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Vietnam’s paper imports rose nearly 17 percent in March

Vietnam imported US$217.13 million worth of paper in March, a 16.95 percent increase from February, according to Vietnam’s General Department of Customs. The total import value for the first three months of the year reached US$557.21 million.

China remained the largest supplier, accounting for US$79.13 million in March, up 35.69 percent month-on-month. Indonesia and Japan followed with imports rising by 26.53 percent and 13 percent respectively. The USA saw a sharp increase of over 170 percent, while Singapore posted a 241 percent jump. In contrast, imports from Sweden, Malaysia, and Thailand recorded notable declines.

See also: Paper and Paper Products Manufacturing in Vietnam

Vietnam paper imports, March, US$ millions

MarchFebruaryMoMYTD% of Total
Total217.13185.6616.95%557.21100.00%
Other10.218.1026.06%22.994.13%
China79.1358.3235.69%202.3436.31%
Indonesia39.4531.1826.53%87.3915.68%
South Korea22.4922.65-0.74%65.0011.67%
Japan21.6719.1713.00%55.7410.00%
Malaysia12.2115.25-19.93%37.036.65%
Thailand12.3914.01-11.56%36.496.55%
Taiwan6.555.0130.68%15.642.81%
Sweden3.685.52-33.28%12.222.19%
India2.121.6627.66%4.940.89%
Germany1.901.2156.57%4.280.77%
USA1.850.68170.56%3.800.68%
Finland0.991.43-30.83%3.550.64%
Singapore1.410.41241.23%2.370.43%
Italy0.710.5725.03%1.670.30%
Austria0.020.26-91.82%0.910.16%
Russia0.130.15-16.57%0.480.09%
France0.210.000.00%0.300.05%
Philippines0.000.05-100.00%0.070.01%

See also: How to Start an Import Business in Vietnam

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