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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