Vietnam imported US$52.62 million worth of pharmaceutical materials in March, up 34.24 percent from February, according to Vietnam’s General Department of Customs. This brought the total value for the first quarter to US$128.40 million.
China was by far the largest supplier, accounting for over 72 percent of the total with US$37.33 million in shipments, a 36.52 percent increase month-on-month. Imports from India nearly doubled to US$10.81 million. Germany and South Korea also recorded sharp rises. In contrast, imports from Spain fell 85.47 percent to just US$396,590.
See also: Pharmaceuticals Industry in Vietnam
Vietnam pharmaceutical material imports, March, US$ millions
March | February | MoM | YTD | % of Total | |
Total | 52.62 | 39.20 | 34.24% | 128.40 | 100.00% |
Other | 1.43 | 1.01 | 41.04% | 2.96 | 2.31% |
China | 37.33 | 27.34 | 36.52% | 92.92 | 72.37% |
India | 10.81 | 5.62 | 92.42% | 21.47 | 16.72% |
Spain | 0.40 | 2.73 | -85.47% | 4.08 | 3.17% |
Switzerland | 0.71 | 0.69 | 3.28% | 1.61 | 1.25% |
Italy | 0.37 | 0.55 | -32.36% | 1.28 | 1.00% |
South Korea | 0.39 | 0.09 | 351.69% | 1.03 | 0.80% |
Germany | 0.32 | 0.13 | 143.69% | 0.74 | 0.57% |
Singapore | 0.16 | 0.28 | -43.33% | 0.59 | 0.46% |
France | 0.20 | 0.29 | -31.56% | 0.51 | 0.39% |
Thailand | 0.12 | 0.34 | -63.96% | 0.47 | 0.37% |
Austria | 0.19 | 0.00 | 0.00% | 0.39 | 0.31% |
UK | 0.18 | 0.12 | 50.88% | 0.36 | 0.28% |