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Vietnam Import Data

Export Data

Vietnam Import Data

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 import sector, Vietnam has emerged as a significant importer and trade partner.

The nation has a total population of 100.3 million. According to Vietnam Import Data, its total GDP is USD 465 BILLION. If we see the imported products' worth, which is around USD 449 billion, it hold the global import share of 2.0%. With this, it holds the global import rank at 20th position. Electronics components and integrated circuits are its topmost import commodity.

20th

Being in 20th position in the context of import rank, it has seen a significant rise in terms of the country’s total imports.

2.0%

Seeing the global level import share percent of 2.0%, it echoed that Vietnam is a vital trade centre.

China

China and Vietnam have a long-term, strategic, and fruitful trade partnership. Based on Vietnam customs data.

Electronics Components and Integrated Circuits

Electronics and Integrated Circuits has remain its topmost import product category for a while.

Top 10 Import Products of Vietnam

Vietnam deals in vital commodity categories that are essential for the country’s high economic revenue generation. Based on Vietnam Customs Data, here are the top 10 import products with their respective HS Codes (Harmonized System Codes).

Electrical Machinery and Equipment (HS code 85): 34.79% ($156.0 billion)
Machinery including computers (HS code 84): 18.6% ($83.5 billion)
Plastics and plastic articles (HS code 39): 5.3% ($23.8 billion)
Iron and steel (HS code 72): 4.9% ($22.0 billion)
Mineral fuels and petroleum (HS code 27): 4.7% ($21.1 billion)
Optical, medical instruments (HS code 90): 3.5% ($15.7 billion)
Textile fabrics (HS code 54): 2.8% ($12.6 billion)
Vehicles and auto parts (HS code 87): 2.6% ($11.7 billion)
Organic chemicals (HS code 29): 2.4% ($10.8 billion)
Aluminum and aluminum products (HS code 76): 2.1% ($9.4 billion)

Top 10 Import Trading Partners of Vietnam

As per Vietnam Customs Data, with more than 32% of all imports, China is Vietnam's main import partner, followed by South Korea and Japan. Other significant suppliers of electronics, machinery, and raw materials are Taiwan, the United States, Thailand, and Singapore.

China – 32.5% share – USD 114.06 billion
South Korea – 15.2% share – USD 53.64 billion
Japan – 7.8% share – USD 27.49 billion
Taiwan – 6.1% share – USD 21.50 billion
USA – 5.5% share – USD 19.39 billion
Thailand – 4.9% share – USD 17.27 billion
Singapore – 4.1% share – USD 14.46 billion
Germany – 2.8% share – USD 9.87 billion
Malaysia – 2.4% share – USD 8.46 billion
India – 2.0% share – USD 7.05 billion

What Details Contain In Vietnam Import Data?

Import Globals offers effective trade data packages, which are inclusive of all shipment trade records that are covered via LAND+SEA+AIR. From head to toe, our trade data insights cover all the prerequisites for a business to strategise, plan, and grow. Our trade data capsules are beneficial for financial analysts, business operations, business analysts, researchers, NGOs, trade unions, traders, manufacturers, suppliers, buyers, enterprises of all sizes, big corporates, startups, etc. It also provides raw, fresh, and updated information. Vietnam Import Customs Data is in synchronization with current trade patterns, market values, forecasts, predictions, geopolitical aspects, pricing, current market values, and risk factors. Here are a few essentials that are provided with our trade packages. The Vietnam Importers Data contains all required fields:

Importer Name
Importer Address
Exporter Name
Exporter Address
Shipping Bill Number
Shipping Bill Date
Declaration Number
HS Code
Product Description
FOB Value
CIF Value
Manufacturing Country
Destination Country
Net Weight
Gross Weight
Quantity
Unit
Currency & Incoterms
Mode of Transportation
Port of Loading
Port of Unloading
Email
Contact

Benefits of Vietnam Import data in your business

Strategise diligently with global trade data and key essential details for your business.
Predict risks and potential harms in trade deals beforehand. This will lead to secure business proceedings.
Study current trade patterns and new market discoveries. This contains current market trends, new commodities, and relevant high business growth acclerators.
Analyse revenue growth and maximize profitability.
Expand your business and connect with multinational businesses and trade partners. This will help accelerate your buisness growth and return high revenue.

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Frequently Asked Questions

It holds the 20th position in global imports.

Vietnam does import trade of products worth USD 449 billion.

Electronics parts and ICs are the top import product of Vietnam.

China has been an effective economic partner for so long.

Some of the essential elements of trade data are the importer's name and address, weight, quantity, shipping bill, and address, manufacturing country, port of loading and unloading, and many more.

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