Trade gap in 2006 at $4.8bil
06/08/2010
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Foreign invested
enterprises had the highest export turnover, fetching $22.9bil, up by 23.2%
over 2005, while domestically invested enterprises saw exports up by 20.5%.
Asia remains the biggest export market
for Vietnam, consuming 53% of Vietnam’s exports. Southeast Asian countries
imported 31.5% of Vietnam’s total Asian exports, Japan, 24.9%, and China, 15.4%.
Exports to America saw the highest growth rate in 2006,
at 33.4%, accounting for 23% of total exports (the US market alone accounts for 21.3%).
Meanwhile, exports to the European market rose 27% (19% of total); the
25-member EU market accounted for 16.9%, an increase of 23.5%.
Total import turnover in
2006 was estimated to reach $44.4bil, increasing by 20.1% over 2005.
Domestically invested enterprises imported $28bil worth of products and
equipment, accounting for 63.2% of total imports (up by 20.2%), while foreign
invested enterprises imported $16.4bil worth of products, or 36.8% of totals,
up by 19.9%.
Items that saw big
import increases were: 1. paper of different kinds (+30.4%), plastic materials
(+26.9%), fibre of various kinds (+62.1%), cotton (+34.7%), electronics,
computers and accessories (+20.5%), fabric (+23.1%).
Equipment and machineries also saw the sharp increase of imports, at 24.1%,
reaching the import turnover of $6.5bil, while petrol import turnover was
$5.8bil, up by 16.4% compared to 2005.
Imports
of materials serving as input materials for the apparel and footwear industries
increased by 9.6% over 2005. Meanwhile, imports of automobiles were down by
27.4%, car parts down by 37.6%, ingot steel by 7.6% and urea by 21.1%.