Imports of machinery and raw materials soared following export orders

05/06/2024 10:26:31 560

Imports of machinery and raw materials soared following export orders
Table of contents

Notably, the domestic economic sector reached 41.86 billion USD, an increase of 19.7%; The foreign investment sector reached 73.38 billion USD, an increase of 13.1%.

The Ministry of Industry and Trade said that in the first 4 months of 2024, there were 20 imported items worth over 1 billion USD, accounting for 78.9% of total import turnover (there were 2 imported items worth over 5 billion USD, accounting for 39.9% of total import turnover). .4%).

In particular, accounting for 89% of the total import turnover in the first 4 months of 2024 is the group of goods that need to be imported (including machinery, equipment, tools, spare parts and raw materials for domestic production). ), with an estimated turnover of 102.4 billion USD, an increase of 17.2% over the same period in 2023, showing a sign of positive recovery of production and export when the demand for imported machinery, equipment, tools, spare parts and raw materials for production increased quite high.

The import turnover of computers, electronic products and components alone is estimated at 31.3 billion USD, up 23.1% over the same period in 2023 and accounting for 27.2% of the total import turnover of the country; machinery, equipment, tools and spare parts increased by 12.1%.

In addition, import turnover of most other products also recorded a high increase such as: phones of all types and components increased by 27.6%; Steel of all kinds increased by nearly 25%; Plastic raw materials increased by 12.4%; machinery, equipment, tools, and spare parts increased by 12.8%; Raw materials for textiles, garments and footwear increased by 18.9%; Fabrics of all kinds increased by 5.4%...

Import turnover of commodity groups requiring import restrictions in the first 4 months of the year decreased by 3.6% over the same period last year, estimated at 6.15 billion USD. However, some products had high import turnover such as: household electrical appliances and components, up 29.7%; vegetables and fruits increased by 15.1%.

The Ministry of Industry and Trade assesses that due to the recovery of production and export, the demand for importing machinery, equipment and raw materials for domestic production has increased, so import turnover in the first 4 months of the year from almost All major markets increased.

In particular, China continues to be our country's largest import market in the first 4 months of 2024 with an estimated turnover of 41.57 billion USD, up 28.4% over the same period last year and accounting for 36% of the total. import turnover of the whole country; Next is imports from the Korean market estimated at 17.05 billion USD, up 6.1%; ASEAN is estimated to reach 15.6 billion USD, up 16.9%; Japan is estimated to reach 7.4 billion USD, up 6.9%; EU is estimated to reach 5 billion USD, up 11.4%; The United States is estimated to reach 4.5 billion USD, an increase of 4.6%.

Related articles:

Kỳ vọng lớn từ dự án đường sắt Lào Cai – Hà Nội – Hải Phòng
20/03/2025 273
Kỳ vọng lớn từ dự án đường sắt Lào Cai – Hà Nội – Hải Phòng

Tuyến đường sắt Lào Cai  Hà Nội  Hải Phòng góp phần cụ thể hóa quy hoạch phát triển mạng lưới đường sắt quốc gia thời kỳ đến 2030 và tầm nhìn ...

Advantages of the air transport industry
20/02/2025 444
Advantages of the air transport industry

The strong development of air transport has met many urgent needs of businesses when supplying goods to the market, customers and partners.

Transporting goods by air and 6 things to know
20/02/2025 369
Transporting goods by air and 6 things to know

Transporting goods by air (Air Cargo) using specialized aircraft or carrying in the belly of the aircraft, suitable for high-value items that need urgent delivery.

Door to Door delivery service
20/02/2025 534
Door to Door delivery service

Door to Door transportation service (EXW/DAP/DDP) is a comprehensive transportation service from seller's warehouse to buyer's warehouse. The Door to Door service includes transportation services and customs clearance services necessary to export goods from the sending country and import goods to the destination country.

News about our sea shipping service
20/02/2025 538
News about our sea shipping service

We provide a variety of sea transport services, including: Transport of full containers - FCL goods (Full Container Load), LCL cargo transport - LCL goods (Less Than Container Load), Door to Door transport, super heavy cargo transport, oversized and overloaded cargo transport.

Process of transporting domestic Containers by sea & Reputable unit
20/02/2025 466
Process of transporting domestic Containers by sea & Reputable unit

Domestic container shipping by sea is increasingly playing an important role in goods exchange activities, promoting domestic consumption. What are the characteristics and advantages of container transportation by domestic sea? What types of goods can often be transported domestically by sea?

Việt Nam sẽ hình thành hệ sinh thái Tổ hợp công nghiệp hàng không tại khu vực sân bay gần 6.000 tỷ ở miền Trung
19/02/2025 182
Việt Nam sẽ hình thành hệ sinh thái Tổ hợp công nghiệp hàng không tại khu vực sân bay gần 6.000 tỷ ở miền Trung

Địa phương sẽ triển khai kế hoạch quy hoạch đô thị Cảng hàng không trên diện tích khoảng 3.400ha. Dự án bao gồm các khu chức năng quan trọng như đô thị, thương mại - dịch vụ, logistics, cùng với các khu công nghiệp công nghệ cao, đặc biệt là lĩnh vực bán dẫn.

UBND tỉnh Quảng Trị vừa đưa ra kết luận sau cuộc họp với nhà đầu tư về kế hoạch phát triển tổ hợp công nghiệp hàng không, logistics, dịch vụ, thương mại và đô thị gắn liền với sân bay Quảng Trị.

Lãnh đạo tỉnh đánh giá cao đề xuất do Tập đoàn T&T phối hợp cùng đơn vị tư vấn CPG Signature – Singapore xây dựng. Ý tưởng này được nhận định là phù hợp với chiến lược phát triển kinh tế của tỉnh, tận dụng tối đa tiềm năng địa phương để tạo động lực tăng trưởng.

Chairman of US logistics 'unicorn': Vietnam is a super important market
11/06/2024 568
Chairman of US logistics 'unicorn': Vietnam is a super important market

When Vietnam became the leading destination for shifting production and purchasing of many corporations, the 'unicorn' Flexport (USA) quickly came to take advantage of the opportunity.

"This is the right time to invest in Vietnam, a super important market," Mr. Sanne Manders, Chairman of Flexport told VnExpress during a visit to Ho Chi Minh City.

Korea invests in improving response capacity and sustainable development of the transport industry
05/06/2024 539
Korea invests in improving response capacity and sustainable development of the transport industry

The Korean government will expand the country's shipping capacity to 140 million tons by 2030 and the capacity of national container shipping lines to 2 million TEUs.

To reduce costs, export businesses take advantage of nearby markets
05/06/2024 568
To reduce costs, export businesses take advantage of nearby markets

With geographical advantages, close markets such as China and ASEAN are being chosen by many businesses in their business strategies to reduce costs.

Which country initiates the most trade defense investigations against Vietnamese goods?
05/06/2024 393
Which country initiates the most trade defense investigations against Vietnamese goods?

Minister of Industry and Trade Nguyen Hong Dien mentioned this number when answering questions from delegate Doan Thi Le An (Cao Bang) about the fact that Vietnamese goods are increasingly subject to trade defense measures and solutions to reduce them. In this situation, what does Vietnam do to protect domestically produced goods?

Japan plans to receive 820,000 foreign workers for the logistics sector
05/06/2024 547
Japan plans to receive 820,000 foreign workers for the logistics sector

The Japanese government has announced plans to accept up to 820,000 foreign workers in the transportation and logistics sector under skilled labor visas in the next 5 years. Accordingly, Japan aims to alleviate the shortage of drivers by extending their period of stay up to 5 years and amending current regulations to facilitate and agree skilled labor in New fields added.

Consultants
Company Location
Facebook
Statistical access
  • Image User Online
  • Online: 0
  • Today:
  • This week:
  • This month:
  • Year 2025:
  • Last year: 1229
  • Access times: 1229
0936.441.992
Click to call me now - messenger Click to call me now - zalo