#Vietnam Export Data

[seairexim]

Vietnam’s thriving export sector cements its global trade role. Businesses use Vietnam trade data in 2024-2025 to analyze trends, optimize supply chains, and seize opportunities.

[seaireximsolution-blog]

Vietnam's Dynamic Trade Landscape: An In-Depth Analysis

Vietnam has emerged as a significant player in the global trade arena, thanks to its robust export and import activities. With a rapidly growing economy and strategic location in Southeast Asia, the country has become a key hub for international trade. In this article, we will explore Vietnam's trade landscape, delving into Vietnam export data, Vietnam import data, and Vietnam customs data to provide a comprehensive overview of the country's trade dynamics.

Vietnam's Economic Growth and Trade Evolution

Vietnam's economic transformation in recent decades has been truly extraordinary. From an agrarian economy, it has evolved into a manufacturing powerhouse, attracting substantial foreign investment. This shift has been instrumental in boosting Vietnam's trade volumes, making it one of the fastest-growing economies in the region.

Vietnam Export Data: Key Insights

Vietnam export data reveals a significant increase in the country’s export volumes over the years. In the last fiscal year, Vietnam's exports reached approximately USD 280 billion, showcasing the country's strong presence in the global market. The main export commodities include electronics, textiles, footwear, machinery, and agricultural products.

Electronics: The export of electronics, particularly smartphones and components, has been a major driver of Vietnam's export growth. Companies like Samsung have established large manufacturing bases in Vietnam, contributing significantly to export revenues.

Textiles and Footwear: Vietnam is one of the world's leading exporters of textiles and footwear, supplying major brands in the US, Europe, and other markets.

Agricultural Products: Vietnam is a top exporter of agricultural commodities such as rice, coffee, cashew nuts, and seafood. These products are highly esteemed in international markets for their exceptional quality.

Machinery and Equipment: The export of machinery and equipment, including electrical machinery, has also seen a substantial rise, reflecting Vietnam's growing industrial capabilities.

Vietnam Import Data: An Overview

Vietnam import data indicates that the country imports a wide range of goods to support its manufacturing and consumption needs. The total import value for the last fiscal year was around USD 260 billion. Key import categories include machinery, electronics, raw materials, and consumer goods.

Machinery and Equipment: Vietnam imports a significant amount of machinery and equipment, necessary for its manufacturing sector and industrial growth.

Electronics: The country imports electronic components, which are essential for its thriving electronics manufacturing industry.

Raw Materials: To support its textile and footwear industries, Vietnam imports large quantities of raw materials such as cotton, yarn, and fabric.

Consumer Goods: With a growing middle class, the demand for consumer goods, including automobiles, pharmaceuticals, and luxury items, has increased, leading to higher import volumes.

Vietnam Export Import Data: Balancing Trade

Vietnam export import data reveals a well-balanced trade scenario, with a slight trade surplus in recent years. This balance is crucial for maintaining economic stability and fostering sustained growth. The government's proactive trade policies and agree Vietnam trade data

Vietnam Trade Data: Regional and Global Partners

Vietnam trade data shows that the country has diversified its trade partners across various regions. Major trading partners include the United States, China, Japan, South Korea, and the European Union.

United States: The US is one of Vietnam's largest export destinations, particularly for textiles, footwear, and electronics.

China: Vietnam has a complex trade relationship with China, importing raw materials and components while exporting finished goods.

Japan and South Korea: These countries are significant investors in Vietnam, contributing to the growth of the electronics and automotive sectors.

European Union: The EU is a major market for Vietnamese agricultural products, textiles, and electronics.

Vietnam Customs Data: Ensuring Compliance and Efficiency

Vietnam customs data is crucial for understanding the country’s trade regulations and compliance requirements. The Vietnamese government has implemented various measures to streamline customs procedures, enhance transparency, and reduce trade barriers. These efforts have been instrumental in attracting foreign investment and boosting trade volumes.

Import Data Vietnam: Detailed Analysis by HS Code

Analyzing import data Vietnam by HS code provides a detailed understanding of the types of goods entering the country. The Harmonized System (HS) code is a standardized numerical method of classifying traded products. This system helps in identifying trends, managing tariffs, and implementing trade policies effectively.

HS Code 85 (Electrical machinery and equipment): This category includes items like smartphones, electronic circuits, and other electrical components, which are vital for Vietnam’s electronics manufacturing sector.

HS Code 84 (Machinery and mechanical appliances): This includes industrial machinery and parts, essential for Vietnam’s manufacturing and construction industries.

HS Code 52 (Cotton): Raw cotton and yarn imports support Vietnam’s extensive textile industry.

HS Code 87 (Vehicles other than railway): Includes automobiles and parts, catering to the rising demand for personal and commercial vehicles.

Key Trade Agreements and Policies

Vietnam has entered into numerous trade agreements that have significantly boosted its export and import activities. Key agreements include:

CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership): This agreement has opened up new markets for Vietnamese products, particularly in the Asia-Pacific region.

EVFTA (EU-Vietnam Free Trade Agreement): This agreement has reduced tariffs and non-tariff barriers, enhancing trade between Vietnam and the European Union.

ASEAN Trade in Goods Agreement (ATIGA): As a member of ASEAN, Vietnam benefits from reduced tariffs and improved trade facilitation within Southeast Asia.

Challenges and Opportunities in Vietnam’s Trade

While Vietnam’s trade landscape is thriving, it faces several challenges. These include:

Infrastructure Development: Continued investment in infrastructure is essential to support growing trade volumes.

Regulatory Compliance: Ensuring compliance with international standards and regulations is crucial for maintaining market access.

Global Competition: Vietnam must navigate competitive pressures from other emerging markets.

However, the country also has numerous opportunities:

Diversification of Export Markets: Expanding into new markets can reduce dependency on traditional trading partners.

Innovation in Manufacturing: Investing in technology and innovation can enhance the competitiveness of Vietnamese products.

Sustainable Practices: Adopting sustainable and environmentally friendly practices can attract eco-conscious consumers and investors.

The Future of Vietnam’s Trade Landscape

The future of Vietnam’s trade landscape looks promising, with continued growth expected in both exports and imports. The government’s focus on improving trade infrastructure, enhancing regulatory frameworks, and fostering international trade relationships will play a crucial role in shaping this future.

Conclusion

Vietnam’s trade landscape is dynamic and evolving, characterized by robust export and import activities. The comprehensive Vietnam export data and Vietnam import data underscore the country’s significant role in global trade. By leveraging its strategic location, diverse product offerings, and proactive trade policies, Vietnam is well-positioned to continue its upward trajectory in the international trade arena. The detailed Vietnam customs data and import data by HS code provide valuable insights for businesses and policymakers, helping them navigate the complexities of global trade. As Vietnam continues to grow and develop, its trade dynamics will undoubtedly play a key role in its economic success.

[exportimportdata3]

Discover Vietnam's top imports and exports in 2024. Explore the latest trade data, key products, and major economic trends driving Vietnam's growth. Get accurate Vietnam customs data and insights into the country's role in global trade.

[anamseair]

https://www.seair.co.in/blog/top-10-vietnam-imports-and-exports-products.aspx

Explore Vietnam's top imports and exports with the latest data for 2024. Discover the country's economic growth, key trade products, and major trading partners. Get accurate Vietnam export import data, Vietnam customs data, export-import statistics, and insights into the booming trade landscape. Learn how Vietnam, a neighboring country of China, is shaping global markets with its diverse agricultural and industrial exports.

[tradedata]

Exploring Vietnam's Import-Export Trends

Vietnam is a rapidly-growing economy in the Southeast Asia region, which is reflective in its overall exports and imports for 2021. According to recent data, the total value of exports (FOB) for Vietnam was estimated to be US$ 335,793 million with 3,740 products exported to 97 countries. The corresponding figure for imports (CIF) was US$ 330,752 million with 4,327 products imported from 97 countries.

Vietnam’s robust import and export trade is indicative of its steadfast effort to improve relationships with foreign trade partners and become a major trading hub in the region. This strategy has worked well as Vietnamese exports such as textiles, apparel and footwear have been able to penetrate markets on a global scale due to their competitive prices. On the other hand, inexpensive raw materials such as fuel, machinery parts and chemicals are now imported from other countries allowing Vietnam’s manufacturing sector to remain cost effective. With these figures expected to grow even further in 2021 thanks to innovations such as e-commerce platforms that help facilitate intercontinental trade more easily than ever before; one can only expect Vietnam’s economy to continue experiencing growth in the area of international commerce.

Vietnam top Export and Import partners

Vietnam has become an increasingly important global economic player in recent years. As part of this trend, the country’s top export and import partners have shifted over time. In 2021, the top five countries to which Vietnam exports account for 80.86 percent of its total exports. The United States is by far the largest export partner, with a share of 28.69 percent. This indicates the strong trade relationship between these two nations and just how important Vietnam’s business ties are to U.S.-based firms. China comes in second place at 16.65 percent, followed by Korea (6.53%), Japan (5.99%), and Thailand (4.50%).

Moving on to imports, the five largest countries that Vietnam buys from account for 54 percent of its total imports as of 2021. Here we can see that China is again number one at 28%, significantly higher than any other nation trading with Vietnam in terms of imports. Following on from there are South Korea (14% share), Japan (6%), Singapore (3%) and Thailand (2%). Together these five countries make up a large majority of incoming goods into this rapidly developing country and are integral in helping meet its internal demand for resources it does.

Vietnam top import

Vietnam has seen a significant increase in imports in 2021, with a total import value of $142 billion at the end of August. Electronic integrated circuits and microassemblies led the charge with 14.4%, totaling around $47 billion, while electrical apparatus for line telephony or line telegraphy came in second at 7.32%, amounting to around $24 billion. Transmission apparatus came next at 2.11%, totalling $6.99 billion, then was followed by printed circuits with 1.64%, amounting to $5.44 billion, and Petroleum oils and oils from bituminous minerals coming last at 1.52%, with a total of $5.03billion imported this year so far.

Vietnam top export

Vietnam’s economy is largely driven by its export activities. In 2021, there is a wide variety of goods being exported from Vietnam to many countries around the world. The top five exports in terms of revenue are electrical apparatus for line telephony or line telegraphy making up 21% of export revenue ($72 billion), followed by electronic integrated circuits and microassemblies at 4.31% ($14.4 billion), 6404 - footwear with outer soles of rubber, plastics, leather or composition leather and uppers of textile materials at 2.71% ($9.11 billion), 9403 - other furniture and parts thereof at 2.26% ($7.59 billion) and 8473 - parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.69 to 84.72 at 1.99%.

Conclusion

Vietnam's import-export landscape paints a dynamic picture of a nation deeply entrenched in global trade. The data reflects Vietnam's economic resilience, adaptability, and strategic positioning in international markets. As the country continues to evolve, the import-export insights serve as a roadmap for sustained growth, diversification, and success on the global economic stage.

[tradeimex1]

Vietnam export data

Vietnam export data is a collection of information about the goods and services that Vietnam sells to other countries. It is based on the records of the customs authorities of Vietnam, who monitor the movement of goods across the border. Vietnam export data can also provide insights into the products, prices, quantities, values, destinations, and exporters of Vietnam’s exports.

[tradeimexx]

In this blog, we will explore the factors driving Vietnam’s manufacturing boom, its impact on exports, and how businesses can leverage Vietnam export data to understand trade trends and opportunities.

[vietnamtradedata]

Vietnam trade data | Vietnam import export data provider

Get the latest Vietnam trade data statistics. Find customized reports of Vietnam imports and exports shipments based on our Vietnam import export data. Contact Us: +9625812393 | Email: info@vietnamtradedata.com

[exportimport12]

Get to the heart of Vietnam's business landscape with Eximpedia, your leading destination for reliable Vietnam export import data. Access the latest insights, trends, and market information to gain a competitive edge. Advance your business strategy with Eximpedia's comprehensive resources on Vietnam's export-import activities.

[seairexim]

Detailed Vietnam Export Data for Business Analysis

Explore comprehensive Vietnam export data to understand key trade trends, top exports, and market insights. Use this information to optimize your business strategies and decisions.

For More Info Visit: https://www.seair.co.in/global-trade-data/vietnam-export-data.aspx

[centrally-unplanned]

How do they define which country a thing got made in for tariff purposes? Can you distribute to the US via a 10% country? If not, how much value-add has to be done before it is a new thing? And who audits that (considering that exporter govt's may wish to turn a blind eye to noncompliance)?

Oh this is why Trade Lawyers get paid the big bucks, the level of "It Depends" is very extreme here. Typically this the kind of stuff trade agreements define, very heavily, with a lot of text and addendums - for each good it is gonna have its own rules in practice. A normal approach is something like a value-added threshold, where you have to increase the cost-of-production by X% in a country for it to count as being made in that country.

Bypassing tarrifs via shipping it to a middleman country is a tactic as old as trade, and a constant source of political discourse. We have had a decade+ of people arguing a lot of production in Vietnam & Mexico is just China using middlemen, though I found the typical case there to be weak.

Everyone is involved in this - typically the tariff-imposer has the "fundamental" obligation to make that determination, but as part of that they compel companies to provide data on trade flows and product costs, and the other involved nations will have trade agreement obligations to facilitate the accurate collection of that data, police their borders for illicit imports, etc.

[mariacallous]

If there's one word on your mind this week, it's probably tariffs. Last week, President Trump announced sweeping tariffs on foreign goods imported into the US, setting the stage for a global trade war and stoking fears of a recession. A blanket 10 percent tariff on all imports kicked off on Saturday, April 5, with additional reciprocal tariffs on 60 countries to take effect by April 9.

It's a wildly dynamic situation that's changing by the day, but you might wonder how this affects you. The first thing to know is that tariffs are paid by the company importing a product into the country. In short, that fee affects their bottom line, so companies often pass those costs on to consumers by increasing the price of the goods.

Here's an example from Jason Miller, a professor of supply chain management at Michigan State University: Let’s say a laptop costs $400 at import in the US. A retailer would then add an average gross margin rate of 30 percent—how much revenue the retailer retains after deducting the cost to produce or acquire the item—and that laptop will now cost $571. That's the price you'll pay at a big box store.

China exports a lot of laptops to the US, and as of April 9, you'll have to factor in the 104 percent tariff, according to the latest figures. Based on historical data that suggests 95 percent of the tariff is absorbed by the importer, the import price jumps by $395 to $795, and if the retailer passes those costs to you, the new total you'll pay at the store is $966. That represents 69 percent inflation, and the retailer's gross margin rate is lowered to 18 percent. Basically, you pay more, and the retailer earns less.

Every country has been affected by Trump's tariff salvo. While many product categories will likely see prices rise, electronics is a big one. "There’s not any major electronics-producing nation that’s not substantially affected by tariffs," Miller says, including Vietnam, Taiwan, Japan, and India. He believes tariffs will be negotiated for many countries, but expects the tariffs on China to stay.

That will heavily impact the prices of goods like smartphones, laptops, and video game consoles. Smartphones are the largest import from China, with laptops sitting in second. Miller says it's important for consumers to understand that while there were tariffs on some goods from China before, there were zero tariffs on electronics like smartphones and laptops as of January 2025.

His advice? If you were planning on upgrading your laptop, tablet, or smartphone soon—maybe the battery is lackluster or it's just too old—do it now. “Buy it now. Do not wait, it makes no sense to do that,” he says. You likely won't see prices rise for a few months as companies have stocked up on goods ahead of the impending trade war, but if nothing changes in the coming weeks, Miller expects to see prices soar starting in June or July.

Miller rattled off various categories outside of electronics that would also be affected, specifically from China, which is the second largest source of imports to the US behind Mexico:

Furniture

Shoes and apparel

Microwave ovens

Silverware, plates

Blinds, linens, and curtains

Toys

Solar panels

Building materials, like vinyl flooring

Cashews

Candles

Fans

Air conditioner parts

Golf clubs

Exercise equipment

Keyboards

Auto parts

Christmas ornaments and Home Decor

Toilets

Food blenders

Seafood

Outside of higher prices, Miller says consumers should expect less product variety. “What importers are going to do is they're only going to import their most profitable, best-selling items for which they know they can still make a profit under these tariff regimes.” Apple will still import its iPhones, but a smaller smartphone maker that doesn't sell many units of a specific model may skip the US market entirely. It will also negatively impact any product where there's already a lot of consumer sensitivity to price increases.

How Are Companies Reacting?

A few companies have already made tariff-related announcements on their products. Nintendo canceled the original April 9 preorder date for the Switch 2 video game console and has yet to provide a new date, though its June 5 launch window hasn't changed.

Jaguar Land Rover Automotive is pausing auto shipments to the US this month. And Framework, known for making repairable laptops, is also pausing sales on a few models of its base Framework Laptop 13. Razer seems to have paused direct sales of its laptops in the US, though the company hasn't responded to our request for comment. Fujifilm announced a new Instax 41 camera today, but says it “has not yet determined the camera's pricing for the US market.”

WIRED reached out to more than 70 companies, from electronics manufacturers to coffee companies, asking if they could share any details about potential price increases on imported products. The vast majority, like Garmin, Oura, Amazon, Logitech, OnePlus, and Steelcase, declined to comment, while others said it was too early to discuss pricing. Still, some companies responded.

Photograph: Julian Chokkattu

Popular home office furniture brand, Branch, says it has been preparing for trade policy changes for some time, finding efficiencies in its supply chain to absorb the impact of tariffs with minimal increases to pricing. The company says there's a lot of uncertainty: “Candidly, we may need to adjust some prices in the coming months, particularly for products sourced from countries where tariff rates came in significantly higher than we anticipated.” Branch says if there is a price change, it will be to protect margins rather than to expand them. It's worth noting that Branch's Ergonomic Chair, long recommended in WIRED's Best Office Chairs guide, used to be $339 but is now $359, though Branch says the price was adjusted before tariffs were announced.

Drip coffee maker Moccamaster says it may absorb “some short-term pressures at the US level," though it's too early to confirm whether prices will increase. Portland-based coffee machine maker Ratio says it's holding prices steady through April, but “tariffs this high will unequivocally compel higher retail prices—potentially much higher. We are a small business that was already struggling with increasing costs.”

Moment, which makes camera bags and photo equipment, says it will increase prices on “most items” by $5 to $10 next week, though the company says some prices will stay the same and some will go down. “Unfortunately, these tariffs make it impossible for us to continue without cheapening the quality, laying off the team, or forcing our mom-and-pop suppliers out of business,” the company says in a newsletter it sent out to subscribers.

Supernote, a company that makes digital notebooks, pointed to a statement it made on Reddit. It's implementing a price increase in the US by the end of April: “We are actively adjusting our supply chain to mitigate the long-term impact of these tariffs," the company says on Reddit. ”These adjustments take time, especially with the new tariffs hitting everything from people to penguins, which makes the situation more complicated. It's going to be a tough time."

The company behind smart bird feeders from brands like Harymor and Sehmua, says it's exploring strategies to absorb costs internally, with no price adjustments—"We are facing rising expenses that directly affect our profit margins. … We recognize the competitive nature of the market and the price sensitivity of our customers."

Meanwhile, Samsung hasn't responded to our request for comment yet, but the company told Reuters the tariffs don't affect its TVs as much since most are produced in Mexico.

We'll keep adding information from brands as we receive it. While it's too early to make a definitive statement on an ever-evolving situation, we can probably expect higher prices on almost everything if the tariff situation remains unchanged. The last thing we want is for everyone to panic buy, but if you need a new phone, a mechanical keyboard, or an air purifier, you should probably start looking now.

[allthebrazilianpolitics]

Tariff shock may hit Brazil harder than expected, new risks loom

Argentina and India, with Milei and Modi as friends of Trump, were not spared from the tariff shock

Brazil, Australia, and the United Kingdom—the largest economies with which the United States has a trade surplus—will face lighter impacts from the sweeping tariff package announced by U.S. President Donald Trump.

However, although Brazil was hit only with the minimum 10% import tax, the impact on Brazilian exports will still be significant. Trade specialist Rodrigo Pupo noted that, based on Brazil’s exports to the U.S. in 2024, which totaled $40.4 billion, American importers would now have to pay over $4 billion in import duties on Brazilian products alone.

Mr. Pupo also pointed to potential opportunities for Brazil, given that many other countries will face much higher import taxes, including Vietnam (46%), China (34%), South Africa (30%), India (26%), South Korea (25%), and the European Union (20%). This could give Brazilian exporters a competitive edge in some sectors.

Following Mr. Trump’s announcement, doubts emerged across different sectors in Brazil regarding the real size of the additional tariff. The new tariff scheme will work as follows: First, a “basic tariff”—a universal 10% tax on all imported products, regardless of origin—will take effect on April 5, affecting around $3.3 trillion in annual U.S. imports based on 2023 data.

Continue reading.

[loneberry]

The new route Russia is using to export its oil to China. Unfortunately global warming and the melting of the icecaps only benefits Russia geopolitically. What’s the big deal? you might wonder. A 10-day reduction in transport time is huge when it comes to the velocity of capital. Power accrues to the nations that control key maritime trade routes.

*

Between climate change and the new Cold War, the future doesn’t look pretty. China’s economy is imploding thanks to their reliance on a debt-fueled real estate bonanza, their misguided zero COVID policy, and Xi Jinping’s head-scratchingly bad policies (and of course, his consolidation of power). Siding with Russia was a huge mistake… Now China’s biggest export markets are trying to decouple or at least diversify away from them. Youth unemployment is so bad in China (21%, but possibly significantly higher) that the government has decided to stop publishing such data. The Philippines and Vietnam are pivoting toward the US. South Korea and Japan are putting their long, historical feud aside to join forces against China. Japanese military neutrality is over. Meanwhile a tiny island called Taiwan makes over 92% of the world’s advanced semiconductors and will likely be invaded in our lifetime. Will an (economically) weakened China make it more or less likely that Xi will invade Taiwan? (Strongmen facing a domestic crisis and loss of popular support do often start wars as a kind of “gamble for resurrection,” but Xi might have become more risk adverse as he observes Russia’s debacle in Ukraine. Plus, an amphibious invasion is logistically extremely difficult to pull off.)

Defense spending worldwide is skyrocketing, climbing back toward Cold War levels. The lines on the map are hardening, particularly in the Asian/Pacific theater and the European theater. A nuclear trifecta of Russia-China-North Korea is emerging. Yes, it is a marriage of convenience, but quite a dangerous one given that Russia will likely transfer technology (specifically, platforms to deliver nuclear warheads) to North Korea in exchange for Soviet-compatible ammunition/arms to use in Ukraine. I hate feeling like the world is a frog getting boiled but as I finish this 26-part BBC documentary on World War I, I can’t help but feel that the geopolitical situation is very unstable.

Oh, the madness of nation states! Wake me up when it’s over.