Continuous surplus export to JapanUpdate: 1/22/2019
( HQ Online ) - According to estimates by the General Department of Customs , in the first 2 months of 2014, total import-export turnover between Vietnam and Japan reached about 4.02 billion U.S. dollars , up 15.1 % yoy in 2013. In particular , Vietnam's exports to reach about $ 2.2 billion , up 22.8 % and imports 1.7 billion , up 6.3 % .
In particular , through tracking statistics of General Administration of Customs show that in recent years , Vietnam has maintained a high growth rate of exports to the Japanese market . According to statistics recently published by the General Department of Customs , Import-Export turnover between Vietnam and Japan in 2013 reached U.S. $ 24.3 billion , up 2.4 % compared with 2012. In particular , Vietnam has exported to this market 13.65 billion , 4.5 % higher compared to the results of a year earlier . Meanwhile , imports of goods from Japan worth U.S. $ 11.61 billion , virtually unchanged compared to 2012. As from 2009 to 2013 , Vietnam's exports of goods to Japan and imports increased 2.15 times from 1.55 times Japan only . That helped Vietnam to achieve a surplus in merchandise trade balance with Japan . In 2011, Vietnam exported 0.4 billion super , to 2012 this figure was $ 1.5 billion in 2013 and valued at 2.04 billion , up 39% from the figure recorded in 2012 .
In recent years , Japan has always been an important commercial market in Vietnam , accounting for up to 10 % by weight of the total imports and exports of our country . In 2013, total two-way trade between Vietnam and Japan ranked No. 4 in nearly 240 countries and territories with which Vietnam has trade activities , in which Japan is ranked No. 2 market for exports and ranked No. 3 in NK .
The notable point is that in the 3 largest trading partner of Vietnam in Asia including China, Korea , Japan , we only create advantages on the market surplus country "sun grow "while the two remaining partners Vietnam under huge trade deficit . Specifically , in 2013, Vietnam's trade deficit of USD 14.066 billion from South Korea ( export reached U.S. $ 6,631 billion , while imports to U.S. $ 20,697 billion ) , and deficit figures from China was much larger , 23,695 billion ( export reached 13.259 billion U.S. dollars , the import turnover of 36.954 billion U.S. dollars ) .
However, analysis of the General Administration of Customs , the past year , trading activities Vietnam - Japan has grown and remarkable positive but the country has yet to exploit the maximum potential of a in the largest market in the world . General Administration of Customs data led to the World Trade Organization ( WTO ) announced in mid-May 9-2013 showed that total merchandise exports to Japan in 2012 to all states , territories gain nearly U.S. $ 799 billion , and imports of goods worth $ 886 billion. Thus, the value of goods exported or imported from Vietnam a potential market still accounts for only a very small market share , less than 2 % in 2012 .
In terms of the structure is , in 2013 , Vietnam exported to the Japanese market mainly textiles , crude oil , machinery , equipments, tools & accessories , marine products , wood & wood products , products plastics , computers & electronics products components ... Meanwhile , the country's imports with focus on commodities such as machinery , equipment, tools & accessories , computers, electrical products & electronic components , steel & iron and steel products , textile raw materials and footwear industry , plastic products ...