(Construction) - According to the General Department of Customs, in the first 5 months of 2019, the export of iron and steel in May reached 609,000 tons, worth USD 389 million, up 7% in volume and 4 increase. % of the value. Thereby, the export of this commodity in the first 5 months of 2019 reached 2.93 million tons, worth 1.89 billion USD, up 24.4% in volume and 7.6% in value over the same period. 2018.
As of the end of 5/2019, iron and steel of all kinds mainly exported to Cambodian markets is 741,000 tons, up 52.8%; Indonesia 310 thousand tons, up 3.3%; Malaysia 304,000 tons, up 4.4%; US 252,000 tons, down 31.2% ... compared to the same period last year.
In May alone, the import of this commodity group was 1.45 million tons, worth USD 977 million, up 11.6% in volume and 12.5% in value. In 5 months of 2019, the amount of imported iron and steel of all kinds reached 6.12 million tons, worth 4.11 billion USD, up 8.1% in volume and 1.4% in value over the same period in 2018 .
In the first 5 months of 2019, China continued to be the largest market for steel and iron products in Vietnam with 2.59 million tons, worth 1.63 billion USD, up 0.1% in volume and down. 12.5% of the value compared to the same period last year. Korea ranked second with 703,000 tons, worth 579 million USD, down 5.4% in volume and 3.1% in value. Ranked third is Japan with 850,000 tons, worth 578 million USD, down 5.7% in volume and 8.5% in value.
