Exim Trade Data

High Quality India-Vietnam Export Data can help you succeed in the Global Market!

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.

Why is Global Import-Export Trade Data important for your business?

What is Global import-export?

In this world of Globalisation, there is a great scope for international trade. From food to textile or textile to machinery, each country needs import and export to stabilise their consumption and production. Not every country is self-sufficient in this ever-changing world. Every nation depends on global import-export to balance its economy. That is where the Global Import Export Trade Data comes in handy.

A Global Trade Data includes complete details of all import and export operations happening across the nations. A global Import Export Data List consists of the importer's name, exporter’s name, HS Code, product description, quantity, port details, shipment Details, etc.

An accurate Import Export Trade Data can help you in understanding the global market, avoid risk, and better decision making. A Data-Driven approach can help you find better business opportunities worldwide.

What are trade statistics?

International Trade Statistics gives you a statistical overview of all imports and exports happening across a country. You can discover what products countries are exporting, importing, or manufacturing in the international market.

Do you know, despite being the most developed country, the USA is the biggest importer in the world? USA imports around 213.1 billion computers and hardware machinery, $189.9 billion in Minerals, fuels, and oil, $176.1 billion in electrical equipment, and much more.

China is the largest exporter in the world. According to International Trade Statistics 2021, China exports around 3.36 trillion U.S. dollars price of goods (computers, telephones, machine parts, etc.) in 2021. If you know the profitable exports of a country, you can discover more business prospects.

For example, precious stones, gems, jewellery, petroleum products, Pharmaceutical products, and Homeopathy Medicines are some of the most profitable Exports of India. If you have accurate India Export trade data, you can discover better opportunity.Thus, with the help of Global Trade Data Statistics, you can find new product supply and demands across the global market.

What do you need for Global Import Export Data?

Whether you are looking to purchase raw materials for product manufacturing or find potential buyers for your product, you need Global Import Export Data to make better decisions and avoid financial risk.

Global Import Export Trade Data not only saves your time and money but also creates new business opportunities. It gives you a statistical idea of the Global market that will help you plan a better strategy and stay ahead of your competitors.

A Right Data-Driven approach can take your business to new heights.

What are the benefits of Global Import Export Trade Data?

A Genuine Global Trade Data can separate you apart from your competitors. It can be a game changing factor for your Business. Some of the benefits of Import Export Trade Data are listed below:

It helps in identifying vulnerable factors and reduces the financial risk involved.
It gives you in-depth insights into the global market.
Well research Market data can help you build a better strategy.
It helps in monitoring your competitor's trading activities.
It keeps you updated with the product pricing and latest trends in international trade.
Also, you can uncover new global import and exports markets.
Data-Driven Approach can generate more sales and leads for your business.

Why Choose Global Import Data from Exim Trade Data?

Exim Trade Data serves 100% genuine Global Importers exporters data to its customers. After undertaking prolonged research, and analyzing the latest international trade trends, we have created a global import export database of 60+ countries.

Being the best market research firm, we provide Global import Data that delivers. With our global import export database 2021, you can expand your knowledge of the international market.

Our comprehensive guide will help you find the potential list of suppliers, utilize your resources properly, minimize risks and maximize your profit. You can find a sample Global import trade data on our website for better understanding.

Why Choose Global Export Data from Exim Trade Data?

Exim Trade Data is a renowned global import export data provider company across the globe. Get genuine global import export data online from more than 60 countries. With the help of our global export data, you can analyze product trends, find better pricing of goods, and monitor your competitors.

You can expand your business to the global market with potential buyers lists. This will help you to find the product in demand and increase your production. A data-driven approach can do wonders for your business in the international market.

As a reliable global import export trade data service provider, we always thrive to help you understand the global market’s demand for a successful overseas trade.

Get 100% verified, well-refined world import export data from Exim Trade to mitigate risk and find better opportunities. We deliver impactful data for every field such as Automotive, Agriculture, Insurance, Healthcare, Finance, Education, Retail, Construction or Chemical sectors. After analyzing our trade data, you can plan, organize, and implement a successful strategy to align your business with global trade. Feel free to call us at +91-9625812393 or email us at Info@eximtradedata.com for any inquiry regarding international import export data.

In 2022, India's Oil Demand Is Expected To Increase By 8%

As the economy recovers from the pandemic's damage, India's oil demand is expected to rise 8.2 percent to 5.15 million barrels per day in 2022.

In its most recent monthly oil market report, the Organization of Petroleum Exporting Countries (OPEC) predicted that the world's third-largest energy consumer will increase crude oil consumption by 0.39 million barrels per day (BPD) in 2022.

India's oil demand increased by 5.61 percent from 4.51 million barrels per day in 2020 to 4.76 million BPD in 2021. However, this was still lower than pre-pandemic levels.

Oil demand was 4.98 million barrels per day in 2018, rising to 4.99 million barrels per day the next year before the epidemic.

According to the OPEC report and India import-export statistics, oil consumption is likely to revive with expected robust economic growth of 7.2 percent in 2022 and expected swift containment of Omicron in the near future. As India's average driving activity grew, mobility continued to improve.

Find out more about Global Trade Data here and to get access to our HS Code directory, click here

Oil consumption has risen this year after govt removed Covid-19 restrictions

According to India customs export statistics, gasoline (petrol) and diesel are predicted to be particularly favored by the expected growth in GDP and the already improving mobility, hence propelling activity.

Similarly, the industrial sector will support diesel, LPG, and naphtha demand, in keeping with a prediction for a strong economy in 2022.

Because of travel issues, particularly business-related travel, demand for jet kerosene is likely to be slower in 2022, according to the report.

Nonetheless, in 2022, India is expected to expand by 0.4 million BPD year on year. OPEC's forecast for gasoline demand increase is in line with government projections.

India's gasoline demand is expected to rise 5.5 percent in the fiscal year beginning April 1, according to the petroleum ministry's Petroleum Planning and Analysis Cell (PPAC).

From 203.2 million tonnes of planned sales in the current fiscal year ending March 2022, fuel consumption is expected to climb to 214.5 million tonnes (4. 3 million BPD) in 2022-23.

The OPEC prediction is for crude oil demand, but the PPAC forecast is for fuel consumption.

Refineries turn crude oil into fuels like gasoline and diesel, although not all of the petroleum products produced are used in the country.

Because a large number of petroleum products are exported, there is a discrepancy between crude oil and fuel demand estimates.

India's crude imports averaged 4.5 million barrels per day in January, down almost 3% from the previous month's high level.

Based on India's import trade statistics, February data is projected to show greater crude imports as the economy gets traction, demand increases, and refiners raise runs.

85 percent of India's oil demands are met by imports. Iraq continues to lead oil imports by source, with a share of 27 percent, according to the most recent figures for December.

Saudi Arabia came in second with over 17%, followed by the UAE with roughly 13%, with the latter witnessing a significant increase in volumes. According to the global trade statistics and market analysis reports, the US also had significant growth, reaching the fourth position with 9%.

You may also be interested in the import-export trade data of some other top global countries: