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  • The Import-Export Volume Between Vietnam - Korea 1st Quarter of 2019 and 2020

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    Thao Nguyen
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    The import and export volumes between Vietnam and South Korea in the first quarter of 2019 and 2020 are summarized. In Q1 2019, Vietnam imported $4.6 billion worth of goods from South Korea, a 6.4% increase year-over-year, representing 7.9% of Vietnam's total imports. Exports from Vietnam to South Korea were $11.5 billion in Q1 2019, down 2.2% year-over-year and accounting for 19.9% of Vietnam's total exports. In Q1 2020, imports decreased 2.7% to $4.5 billion while exports increased 2.4% to $11.7 billion, with both countries representing important trade partners.

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    The import-export volume between Vietnam - Korea 1st quarter of 2019 and 2020

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    The import and export volumes between Vietnam and South Korea in the first quarter of 2019 and 2020 are summarized. In Q1 2019, Vietnam imported $4.6 billion worth of goods from South Korea, a 6.4% increase year-over-year, representing 7.9% of Vietnam's total imports. Exports from Vietnam to South Korea were $11.5 billion in Q1 2019, down 2.2% year-over-year and accounting for 19.9% of Vietnam's total exports. In Q1 2020, imports decreased 2.7% to $4.5 billion while exports increased 2.4% to $11.7 billion, with both countries representing important trade partners.

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    10 views2 pages

    The Import-Export Volume Between Vietnam - Korea 1st Quarter of 2019 and 2020

    Uploaded by

    Thao Nguyen
    The import and export volumes between Vietnam and South Korea in the first quarter of 2019 and 2020 are summarized. In Q1 2019, Vietnam imported $4.6 billion worth of goods from South Korea, a 6.4% increase year-over-year, representing 7.9% of Vietnam's total imports. Exports from Vietnam to South Korea were $11.5 billion in Q1 2019, down 2.2% year-over-year and accounting for 19.9% of Vietnam's total exports. In Q1 2020, imports decreased 2.7% to $4.5 billion while exports increased 2.4% to $11.7 billion, with both countries representing important trade partners.

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    The import-export volume of Vietnam - Korea in the QI/2019 and QI/2020

    Import Export
    Compare Compare
    Volume Volume
    d with the Proportion d with the Proportion
    (Billion (Billion
    last year (%) last year (%)
    USD) USD)
    (%) (%)
    QI/2019 4.6 6.4 7.9 11.5 -2.2 19.9

    QI/2020 4.5 -2.7 8.0 11.7 2.4 19.8

    The trade balance between Vietnam and Korea


    QI/2019 and QI/2020
    15 Unit: Billion USD

    11.5 11.7

    10

    5 4.6 4.5

    0
    QI/2019 QI/2020

    -5

    -6.9 -7.2

    -10 Import Export Trade Balance

    South Korea is an important market for Vietnam, that is the sixth largest export partner,
    and the second largest import partner of Vietnam.
    Reference:
    - Vietnam Customs:
    https://www.customs.gov.vn/Lists/ThongKeHaiQuan/ViewDetails.aspx?
    ID=1620&Category=Ph%C3%A2n%20t%C3%ADch%20%C4%91%E1%BB
    %8Bnh%20k%E1%BB%B3&Group=Gi%E1%BB%9Bi%20thi%E1%BB%87u
    - WTO Center – VCCI: http://www.trungtamwto.vn/su-kien/15255-so-lieu-xuat-
    nhap-khau-quy-i2020

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