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Vietnam's plastic import volume rises in Q1

ECHEMI 2020-04-10

Vietnam imported over 1.5 million tons of plastic worth more than 2 billion U.S. dollars in the first quarter of this year, posting a year-on-year increase of 4.7 percent in volume and decrease of 6.1 percent in value, according to its Ministry of Industry and Trade on Thursday.

Between January and March, the country spent nearly 1.6 billion U.S. dollars importing plastic products, up 8.1 percent from the same period last year, and gained 767 million U.S. dollars from exporting plastic products, down 5.1 percent year-on-year, according to the ministry.

In 2019, Vietnam imported nearly 6.4 million tons of plastic totaling more than 9 billion U.S. dollars, up 14 percent and down 0.8 percent from the previous year respectively.

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