Vietnam is a Southeast Asian country located on the eastern tip of the Indochina Peninsula. Vietnam has borders with China in the north, Laos and Cambodia in the west, the Gulf of Thailand in the southwest, and the South China Sea in the east. Known for its hustling cities, pagodas, beaches, islands, and rivers. Hanoi is its capital. In terms of the export sector, Vietnam has emerged as a significant exporter and trade partner.
The nation has a total population of 100.3 million. According to Vietnam Export Data, its total GDP is USD 465 BILLION. If we see the exported products' worth, which is around USD 475 billion, it holds the global export share of 2.1%. With this, it holds the global export rank at 18th position. Electrical Machinery & Equipment (HS 85) is its topmost export commodity. For a very long time, the United States is Vietnam’s topmost export trade partner.
