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

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