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The import volume in the first eight months of this year has increased to over 1 million tons, with a total import value of US$306 million
.
In the first eight months of this year, Vietnam's corn imports from India increased by more than 562 times compared with the same period last year (only 2,000 tons in the same period last year), and imports increased by about 494 times
.
.
As of the end of August, Vietnam's imports from India totaled nearly US$4.
7 billion, a year-on-year increase of over 60%
.
7 billion, a year-on-year increase of over 60%
.
In addition to the increase in corn imports, the imports of bulk commodities have also seen strong growth.
For example, the export of common metals reached US$269 million, an increase of over 300%; the export of animal feed and raw materials reached nearly US$203 million, an increase of approximately 220%; and the export of cotton The amount reached 226.
3 million US dollars, an increase of nearly 200%
.
For example, the export of common metals reached US$269 million, an increase of over 300%; the export of animal feed and raw materials reached nearly US$203 million, an increase of approximately 220%; and the export of cotton The amount reached 226.
3 million US dollars, an increase of nearly 200%
.
However, Vietnam's steel imports from India have fallen sharply
.
.
Among them, as of the end of August, Vietnam imported more than 925,000 tons of steel from India, with an import value of 751.
6 million U.
S.
dollars, compared with more than 1.
9 million tons in the same period last year, with an import value of 833 million U.
S.
dollars
.
6 million U.
S.
dollars, compared with more than 1.
9 million tons in the same period last year, with an import value of 833 million U.
S.
dollars
.
On the other hand, as of the end of August, Vietnam’s exports reached 3.
95 billion U.
S.
dollars, an increase of 26.
73% year-on-year
.
The largest category of export commodities is mobile phones and their parts, with an export value of US$821 million, a decrease of approximately US$50 million.
95 billion U.
S.
dollars, an increase of 26.
73% year-on-year
.
The largest category of export commodities is mobile phones and their parts, with an export value of US$821 million, a decrease of approximately US$50 million.
Therefore, as of the end of August, Vietnam’s trade deficit with India was approximately US$750 million
.
.
