According to a Xinhua News Agency report on July 7, Vietnam imported a total of 6.8 million tons of steel products in the first six months of this year, with a cumulative import value of more than US$4 billion, down 5.4% and 16.3% respectively from the same period last year.
According to the Vietnam Steel Association on Tuesday, the main countries that exported steel to Vietnam from January to June include China, Japan and South Korea.
According to statistics from the association, in June alone, Vietnam imported nearly 1.3 million tons of steel products, valued at US$670 million, up 20.4% and down 6.9% year-on-year.
According to statistics released by the General Statistics Office of Vietnam, Vietnam’s steel imports in 2019 were US$9.5 billion, with imports reaching 14.6 million tons, a decrease of 4.2% and an increase of 7.6% compared to 2018; During the same period, the value of steel exports was 4.2 billion US dollars, and the export volume reached 6.6 million tons, a year-on-year decrease of 8.5% and an increase of 5.4%.
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