Top products imported by Vietnam the most

Market Information
icon date25/07/2023

Below are the top products imported to Vietnam in recent times.

Group of products that Vietnam imports a lot
According to statistics from the General Department of Customs, the import of goods in March 2022 was 28.46 billion USD, up 37.8% over the previous month.
Many types of items have added value compared to the previous month, the most prominent ones are: machinery, equipment, tools and spare parts increased by 1.11 billion USD, equivalent to 38.1%; computers, electronic products and components by 20.9%; raw materials for textile, garment, leather and shoe industries increased by 55.3%; cashew nuts, respectively up 259.1%
Here are the top 5 products that Vietnam imports the most today:
Computers, electronic products, components
Computer products, electronic products and components are the most imported items by Vietnam in 2022, up 20.9% over the previous month.

Generally, in the first quarter of 2022, the import rate of this group reached 16.55 billion USD, up 20.2% over the same period last year and accounted for the largest proportion up to 22% in the total import value of the whole country.

Thus, it can be seen that the group of goods imported by Vietnam in the first quarter of 2022 increased by 2.78 billion USD, this is the largest increase in all key commodity groups of Vietnam.

In the past three months, this group of imported Vietnamese products has mainly increased sharply in large markets such as: China with more than US$4.64 billion, up 66%, in Taiwan with US$2.22 billion, up 45% over the same period last year.

Besides, imports from the second largest market, South Korea, decreased again, with a value of USD 4.38 billion, down USD 296 million, equivalent to a decrease of 6%.

Machinery, equipment, spare parts
This is Vietnam’s second largest group of imported goods, reaching $4.02 billion, up 38.1% over the previous month. Since then, the import value of this group of goods has increased rapidly to 10.84 billion USD, up 30.9% over the same period last year.

The market supplying Vietnam’s export products is China with a total value of USD 5.33 billion, up 69% and accounting for 49% of the total value of imported machinery, equipment and spare parts of the country.

Followed by Vietnam imported from the Korean market with USD 1.77 billion, up 15%; Japan with 1.09 billion USD, down 4% over the same period last year.

Group of raw materials for textiles, leather and shoes
Total import turnover of Vietnam in the group of textile, leather and footwear materials and accessories reached US$2.27 billion, a sharp increase of 55.3% over the previous month, equivalent to an increase of US$810 million.

Only in the first quarter of 2022, the import rate of this group increased by 13.1% to reach 5.79 billion USD compared to the same period in 2021.
Currently, China is still the largest market supplying leather footwear and accessories to Vietnam, accounting for a high proportion of 49%, up 25.2% with 2.82 billion USD over the same period last year.
Followed by markets: Taiwan with 609 million USD, up 5.2%; Korea with USD 565 million, 6.4%; US with $ 375 million, down 27.2%.
Cell phones and accessories
The group of Vietnamese imported products such as phones and components in December 2022 reached 1.28 billion USD, up 2.9% compared to December 2021.
In the first quarter alone, the import value of this group reached US$4.81 billion, up 46.7% over the same period in 2021.
The two major markets supplying the most imported products of Vietnam are: China and South Korea with a total value of 4.34 billion USD, accounting for 90.3% of the total import value of this group of goods.
In which, from China is 2.26 billion USD, up 45.3%; imports from Korea was 2.08 billion USD, a sharp increase of 41.2%… over the same period last year.
CBU cars of all kinds
Only in April 2022, the number of CBU cars imported by Vietnam was very large, reaching 16.98 thousand units, a sharp increase of 69.1% compared to the previous month.
In the first quarter of 2022, Vietnam imported 35.36 thousand CBU cars of all kinds, up 31.1% over the same period last year.
CBU cars imported by Vietnam are mainly in the category of cars with 9 seats or less and many truck models account for more than 90%.
Moreover, the number of cars with 9 seats or less was also imported in a large quantity of more than 23 thousand units and trucks were 9.45 thousand units.
Through the above article, readers must have seen the most imported Vietnamese products today. Hopefully these knowledge will be a useful resource to help Vietnam develop more and more