Friday, April 19,2024 - 8:54 GMT+7  Việt Nam EngLish 

Exports of electric wires and cables reached nearly US$1.42 billion 

 Thursday, December 13,2018

AsemconnectVietnam - Electric wires and cables posted export turnover of nearly US$1.42 billion in the first 10 months of this year, a year-on-year increase of 30 per cent, according to the preliminary statistics figures of the General Department of Customs.

China was the country’s biggest export market of electric wires and cables in the first ten months of this year with turnover of $530.79 million, an increase of 39.13 per cent over the same period last year, accounting for 37.14 per cent of total export turnover.

The second largest market was Japan with turnover of $278.5 million, an increase of 21.46 per cent over the same period last year.
The South East Asia ranked third with $203.81 million, up by 31.18 per cent and over the same period in 2017.

In the first ten months of this year, the country’s exports of electric wires and cables to Australia increased sharply by 3.9 times or 289.03 per cent over the same period last year; while the exports to Britain decreased by 26.39 per cent to $4.67 million.

Vietnam’s export markets of electric wires and cables in the first ten months of 2018 source: VITIC – according to the figures of the General Department of Customs
Market
October of 2018 (US$)
October of 2018 vs. September of 2018 (%)
First 10 months of 2018 (US$)
First ten months of 2018 vs. same period of 2017 (%)
China
61,544,865
-22.19
530,795,230
39.13
Japan
26,986,894
11.9
278,568,837
21.46
South Korea
15,553,360
23.06
135,274,399
34.46
The U.S
10,473,499
17.52
73,903,236
13.19
Singapore
4,941,117
-18.06
58,381,685
78.23
Hong Kong (CN)
3,379,024
-14.06
42,388,829
4.29
Thailand
3,997,508
2.91
39,848,088
16.02
Cambodia
4,513,000
77.05
32,579,283
15.14
Indonesia
1,737,949
-41.14
26,753,412
71.6
The Philippines
3,460,488
1.04
25,419,443
-4.12
Malaysia
1,218,556
0.85
13,883,317
30.87
Australia
585,569
-11.9
12,377,748
289.03
Laos
1,091,067
300.81
6,946,954
-4.36
Taiwan(CN)
471,425
25.71
5,050,820
25.62
Britain
218,853
34.28
4,676,507
-26.39
France
533,732
76.08
3,674,017
48.21
CK
Source: VITIC

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