Imports to Vietnam increased 5 percent from a year earlier to USD 22.4 billion in July 2019, mainly due to purchases of means of transport and spare parts (164.3 percent); coal (122.1 percent); automobiles (36.1 percent); and electronics, computers and components (19.5 percent). Imports in Vietnam averaged 7284.26 USD Million from 1990 until 2019, reaching an all time high of 23190 USD Million in May of 2019 and a record low of 740 USD Million in February of 1999.
Imports in Vietnam is expected to be 21900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Vietnam to stand at 21600.00 in 12 months time. In the long-term, the Vietnam Imports is projected to trend around 23800.00 USD Million in 2020, according to our econometric models.