Netherland is the second biggest Commercial Partner of Vietnam after German in EU.
According to the General Department of Customs of Vietnam, in June 2020, the trade balance between Vietnam and Netherland had an surplus of more than 543 millions USD.
1.Export situation from Vietnam to Netherland
In June 2020, the total import and export turnover value between Vietnam and Netherland was more than 653,5 millions USD. Of which, the export value reached 598 millions USD while the import value was over 55 millions USD.
Accumulated the first 6 months in 2020, the total export value hit 3,24 billions USD, down slightly 0,05% compared to the same term in 2019.
In the first 6 months of 2020, only two commodity groups with an export value that reached more than 500 millions are Telephones and components (503,2 millions USD) accounting for 15,6% of the proportion, down 13% over the same term and Computers, electronic products and components (753 millions USD) accouting for 23% of the proportion, down 3,5% over the same term.
Under a turnover of 500 millions USD but over 100 millions USD there were 6 commodity groups. Of which, only two groups had growth value while the other four groups declined.
The two groups whose turnover increased over the same term are Other machinery, equipment, tools and spare parts which increased by 81% and reached 384 millions USD and Cashew nut with an increase of 36% reaching 193 millions.
The other four are Footwear; Textiles; Bags, purses, suitcases, hats, umbrellas and Means of transport and spare parts.
the situation of exporting Vietnamese goods to Netherland by commodities
|Commodity||Exported in June 2020||Accumulated 6 months in 2020|
|Computers, electronic products and components||128.844.139||752.986.475|
|Telephones and components||103.298.391||503.186.215|
|Other machinery, equipment, tools and spare parts||60.131.416||384.327.287|
|Bags, purses, suitcases, hats, umbrellas||19.669.143||116.528.683|
|Products from Iron and Steel||11.034.100||54.362.738|
|Means of transport and spare parts||10.849.254
|Toys, sports equipment and parts||7.635.382||27.714.851|
|Wood and articles of wood||7.453.312||36.246.637|
|Products from rubber||2.937.931||14.043.673|
|Products of rattan, bamboo, sedge and carpet||1.563.312||8.308.292|
|Textile, garment, leather and shoe raw materials||1.426.053||6.210.879|
|Cameras, camcorder and components||1.414.085||10.652.310|
|Other common metals and products||677.930||4.967.954|
2.Import situation from Netherland to Vietnam
Vietnam imported 304,7 millions USD from Netherland in total in the first 6 months of 2020.
Import commodity groups whose turnover are over 4 millions USD are Other commodities; Other machinery, equipment, tools and spare parts; Chemical products; Milk and dairy products; Components, auto parts; Medicine.
the situation of importing goods from Netherland by commodities
|Commodity||Imported in June 2020||Accumulated 6 months in 2020|
|Other machinery, equipment, tools and spare parts||10.327.579||70.213.769|
|Milk and dairy products||5.511.994||23.019.817|
|Components, auto parts||4.399.110||22.094.561|
|Miscellaneous edible preparations||1.918.574
|Products from Iron and Steel||1.153.075||7.525.193|
|Computers, electronic products and components||597.332
|Iron and steel||257||409.761||1.896||1.632.859|
|Textile, garment, leather and shoe raw materials||198.628||1.773.888|
|Means of transport and spare parts||169.623
|Electric wires and cables||99.033||438.712|
|Textile fibers and fibers||1||73.715||124||1.212.457|
|Glass and glassware||31.605||222.498|