Vietnam is a beautiful country located in the southeast part of Asia. Vietnam is not just a place of interest for travellers but traders also. According to Vietnam Import Data 2020, Vietnam was the 18th largest importer in the world.
An accurate trade data contains the list of leading importers & exporters of Vietnam, HS code, Product Description, quantity, port details, and shipping information. So, a well-organized import trade data can help you analyze global market trends and find potential buyers in that particular country. That will help you generate more product sales.
According to Vietnam Trade Data Statistics of 2020, Vietnam was the 37th largest economy in the world by GDP and 23rd as per Purchasing Power Parity. By the end of this year, Vietnam's imports might see a rise of 23.10 Billion USD. Vietnam's economy is continuously growing. It could be a great place for future investment and trading.
What are the main imports of Vietnam?
As per latest Vietnam import export data, the top 10 imports of Vietnam are
Electrical Machinery, electronic equipment with a share of 34.30% (96 billion US$)
Semiconductor devices, ICs, computer parts and accessories with a share of 9.60% (26.9 billion US$)
Plastics, plastic products with a share of 5.40% (15.2 billion US$)
Medical equipment, apparatus with a share of 3.60% (10 billion US$)
Iron and steel with a share of 3.50% (9.8 billion US$)
Minerals, petroleum products with a share of 3.10% (8.8 billion US$)
Vehicles with a share of 2.50% (6.9 billion US$)
Knit or crochet fabric with a share of 2.20% (6.1 billion US$)
Iron & steel articles with a share of 1.50% (4.2 billion US$)
Cotton with a share of 1.40% (4 billion US$)
Who are the biggest importer partners of Vietnam?
As per Vietnam Import Data 2020, Vietnam imports estimated about 262.75 billion US dollars of goods and products. China has emerged as the leading trade partners of Vietnam followed by South Korea, Japan, Taiwan, USA, Thailand, Malaysia, Australia, and India. Detailed trade statistics of Vietnam’s top 10 importer partners is explained below:
Chinese imports accounted for 84 billion US dollars with a 32% share.
Korean imports accounted for 46 billion US dollars with a 17.9% share.
Japan accounted for 20 billion US dollars in imports with a 7.75% share.
Taipei, net with a share of 6.39% (16.7 billion US$)
USA imports accounted for 13.7 billion US dollars with a share of 5.26%.
Thailand accounted for 10.9 billion US dollars in imports with a 4.18% share.
Malaysia accounted for 6.57 billion US dollars in imports with a share of 2.51%
Indonesia accounted for 5.38 billion US dollars in imports with a share of 2.06%
Australian imports accounted for 4.67 billion US dollars imports with a share of 1.78%
Indian imports accounted for 4.48 billion US dollars imports with a share of 1.71%
What Vietnam Imports from India?
As per our Vietnam import database, Vietnam imports around 4.48 billion US dollars products from India. Top products that Vietnam Imports from India are – Iron and steel (1.14 billion dollars), Meat products (284 million dollars), Medicinal goods (260 million dollars), Cotton (258 million dollars), Electrical & Electronic products (247 million dollars), Sea foods ( fish, shrimps, prawns, etc.) (228 million dollars), heavy machinery, boilers, reactors (197 million dollars), plastics or plastic articles (172 million dollars), oilseeds, grains, seeds, fruits (160 million dollars), vehicles (158 million dollars), chemical products (150 million dollars) and many more products.
If you are still thinking, what to export from India to Vietnam? Then, you can view our complete list of Vietnam Imports from India at Exim Trade Data.
Future of India Vietnam Trade Relations
India always shared strong trade relations with Vietnam. India also helped Vietnam with 2 lakh free doses of Covaxin Covid-19 vaccines during the pandemic. Also, India donated huge amounts of raw materials for manufacturing co-vid vaccines.
As per our latest global trade statistics, India and Vietnam are working together to strengthen their trade relations. The aviation sector, Mechanical sector, IT sector, Medical Sector, and Oil and gas sectors are among the top sectors to invest in.
Vietnam holds a great future for Indian importers. Demands for Indian products are continuously growing in Vietnam’s market. India can become the leading exporter to Vietnam. If you have genuine Vietnam Trade Data, you can find genuine buyers in Vietnam.
What does Vietnam Trade Data look like?
A Typical Trade Data includes -
Product’s HS Code
Product Description
Product Quantity
Shipping Details
Buyer’s name
Suppliers Name
A Sample Vietnam Import Export Data looks like the data given below:
Why Choose Vietnam Import Data from Exim Trade Data?
Exim Trade Data gives its customers instant access to 100% real verified Vietnam Import Data. A genuine import data of Vietnam can help you give deep insights into the latest market trends, products in Demand, and leading importers, track and analyze your competitors.
After studying our trade data, you can plan, and implement a successful marketing strategy to outclass your competitors. After applying a data-driven approach to your marketing strategy, you can accelerate your business in Vietnam. More production means more profit.
As a leading Import Export Data provider company, we act as a comprehensive guide for your business and help you plan an impactful market strategy by mitigating risk. If you are looking for real verified data from more than 60+ countries, feel free to contact us at info@eximtradedata.com or call us at 91-9625812393.
No comments:
Post a Comment