Imported equipment from Japan, Korea increased

Imports of machinery, equipment and spare parts from Japan and South Korea have increased sharply over the first 7 months.

Post date: 29-08-2015

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According to statistics from the General Administration of Customs, the import value of machines, equipment and spare parts in the first 7 months of this year to nearly 16.4 billion US dollars, up 33.8% over the same period last year . These are commodities with the largest imports into Vietnam today, accounting for over 17.2% of total imports in 7 months.

China remains the largest market goods supply machinery, equipment, tools, spare parts for Vietnam in 7 months with a value of 5.29 billion US dollars, up 25.6% compared with the same period last year. However, this growth rate is not high.

At the same time on machines imported from South Korea to Vietnam reached US $ 3.12 billion, but increased to 81% compared to the same period last year and imports machinery from Japan in urban markets domestic market reached 2.89 billion US dollars, up 45.2%; Taiwan is 886 million US dollars, up 17.6% ...

Analysts said that investors have preferred to import machinery, equipment and spare parts from their countries and territories, rather long to imports from China are cheap. So far Japan, South Korea and Taiwan are still countries and regions are leading investors in Vietnam.

One reason why importing machinery that rising domestic production and business results of domestic enterprises also optimistic than before.

Source: general

ncsc.com.vn