Chemical product imports increase by 31.03pct in the first 10 months of 2010

Imports of chemical products of Vietnam in October 2010, according to statistics, reached $178.49 million, slightly up by 0.71 percent compared to September 2010, and up by 27.26 percent compared to October 2009. In total, imports of chemical products reached $1.630,30 million in the first 10 months of 2010, up by 31.03 percent against the same period of 2009, accounting for 2.42 percent of total import value of goods in the country.

China is leading market in providing chemical products to Vietnam, the trading was 34.30 million dong in October 2010, slightly down by 0.95 percent over September 2010, up by 23.98 percent over October 2009. In the first 10 months of 2010, total chemical product imports from this market reached $319.17 million, up by 32.05 percent compared to October 2009, accounting for 19.58 percent of total chemical product imports.

Taiwanese market ranks the second with $23.65 million trading in October 2010, slightly rising by 3.58 percent against the previous month, rising by 5.75 percent against the same period of 2009. Total imports from Taiwanese market in the first 10 months of 2010 were $219.19 million, up by 27.71 percent compared to the same period of 2009, accounting for 13.44 percent of total chemical product imports.

Japanese market ranks the third in exporting chemical products to Vietnam. Imports from this market in October 2010 reached $21.24 million, down by 3.91 percent compared to the previous month, up by 36.2 percent compared to October 2009. In the first 10 months of 2010, imports from Japanese market were $185.98 million against the same period of 2009, accounting for 11.41 percent of total chemical product imports.

In the first 10 months of 2010, most markets supplying chemical products for Vietnam reported growth in turnover over the same period of 2009, such as Norway (233.22 percent), the Philippines (89.71 percent), Russia (81.58 percent), Finland (64.97 percent), and the UK (60.97 percent). Only two markets decreased in turnover, including New Zealand (15.45 percent) and Saudi Arabia (57.31 percent).

Tags: Vietnam Chemical product imports

Posted by VBN on Dec 14 2010. Filed under Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry