The United States maintained its position of the biggest export market of Vietnam with estimated export turnover accounting for 20.6% of the total export turnovers; following was EU with the proportion of 19%.
Shares of commodities in total export value
Source: Vietnam Customs agency Estimated import turnovers in 2015 reached US$ 165.6 billion, grew by 12% over the previous year, of which the FDI sector achieved US$ 98 billion, increased by 16.4%; the domestic economic sector gained US$ 67.6 billion, by 6.3%. If the price factor was excluded (import prices reduced by 5.8%), import turnovers would go up by 18.9%, higher than 2014’s growth of 13.2%.
In respect of the structure of import goods, the group of means of production accounted for up to 91.3% of the total import turnovers, increased by 0.2 percentage points against 2014; the group of consumer goods represented 8.7%, decreased by 0.2 percentage points.
Regarding the import market, China was still the largest import market with import turnover accounting for 28.8% of the total import turnovers; the next was South Korea representing 16.7%; ASEAN taking 14.4%; etc.
Trade deficit in 2015 was US$ 3.2 billion (after three consecutive years of trade surplus), of which thedomestic economic sector had a trade deficit of US$ 20.3 billion; the FDI sector had a trade surplus of US$ 17.1 billion. It was noteworthy that estimated trade deficit with China was up to US$ 32.3 billion, up 12.5% from a year earlier; and after many years of trade surplus, Vietnam had a trade deficit of over US$ 300 million with Japan in 2015.
