Vietnam is an amazing Southeast Asian country exporting quality products and raw materials across the world. As per Vietnam Export Data 2021, Vietnam recorded 4, 06,755 million US dollars of exports. Vietnam Ranked 17th on the leading exporters list as per WTO. It could be the land of opportunities for traders and buyers
We live in an era of innovation and advanced technology. Every company is trying to get better than its competitors. To survive in this competitive world, you should have something extraordinary to outclass your competitors. That’s where you need to apply a data-driven approach to make a better marketing strategy.
Accurate Vietnam trade statistics can help you make better decisions. You can discover potential suppliers for manufacturing your product at a better cost. To get a deep understanding, let's study in detail.
What are the major exports of Vietnam?
Vietnam’s economy is continuously developing. Vietnam is known for manufacturing better quality products at less production cost. Vietnam is slowly emerging as the leading textiles and garments exporter of the world. As per our current Vietnam Export Data, the top 10 major exports of Vietnam includes
Cell phone and spare parts (57 billion US dollars approx.)
Electronics, computers, and their parts (51 billion US dollars approx.)
Machinery, equipment, accessories, and tools (38 billion US dollars approx.)
Textiles & Garments (33 billion US dollars approx.)
Footwear (18 billion US dollars approx.)
Timber and wooden articles (14.81 approx.)
Iron and steel (12 billion US dollars approx.)
Vehicles and spare parts (11 billion US dollars approx.)
Marine food (9 billion US dollars approx.)
Who are the leading export partners of Vietnam?
Over the years, Vietnam's exports have seen a surplus amount of increase. According to our Vietnam export database, Vietnam's exports rose from 1.9 billion USD in 2017 to 10.57 billion USD in 2020. That makes it the 16th largest exporter in the world.
The USA was the top exporter of Vietnam products importing goods (mainly cork articles, cocoa, textiles, and minerals) of over 16.1 million in 2021. As per trade experts, Vietnam's exports will see a steep rise of 6 to 7 percent this year.
The top 10 export partners of Vietnam are – the USA ($61B), China ($41B), Japan ($20B), South Korea ($19.7B), Hong Kong ($7.16B), Netherland ($6.88B), India ($6.67B), Germany ($6.56B), United Kingdom ($5.76B), and Thailand ($5.05B).
What products Vietnam exports to India?
As per India-Vietnam trade statistics 2021,India imported around 7 billion USD of products. These were Electronics (3 billion USD), Chemicals (533 billion USD), Machinery (433 billion USD), Beverages (234 billion USD), Plastics (423 billion USD), Copper (368 billion USD), Rubber (267 billion USD), Iron steel articles (248 billion USD), Footwear (149 billion USD) and many more.
Both countries are working together to strengthen their economy by doing import-export business. So, Vietnam could be a great place to invest.
What does Vietnam Export Data contain?
Vietnam Export data contains all the essential details that can help you analyze the Vietnam Market better. Our Vietnam Import Export data includes HS Code, Product Description, Importer Name, Exporter Name, Port details and Shipment details. For better understanding, find the sample Vietnam Export Import Data given below:
Why do you need Vietnam Export Data from Exim Trade Data?
This world is interconnected through trade. Various Countries support each other by doing import-export. Whether you are looking for raw materials to develop your product or import quality goods, our genuine Vietnam Export Data can help. You can avoid financial risk and discover the best suppliers or manufacturers in Vietnam. Vietnam is known for manufacturing quality goods at a better cost. A better insight into the Vietnam Market can help you plan an impactful strategy and increase your production.
Why opt for Exim Trade data Services?
Exim Trade Data is among the best market research firms across the world. We offer well researched, organised genuine data of more than 60+ countries. We help you with our verified data that is prepared after doing lots of market research, analysing trade statistics such as shipment bills, commercial invoices, leading buyers and suppliers of that particular country.
If you need to learn how to expand your business in the Vietnam market then feel free to contact us at info@eximtradedata.com or call us at +91-9625812393.
No comments:
Post a Comment