According to the General Department of Vietnam Customs, Vietnam imported 1.4 million tons of paper worth US$1.3 billion in the first nine months of this year, a year on-year rise of 5.6% and 11.14%, respectively. The average price was US$834.9 per ton, up 5.2% against the same period last year.
China remained top exporter, accounting for 21.4% of total paper imports by Vietnam with 312,700 tons worth US$238.9 million, trailed by Taiwan (China) with 205,600 tons valued at US$117.7 million. Vietnam also imported paper from Indonesia, Japan, the Republic of Korea and Thailand.
Generally speaking, paper imports saw a growth in 72.2% of markets. Particularly, imports from the US rose 2.6 times in volume and 2.1 times in value to 21,600 tons and US$17.6 million, respectively.