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Trade exchange between Vietnam and Saudi Arabia fell 

 Friday, July 29,2016

AsemconnectVietnam - In the first half of this year The bilateral trade exchange between Vietnam and Saudi Arabia was down by 8.9 per cent over the same period last year to US$ 696.5 million, according to the preliminary statistics figures of the General Department of Customs.

Of the figure, the country exported $ 204.94 million worth of goods to and imported $ 287 million worth of goods from Saudi Arabia, down by 4.07 per cent and up by 23.9 per cent, respectively compare to the same period of 2015.

Exports: Cell phones and accessories were leading the list of items exported to Saudi Arabia in the first 6 months of this year with the export turnover of $ 62.02 million, down by 32 per cent over the same period last year.

It was followed by seafood with $ 29.24 million, down by 15 per cent year – on – year; textiles and garments - $ 26.1 million, up by 87 per cent; wood and furniture - $ 11.99 million, up by 2.6 per cent.

Vietnam’s exports to Saudi Arabia in the first 6 months of 2016 - Unit: US$ - Source: The General Department of Customs

 
 

Items

First 6 months of 2016

First 6 months of 2015

First 6 months of 2016 vs. same period of 2015 (%)

Total
204,940,481
266,570,721
-23.12
Cell phones and accessories
62,017,353
91,363,788
-32.1
Seafood
29,235,304
34,388,351
-15.0
Textiles and garments
26,099,112
13,934,089
+87.3
Wood and furniture
11,987,347
11,683,735
+2.6
Machinery, equipment, tools and spare parts
4,299,736
19,021,654
-77.4
Iron and steel of all kinds
3,283,405
4,172,989
-21.3
Tea
1,877,582
2,151,890
-12.7
Confectionery and grain products
1,063,779
1,073,026
-0.9
Rubber products
482,726
1,085,625
-55.5
Non – wooden furniture
303,437
228,219
+33.0

Imports: In the first half of this year, the country’s import of plastics from Saudi Arabia saw decrease of 4.76 per cent; that of chemical products – down by 40.8 per cent; chemicals – down by 12.19 per cent; and liquefied gas – down by 57.81 per cent.

Vietnam’s imports from Saudi Arabia in the first 6 months of 2016 - Unit: US$ - Source: The General Department of Customs

Item
First 6 months of 2016
First 6 months of 2015
First 6 months of 2016 vs. same period of 2015 (%)
Total
491,550,074
512,396,175
-4.07
Plastics
433,568,795
455,224,665
-4.76
Liquefied gas
34,269,890
21,716,055
+57.81
Chemical products
6,395,081
10,804,864
-40.81
Chemicals
4,665,456
5,313,072
-12.19
Iron and steel of all kinds
2,316,890
-
-
 
K.Cuc
Source: VITIC

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