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  • Import-export turnover of Vietnam – Canada in the first 6 months of 2020

Import-export turnover of Vietnam – Canada in the first 6 months of 2020

by Vivian / Friday, 07 August 2020 / Published in Vietnam and the world

Vietnam is currently Canada’s largest trading partner in Southeast Asia.

In the first 6 months of 2020, the total import-export turnover between Vietnam and Canada will reach US $ 2.2 billion; in which imported 389.6 million USD and exported 1.8 billion USD. Thereby, the trade balance surplus reached nearly 1.4 billion USD.

1.The situation of exporting goods from Vietnam to Canada:

According to the statistics of the General Department of Customs, Vietnam’s exports to Canada in June 2020 increased significantly with 30.18%, reaching $ 338.09 million, but still slightly decreased by 0.11%. for the whole 6 months, reaching 1.77 billion USD.

Accounting for over 10% of the total export turnover in the first 6 months of the year, there are 3 groups of goods: Footwear of all kinds reached 178.34 million USD (10.04%), down 6.38%; Phones and accessories reached 301.2 million USD (16.96%), up 7.27%; Textiles and garments reached 336.56 million USD (18.95%), down 8.69% over the same period last year.

Two groups whose turnover increased twice (114.53% and 114.94%) in June 2020 but decreased slightly in 6 months (10.85% and 0.61%), respectively: transportation and spare parts and group of wood and wood products.

Notably, iron and steel products with an increase in turnover in the first half of the year amounting to 135.45%, the highest growth rate among all commodity groups exported to the Canadian market over the same period.

In addition, a number of commodity groups also saw an increase in turnover such as: vegetables and fruits with USD 14.22 million (+ 30.74%); Coffee reached 8.19 million USD (+ 42.25%); Confectionery and cereal products reached $ 6.86 million (+ 36.67%).

Canada’s invitation to be a Country of Honor at the Vietnam International Food Industry Exhibition (FoodExpo), the largest international exhibition event on the food industry, is a highlight of agricultural cooperation. , industry and bilateral trade.

At the online meeting between Minister of Industry and Trade Tran Tuan Anh and Minister in charge of International Trade, Export Promotion and Canadian Small Enterprises Mary Ng in May, Minister Tran Tuan Anh also asked Canada to study. on the establishment of the Intergovernmental Panel on Economy and Trade between the two countries for the parties to exchange information, review cooperation contents and discuss measures to promote economic, trade and economic relations, investment.

The situation of exporting Vietnamese goods to the US by commodity in the first 6 months of 2020

(Source: General Department of Vietnam Customs)

Unit: USD

Commodity June/2020 Compared with May/2020 (%) The first 6 months of 2020 Compared with 2019 (%) Density 6 months of 2020 (%)
Total export turnover 338.092.668 30,18 1.775.763.061 -0,11 100
Textiles 85.746.439 35,47 336.561.669 -8,69 18,95
Phones of all kinds and components 38.229.619 372,03 301.205.703 7,27 16,96
Footwear 26.440.478 -15,67 178.341.447 -6,38 10,04
Computers, electronic products and components 30.512.212 -30,98 135.042.816 28,69 7,6
Seafood 18.205.539 6,27 108.036.945 8,6 6,08
Means of transport and spare parts 18.299.676 114,53 107.041.768 -10,85 6,03
Other machinery, equipment, tools and spare parts 14.822.834 22,45 84.441.168 1,2 4,76
Wood and wood products 18.769.738 114,94 80.378.463 -0,61 4,53
Products from iron and steel 10.579.610 5,1 48.493.176 135,45 2,73
Cashew 6.149.094 33,9 42.950.326 -4,61 2,42
Bags, purses, suitcases, hats, umbrellas, umbrellas 7.156.222 20,39 34.652.404 -8,54 1,95
Plastic products 3.946.118 -1,95 21.337.107 -4,02 1,2
Toys, sports equipment and parts 4.443.860 46,2 20.551.484 5,35 1,16
Other common metals and products 2.268.307 -25,5 18.539.690 -11,64 1,04
Chemistry 1.930.908 7,44 17.084.734 -11,26 0,96
Vegetable goods 2.716.873 9,06 14.222.195 30,74 0,8
Coffee 1.064.983 -4,37 8.190.687 42,25 0,46
Confectionery and cereal products 1.259.166 16,03 6.861.318 36,67 0,39
Curtain fabrics, other technical fabrics 759.612 73,11 5.300.588 -55,37 0,3
Products of rattan, bamboo, sedge and carpet 820.440 72,39 4.919.903 2,08 0,28
Pepper 518.639 -55,35 4.443.876 -7,31 0,25
Ceramic products 88.083 -26,7 2.483.401 -11,57 0,14
Rubber 713.522 86,07 2.308.686 -19 0,13
Glass and glass products 338.428 92,96 1.646.157 -20,88 0,09
Plastic materials 52.929 -73,11 1.462.810 27,23 0,08
Cameras, camcorders and components 54.667 308.341 -40,44 0,02
Other goods 42.204.670 61,68 188.956.200 -10,47 10,64

2.The situation of importing goods from Canada to Vietnam:

According to the statistics of the General Department of Customs, the import turnover of goods in June 2020 from Vietnam to Canada reached over 92.32 million USD, accumulated in the first 6 months of 2020 reached over 389.64 million USD.

The most imported goods from Canada in the first 6 months of 2020 were wheat, reaching over 76.62 million USD, accounting for 19.67% of the total import turnover of goods from this market.

Machinery, equipment, tools and other spare parts reached over 28.66 million USD, accounting for 7.35% of the total turnover.

The third place was soybeans, accounting for 6.45% of the total import turnover of over US $ 25.15 million.

In addition, some groups of goods imported from this market reached over USD 10 million in the first 6 months of the year, including: computers, electronic products and components, fertilizers of all kinds, seafood, wood and products. the wood,…

The situation of importing Canada goods to Vietnam by commodity in the first 6 months of 2020

(Source: General Department of Vietnam Customs)

Unit: USD

Commodity

Imported in June 2020

Accumulated 6 months / 2020

Amount
(Ton)

Value
(USD)

Amount
(Ton)

Value
(USD)

Total 92.327.682   389.643.424
Wheat 146.725 39.073.483 288.236 76.629.996
Other goods 15.871.628 136.428.014
Computers, electronic products and components 9.890.910 20.828.064
Fertilizers of all kinds 32.660 7.991.196 82.476 22.332.865
Soybean 12.827 5.593.512 56.373 25.152.559
Other machinery, equipment, tools and spare parts 3.054.232 28.668.946
Seafood 2.540.185 11.959.703
Other common metal 498 1.299.811 1.905 5.908.877
Wood and wood products 1.249.369 11.301.525
Fodder and ingredients 1.193.888 7.928.526
Plastic materials 1.421 1.169.571 5.871 5.613.353
Chemical products 698.697 7.455.574
Gemstones, precious metals and products 577.181 4.040.285
Scrap iron and steel 2.516 571.113 21.319 5.673.282
Other means of transport and spare parts 486.391 5.520.270
Products from iron and steel 319.798 902.024
Medicine 237.390 2.953.392
Vegetables and fruits 183.563 2.885.589
Plastic products 143.858 1.569.340
Rubber 12 93.444 128 606.405
Ores and other minerals 62 52.963 1.201 2.632.026
Steels 85 35.496 1.267 584.301
Textile, garment, leather and shoe raw materials 532.825
Cars CBU all kinds 11 1.535.683

 

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