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Top 10 Vietnam Imports and Exports Products

vietnam export import data

Key Highlights

  • Vietnam's economy is thriving, following a drop in foreign trade in 2023. 
  • Between January and April 2024, Vietnam's overall commerce in products reached US$238.88 billion, representing a 15.2% year-on-year increase. 
  • As per Vietnam export data, Vietnam's main exports are electronics, computers, phones, textiles, and footwear. 
  • Based on Vietnam import data, Vietnam's top imports include integrated circuits, broadcasting equipment, refined petroleum, and cellphones. 
  • Understanding Vietnam's top import and export products reveals the country's economic strength and role in the global supply chain.

Vietnam attracts people from all around the world due to its fascinating history and diverse culture. It is a neighbouring country of China. Agriculture is the major employer for more than 60 percent of Vietnamese. Also, it is the second largest south-Asian country when it comes to exports of agricultural products. However, in terms of exports, Vietnam is one of the key exporters of agricultural products like rice, coffee, rubber, tea, vegetables, and black pepper. As per Vietnam import data, Vietnam's major imports are accessories, instruments, and machines, which account for around 16% of its total imports. Today in this blog, we will explore the top 10 Vietnam imports and exports products around the world.

Along with this, we will provide the most accurate and updated Vietnam export data, Vietnam import data, Vietnam customs data, or Vietnam import data by HS code.

Why is the Vietnam economy growing?

Did you know? Vietnam is the 35th largest economy in terms of nominal GDP and the 24th largest in terms of purchasing power parity (PPP). 

"The latest set of data shows that the country can meet its GDP growth target of 6.0% to 6.5% this year," Luc, an economist with Vietnam's Bank for Investment and Development, told Reuters.

However, the economy continues to face external risks such as geopolitical conflict, terrorism, Red Sea shipping interruptions, and climate change, he said.

"The government needs to make further advancements to enhance its business environment and address the current problems of the real estate and corporate bond markets," he stated.

Vietnam export import data: 2023-24

According to the most recent data from the General Statistics Office (GSO), Vietnam's foreign commerce has continued to recover in the first four months of 2024, following a dramatic trade fall in 2023.

Here is the comparison data for Vietnam exports and imports!

Trade Stats 2024 ( January to April) 2023 (October to December) 
Total Trade $238.88 billion $29.31 billion
Vietnam Export data $123.64 billion $32.31 billion 
Vietnam Import data $115.24 billion $102.50 billion

Between January and April 2024, total commerce in products reached US$238.88 billion, up 15.2 percent year on year.

As per Vietnam export import data, the total exports are estimated at US$123.64 billion, up 15% year on year, while imports are estimated at US$115.24 billion, up 15.4 percent year on year. Vietnam's trade surplus in goods totaled $8.4 billion in the first four months.

So, the high growth rates observed in the first four months of 2024 suggest that Vietnam is still recovering from a year of plunging foreign commerce. Vietnam's total foreign trade declined 6.6% in 2023 compared to the previous year, with exports down 4.4 percent and imports down 8.9 percent.

Vietnam export-import data

Let’s explore the top Vietnam import and export products!

Top 10 Vietnam imports and exports products

Vietnam's trade is booming! Let's go further into the top products fueling this rise. As per Vietnam export-import data, the top Vietnam import products are integrated circuits, broadcasting equipment, refined petroleum, and telephones, while the top Vietnam export products are: computers and electronic products, machinery and equipment, textiles and garments, and footwear.

We'll look at the top 10 imports and exports to better comprehend Vietnam's trading landscape.

List of top Vietnam import products: 2024

Semi-finished and finished products are imported from various countries as per the requirements of Vietnam. Here is the list of products that have a high percentage of total exports

S.no Product Description  Import Value 
1 Integrated circuits  45.2 Billion USD
2 Broadcasting equipment 19.5 Billion USD
3 Refined petroleum, coal, and other fuels  24.2 billion USD
4 Phones and components 8.75 billion USD
5 Footwear 40 million USD
6 Completely Built-Up Cars 2.4 billion USD
7 Computers, electronic products, and other components 88 billion USd
8 Iron and steel 15.78 billion USD
9 Wheat, corn, soybeans, and animal feed 10.55 billion USD
10 Cotton, textile fibers, fabrics, and other raw materials for the garment and shoe industry 21.4 billion USD

Now, explore the list of top Vietnam export products.

List of top Vietnam export products: 2024

Semi-finished and finished products are exported to various countries, which remain after meeting domestic needs. Here is the list of products that have a high percentage of total exports. 

S.no Product Description  Vietnam Export Data
1  Phones and Accessories  $57.99 billion
2  Computers and Electronic products $55.54 billion
3  Machinery and Equipment  $45.75 billion
4  Textiles and garments $37.57 billion
5  Footwear  $23.90 billion
6  Wood and wooden products $16.01 billion
7  Vehicles and spare parts $11.99 billion
8  Seafood and fishery products  $10.92 billion
9  Iron and steel $7.99 billion
10  Cameras, camcorders, and accessories $6.37 billion

So, understanding Vietnam's top import and export products provides significant insights into the country's economic strength and involvement in the global supply chain. Also, if you need accurate Vietnam export data, Vietnam import data, Vietnam customs data, and HS codes, please connect with Seair Exim Solutions today.

How do I find Vietnam customs data for import export?

To explore the most updated and accurate Vietnam customs data, please visit Seair Exim Solutions' data-driven dashboard to acquire Vietnam export data, Vietnam import data, as well as a list of Vietnam exporters and importers.

Seair Exim is a leading data-driven tool for analyzing global shipments. We provide a database of more than 100 countries, allowing you to easily access global trade statistics.

Final thoughts!

Vietnam is home to world-leading brands like HP and Samsung. Samsung alone holds more than 20 percent of total mobile exports worldwide. In terms of technology, Vietnam is one of the leading countries. The products Vietnam imports are mostly raw materials and components used to make finished products, as Vietnam is a production intensive country. And it mostly exports finished products. Its main trading partners are China, the United States, South Korea, Europe, and Japan. Vietnam, as an emerging economy, has the potential to grow at a very high pace in the future.

However, if you have any queries related to top Vietnam imports and exports, our data experts are here to assist you with our real-time database. With our Vietnam export-import data, traders can easily find buyers and suppliers to trade with. Apart from that, our data helps you gain knowledge related to the product you want to trade in.

FAQ’s

Q1. What is Vietnam's main import?

As per Vietnam export data, the top imports are: integrated circuits, broadcasting equipment, refined petroleum, coal, and other fuels, phones and their components, and footwear. 

Q2. Who is Vietnam's largest export partner?

Based on Vietnam trade data, China remains Vietnam's top export partner, and this dynamic relationship will continue to evolve in 2024-25.

Q3. What does Vietnam import from India?

According to Vietnam customs data, Vietnam, the world's third largest rice exporter, received at least 200,000 metric tonnes of husked brown rice from India.

Q4. What is the main export of Vietnam?

As per Vietnam export data, the top export products are: phones and accessories; computers and electronic products; machinery and equipment; textiles and garments; and footwear.

Q5. What are the three major exports in Vietnam?

According to Vietnam exporter data, electronics products, machinery equipment, and phones and accessories are the three major exports in Vietnam.

Q6. What are Vietnam's major imports and exports?

Based on Vietnam trade data, major Vietnam import products are integrated circuits, broadcasting equipment, refined petroleum, and telephones, while the top Vietnam export products are: computers and electronic products, machinery and equipment, textiles and garments, and footwear.

Q7. Who does Vietnam export to the most?

As per Vietnam export data, the United States, Korea, China, and Japan are the major export destinations.

Q8. Which country does Vietnam import the most from?

As per import data, China, South Korea, Japan, and the United States are the major import partners of Vietnam. Also, if you need global trade data, HS codes, US import data, or Vietnam import data by HS codes, connect with our platform today.

Vietnam Trade Data

Vietnam export data Vietnam import data

  • Seair Exim
  • 07-Jun-2024

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