Vietnamese paper products are mainly imported from China, accounting for 42 percent of total turnover, reaching 285 million USD in 2017 and increasing 19.95 percent against 2016. (Source: vietnamexport.com)
Hanoi, (VNA) -Vietnam imported 682.1 million USD worth of paper products last year, ayear-on-year increase of 10.86 percent, reported the Vietnam General Departmentof Customs.
In December 2017 alone, Vietnam imported 58.8 million USD worth of paperproducts, down 10 percent compared to November, the first drop in threeconsecutive months.
Vietnamese paper products are mainly imported from China, accounting for 42percent of total turnover, reaching 285 million USD in 2017 and increasing19.95 percent against 2016. The second largest import market was Thailand with91.1 million USD, up 9.35 percent compared to the previous year, followed bythe Republic of Korea and Japan with 59.5 million USD and 50.3 million USD,respectively.
In addition to these markets, Vietnam also imports from other markets such asHong Kong, Taiwan, Indonesia and Malaysia, as well the United States, Germanyand Singapore.
In general, last year, the import turnover of paper products from all marketsgrew significantly, compared to 2016 and accounted for 72.2 percent.
Particularly, imports from the German market increased sharply. AlthoughGermany is not the main import market, it accounted for only 0.7percent of the country’s total import turnover; compared to 2016, thisresult increased 1.3 times. Besides, imports from Indonesia and Japan were alsoup sharply, rising by 33.16 percent and 19.09 percent, respectively.
In contrast to markets with strong increases, imports from Singapore, Malaysiaand Hong Kong decreased 12.01 percent, 10.4 percent and 1.26 percent,respectively.-VNA
VNA
