Imports to Vietnam rose 8.3 percent from a year earlier to USD 22.80 billion in May 2019, mainly due to higher purchases of vegetables and fruits (64.9 percent); electronic, computers and components (13.5 percent); phone and components (36.2 percent), and cars (25.8 percent). Imports in Vietnam averaged 7120.29 USD Million from 1990 until 2019, reaching an all time high of 21760 USD Million in October of 2018 and a record low of 740 USD Million in February of 1999.
Imports in Vietnam is expected to be 20400.00 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 22700.00 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.