Vietnam Import Data

Vietnam Import Data

According to the Vietnam Import Data, Vietnam has been experiencing remarkable growth in its economy and import-export trade sector in the recent years. Vietnam is currently ranked as the 22nd largest importing country in the world. In 2021, the total import value was recorded $313 billion, which has been increased further in 2022. Vietnam noteworthy economic growth is a attribute of various factors such as Vietnam's rapid industrialization and increasing in the demand of consumer goods.

Vietnam’s impressive growth in imports had a positive impact on its Gross Domestic Product. In the past few years it is continuously been above 6% and in the year of 2022 it has been increased and reached around 7% in 2022.  The notable growth in the economy of Vietnam is a result of government policies, foreign investments, increasing domestic consumption and a large workforce which enables economic growth through increasing productivity.

Vietnam Top importing products of 2022 includes high import for machinery and equipment which used in various industries – manufacturing and technology. Apart from machinery other significant goods imported by Vietnam are electronics, electrical equipment, mineral fuels and oils, iron and steel products, plastics, organic chemicals, medical equipment, vehicles and spare parts. Interestingly, the demand for luxury goods, cosmetics, and fashion accessories has been raised in Vietnam in the recent years.

China remains Vietnam's largest trading partner by importing almost a one-third of total import all alone. Other major trading partners include South Korea, Japan, Thailand, and Singapore.

Vietnam Import Customs Trade Data Shows Top 10 Importing Products In 2022 – Analysis By Chapter

  • 34% (122 billion US dollar) HS CODE: 85 - Parts and accessories of electrical machinery and equipment; sound recorders and reproducers, television image and sound recorders and reproducers; and sound recorders and reproducers
  • 7.49% (26 billion US dollar) HS CODE: 27 - Fuels and oils derived from minerals; bituminous substances; mineral waxes
  • 7.14% (25 billion US dollar) HS CODE: 84 - Parts of nuclear reactors, boilers, machinery, and mechanical appliances
  • 5.8% (20 billion US dollar) HS CODE: 39 - Articles made from plastics
  • 3.99% (14.3 billion US dollar) HS CODE: 72 –Steel and Iron
  • 2.26% (8.13 billion US dollar) HS CODE: 87 - Parts and accessories of vehicles other than railway or tramway rolling stock
  • 2.09% (7.51 billion US dollar) HS CODE: 90 - Instruments and apparatus for the optical, photographic, cinematographic, measuring, checking, precision, medical, or surgical fields; their parts and accessories
  • 1.77% (6.37 billion US dollar) HS CODE: 99 - Unspecified commodities
  • 1.74% (6.27 billion US dollar) HS CODE: 60 - Fabrics made from knitted or crocheted yarn
  • 1.64% (5.9 billion US dollar) HS CODE: 29 - Chemicals that are organic

Vietnam Import Global Trade Data Shows Top 10
Trading Partners
of Vietnam

  • China dominates a share of 32% (117 billion US$)
  • Korea dominates a share of 17.2% (62 billion US$)
  • Japan dominates a share of 6.49% (23 billion US$)
  • Other Asia, nesdominates a share of 6.3% (22 billion US$)
  • USA dominates a share of 4.03% (14.4 billion US$)
  • Thailand dominates a share of 3.92% (14 billion US$)
  • Australia dominates a share of 2.81% (10.1 billion US$)
  • Indonesia dominates a share of 2.68% (9.61 billion US$)
  • Malaysia dominates a share of 2.53% (9.09 billion US$)
  • India dominates a share of 1.96% (7.05 billion US$)

Vietnam Import Data Sample

HOW IMPORT GLOBALS VIETNAM IMPORT DATA CAN HELP TO EXPAND YOUR BUSINESS AT GLOBAL SCALE

 

Vietnam Import Statistics provided by Import Globals provides the most reliable source of information that enables business growth in the Vietnam market. This data is collected from the authenticated and primary sources such as custom shipping bills, bill of entries, bill of lading, government agency that ensures its accuracy and integrity.


Vietnam data includes all essential information such as Importers/Exporters company name with addresses, importer code, exporter code, product description, HS Code, quantity, value, net weight, country of origin, port of origin, destination port in Vietnam, and other relevant details. These bills are required for all imports entering the Vietnamese market and serve as a crucial record for tracking trade movements.

Vietnam Import Custom Data is resourceful information who are looking to expand business globally. With the help of this data, you can reduce the time of manual research for potential buyers, suppliers and particular market of your product. By using Vietnam Import Statistics, you can directly reach to potential clients and market of your product. It reduced not only time in researching but also save the intermediary costs. It is crucial for all business to make a strategic decision wisely by using this data you can stay ahead with market trends and competition that ultimately leads to success in the global market.

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