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Importing Gold of Vietnam from 2012 to 2016

Autor:   •  November 22, 2018  •  6,214 Words (25 Pages)  •  593 Views

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In recent years, the import of gold fluctuates in the value of gold imports in different countries. According to statistics from 2012 to 2015, Viet Nam imported gold of more than 21 countries with the total value of gold imports increased significantly compared to 2012. The lowest total gold value was in 2012 with a total of US $ 100408072 and the highest total gold import value was in 2014 with a total of US $ 128200319. By 2013, the total value increased dramatically with a total value of $ 117088189. In 2015 there will be a slight decrease compared to 2014 with a total value of 126495650. In general, Viet Nam imports gold in many countries. However, Viet Nam was mainly importing with large and regular value in some countries such as Japan, Australia, United Arab Emirates, Hong Kong, Canada and Korea. The remaining countries, Viet Nam only import gold with low value and not annual continuously. (Table 1.1.1A)

Unit: USD

NAME OF COUNTRY

HS CODE

Value in 2015

Value in 2014

Value in 2013

Value in 2012

JAPAN

710811

1,607,520

1,777,717

1,539,050

Table 1.1.1B: the value of importing gold (HS code 710811) from 2012-2015.

From the total import value of gold each year, Viet Nam imports gold with HS code 710811which accounted for negligible in total of import value and mainly imported from Japan. In 2013, the value entered with this code was only 1.31%. In 2014, this rate increased slightly compared to 2013 was 1.39%. However, in 2015 the rate was lower than 2014 by 1.27%. (Table 1.1.1 b)

Unit: USD

NAME OF COUNTRY

HS CODE

Value in 2015

Value in 2014

Value in 2013

Value in 2012

AUSTRIA

710812

124,990

UNITED ARAB MIRATES

710812

41,996,138

33,444,707

32,400,422

20,519,881

CANADA

710812

1,871,729

1,515,039

839,865

946,304

DANMARK

710812

12,518

156,295

42,726

107,034

KOREA

710812

4,816,884

13,844,114

14,005,050

13,404,645

HONGKONG

710812

33,212,440

24,209,962

21,251,031

21,407,670

ITALY

710812

508,672

311,178

632,915

MALAYSIA

710812

2,284,348

2,219,540

1,151,449

202,980

THE UNITED STATE

710812

3,043,125

2,684,048

2,642,591

2,450,703

JAPAN

710812

8,879,034

9,810,425

12,047,342

13,240,991

AUSTRALIA

710812

13,194,252

14,736,094

14,608,249

14,220,013

FRANCE

710812

2,732,043

4,386,001

6,300,663

6,337,038

THAILAN

710812

380,664

514,310

84,685

415,928

SWITZERLAND

710812

771,424

334,129

110,431

CHINA

710812

244,035

245,737

UNDISTRIBUTED AREA CLEARLY

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