In the first half of 2020, the value of exported goods from Vietnam to Maylaysia decreased immensely due to the impact of coronavirus outbreak. In top five commodity groups that reached billions USD, only rice increased slightly by 5,89%, equivalent to 146,76 millions USD meanwhile the other four groups decreased sharply in the same term.
Malaysia is the second biggest Commercial Partner of Vietnam after Thailand and the third biggest export market after Thailand and Cambodia.
1.Export situation from Vietnam to Malaysia:
In June 2020, the total import and export turnover value between two countries was 838,9 millions USD.
Of which, the export value reached 245,5 millions USD. Vietnam is a net importer.
According to the General Department of Customs of Vietnam, the total export value in the first 6 months of 2020 reached 1,61 billions USD, down 17,39% compared to the same term in 2019.
In June 2020, there are three commodity groups that increased over the previous months but in an accumulated 6 months in 2020 had a sharply decline compared to the same term in 2019, they are Textile fibers and fibers; Ceramic products; and Toys, sports equipment and parts.
the situation of exporting Vietnamese goods to Malaysia by commodities
|Commodity||Exported in June 2020||Accumulated 6 months in 2020|
|Computers, electronic products and components||37.052.729||191.682.497|
|Other machinery, equipment, tools and spare parts||18.981.314||110.799.068|
|Glass and Glassware||17.052.409||81.651.163|
|Means of transport and spare parts||10.777.245||94.886.167|
|Phone types and accessories
|Wood and articles of wood||5.668.187||28.084.350|
|Paper and paper products||4.635.522||29.147.214|
|Textile fibers and fibers||945||2.136.367||8.475||21.127.721|
|Clinker and Cement||47.400||1.738.760||112.603||4.194.720|
|Other common metals and products||1.280.033||8.847.107|
|Products from rubber||1.173.393||4.434.840|
|Bags, purses, suitcases, hats, umbrellas||934.200||5.677.591|
|Products from iron and steel
|Electric wires and cables||754.992|
|Toys, sports equipment and parts||629.721|
|Furniture products from materials other than wood||149.705||1.026.607|
|Cassava and cassava products||268||129.187||19.940||8.262.410|
|Ores and other minerals||26.517||1.350.495|
2.Import situation from Malaysia to Vietnam:
In June 2020, Vietnam imported 640 millions USD from Malaysia.
Computers, electronic products and components; Petroleum; Other machinery, equipment, tools and spare parts; Electrical and electronic equipment; Other common metals and products; Animal, vegetable fats and oils are 6 main import groups from Malaysia to Vietnam.
the situation of importing goods from Malaysia by commodities
|Commodity||Imported in June 2020||Accumulated 6 months in 2020|
|Computers, electronic products and components||137.149.154||699.882.129|
|Other machinery, equipment, tools and spare parts||76.286.920||368.192.411|
|Electrical and electronic equipment||51.301.867||190.476.036|
|Other common metals and products||18.720||36.246.048||95.943||36.246.048|
|Animal, vegetable fats and oils||34.276.751||165.886.674|
|Milk and dairy products||8.576.089||37.185.048|
|Glass and Glassware||7.842.207||36.222.528|
|Other petroleum products||7.525.934||29.523.305|
|Iron and steel||3.091||4.423.165||46.716||37.636.110|
|Miscellaneous edible preparations||4.261.316||25.557.398|
|Electric wires and cables||4.236.293||17.866.322|
|Products from rubber||4.126.153||25.834.181|
|Products from Iron and Steel||2.921.430||13.344.432|
|Components, auto parts||2.913.684||16.663.650|
|Wood and articles of wood||2.802.218||20.262.602|
|Other common metals and products||2.530.104||14.151.929|
|Pesticides and raw materials||1.856.351||5.219.663|
|Textile, garment, leather and shoe raw materials||1.585.794||9.810.645|
|Textile fibers and fibers||1.720||1.445.266||7.319||7.982.858|
|Ores and other minerals||6.093||970.112||40.424||7.409.362|
|Essential oils, perfumes, cosmetics, toileteries||732.323||3.401.405|
|Tobacco raw materials
|Means of transport and spare parts||132.957||547.643|