.67 percent growth. Japan also saw an increase of 7.73 percent to US$12.83 million. In contrast, countries like Singapore and Germany experienced notable declines in imports, with Singapore’s imports falling by 59.84 percent and Germany’s dropping by 27.72 percent.
See also: Manufacturing in Vietnam
Vietnam insulated wires and cables imports, March, US$ millions
March | February | MoM | YTD | % of Total | |
Total | 373.16 | 307.85 | 21.22% | 994.38 | 100.00% |
Other | 26.90 | 25.77 | 4.40% | 75.91 | 7.63% |
China | 257.21 | 197.70 | 30.10% | 670.86 | 67.46% |
South Korea | 36.40 | 34.45 | 5.67% | 97.22 | 9.78% |
Japan | 12.83 | 11.91 | 7.73% | 34.13 | 3.43% |
Thailand | 9.77 | 9.88 | -1.20% | 29.49 | 2.97% |
Malaysia | 8.15 | 7.18 | 13.61% | 23.96 | 2.41% |
Philippines | 8.20 | 7.91 | 3.63% | 21.73 | 2.19% |
Taiwan | 3.89 | 4.42 | -12.03% | 13.41 | 1.35% |
Indonesia | 4.06 | 3.79 | 7.14% | 12.90 | 1.30% |
USA | 3.58 | 2.20 | 62.59% | 7.78 | 0.78% |
Germany | 1.03 | 1.42 | -27.72% | 3.51 | 0.35% |
Singapore | 0.16 | 0.40 | -59.84% | 1.01 | 0.10% |
France | 0.30 | 0.22 | 34.00% | 0.71 | 0.07% |
Hong Kong | 0.30 | 0.15 | 99.45% | 0.66 | 0.07% |
Denmark | 0.28 | 0.15 | 90.59% | 0.56 | 0.06% |
Netherlands | 0.10 | 0.24 | -57.71% | 0.48 | 0.05% |
Russia | 0.00 | 0.05 | -100.00% | 0.06 | 0.01% |