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Table 3 Overall changes in Vietnam’s pharmaceutical imports from the EU in two scenarios

From: Assessing potential impacts of the EVFTA on Vietnam’s pharmaceutical imports from the EU: an application of SMART analysis

Indicator

Scenario 1

Scenario 2

Initial import value (‘000 USD)

1,108,164

1,108,164

Import value in 2028 (‘000 USD)

1,142,273

1,138,937

Total import changes (‘000 USD)

34,109

30,773

Trade creation (‘000 USD)

17,639

17,639

Trade diversion (‘000 USD)

16,470

13,134

Increase in imports (%)

3.08

2.78

Trade creation/total import changes (%)

51.71

57.32