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

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

by Vivian / Monday, 17 August 2020 / Published in Vietnam and the world

According to the statistics of the General Department of Vietnam Customs, in June 2020, the total import and export turnover between Vietnam and Russia reached 511.3 million USD, Vietnam had a trade surplus with Russia 71.8 million USD. In the first 6 months of 2020, total import-export turnover reaches over 2.3 billion USD.

In June 2020, Vietnam imported USD 219.8 million worth of goods from Russia and at the same time exported nearly USD 291.6 million worth of goods to Russia. The total import-export turnover between the two countries reached USD 511.3 million.

In the first half of this year, the total two-way turnover was over USD 2.3 billion; in which imported USD 1.1 billion and exported USD 1.3 billion. Trade surplus reached USD 194.4 million.

1.Export situation from Vietnam to Russia:

In the first half of the year, the three largest groups of goods exported to this market with a turnover of over USD 100 million are: Phones and accessories; Computers, electronic products and components; textiles and garments.

Phones and accessories were the group with the largest turnover with 470.6 million USD, accounting for 37.3% of the total export turnover of goods in the first 6 months of the year.

The second largest group of exports in the export turnover of goods from Vietnam to Russia is Computers, electronic products and components with over 173.4 million USD, accounting for 13.75% of the export market share.

The situation of exporting Vietnamese goods to Russia by commodity

(Source: General Department of Vietnam Customs)

Unit: USD

Commodity Exported in June 2020 Accumulated for 6 months / 2020
Quantity (Ton) Value
(USD)
Quantity (Ton) Value
(USD)
Total   291.554.123   1.261.640.518
Phone types and accessories   127.587.343   470.650.953
Computers, electronic products and components   50.421.737   173.480.047
Textiles   28.974.955   126.279.710
Other goods   21.108.777   111.783.015
Footwear   16.638.819   79.596.652
Coffee 6.897 12.798.020 43.884 82.050.228
Other machinery, equipment, tools and spare parts   8.556.146   46.180.417
Seafood   8.239.526   53.305.591
Vegetables and fruits   3.743.261   27.905.065
Cashew 484 2.753.091 2.758 17.113.361
Tea 1.239 1.804.381 7.372 11.109.046
Toys, sports equipment and parts   1.632.630   4.658.232
Plastic products   1.266.785   9.031.618
Bags, purses, suitcases, hats, umbrellas, umbrellas   1.061.519   8.430.140
Confectionery and cereal products   1.023.178   5.726.968
Pepper 417 919.275 3.294 6.694.394
Wood and wood products   758.486   4.426.027
Rubber 523 620.470 2.157 2.980.759
Products from rubber   551.936   1.743.613
Steels 351 380.811 2.328 2.429.052
Rice 825 308.128 6.070 2.620.477
Products of rattan, bamboo, sedge and carpet   263.951   1.781.615
Ceramic products   103.810   464.691
Petrol and oil of all kinds 105 37.088 16.134 11.198.848

2.Import situation from Russia to Vietnam:

Some main commodity groups imported from Russia to Vietnam such as: coal, ore and other minerals, iron and steel, fertilizers of all kinds, seafood, wheat, …

In the first 6 months of the year, Vietnam imported more than 4,347 thousand tons of coal from Russia, with a value of over USD 352.8 million, was the largest group of imports from Russia.

Wheat ranked second, in 6 months, import turnover of this item was USD 89.4 million with an import volume of over 351 thousand tons of wheat.

The situation of importing Vietnamese goods from Russia by commodity

(Source: General Department of Vietnam Customs)

Unit: USD

Commodity Imported in June 2020 Accumulated for 6 months / 2020
Quantity
(Ton)
Value
(USD)
Quantity
(Ton)
Value
(USD)
Total   219.750.989   1.067.287.701
Coal of all kinds 902.189 70.789.427 4.347.159 352.878.733
Other goods   67.561.509   204.449.705
Ores and other minerals 176.583 26.399.451 195.853 40.123.325
Steels 22.365 8.810.779 139.776 61.620.850
Fertilizers of all kinds 23.924 7.717.351 192.252 61.718.310
Cars CBU kinds 10 7.580.000 175 23.565.989
Wood and wood products   7.107.844   29.978.884
Seafood   6.603.281   50.660.971
Plastic materials 3.168 2.778.760 18.598 17.468.997
Common metals 1.527 2.669.340 7.803 15.139.372
Rubber 2.113 2.636.245 10.061 14.909.924
Paper of all kinds 4.689 2.598.928 18.213 11.432.216
Medicine   1.706.125   6.993.802
Other machinery, equipment, tools and spare parts   1.623.333   16.770.481
Components, auto parts   1.242.849   1.544.032
Chemistry   663.525   11.123.183
Products from iron and steel   624.668   4.901.976
Electric wires and cables   194.892   314.047
Other means of transport and spare parts   170.330   2.941.935
Chemical products   168.518   1.172.352
Other petroleum products   103.834   12.364.558
Wheat     351.344 89.425.786
Petrol and oil of all kinds     40.887 35.788.273
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