- Electronics and Media. Electronics & media is currently the most popular product category with a total imported value of USD 685 million in 2019.
- Fashion. Fashion products such as clothes are also in high demand in Vietnam.
- Furniture and Appliances.
- Food and Personal Care.
- Toys, Hobby, and DIY.
- Lazada.
- Shopee.
- Tiki.
Contents
What does Vietnam import the most?
Top 10
- Electrical machinery, equipment: US$96 billion (34.3% of total imports)
- Machinery including computers: $26.9 billion (9.6%)
- Plastics, plastic articles: $15.2 billion (5.4%)
- Optical, technical, medical apparatus: $10 billion (3.6%)
- Iron, steel: $9.8 billion (3.5%)
- Mineral fuels including oil: $8.8 billion (3.1%)
What are the top 5 items that Vietnam export?
Exports The top exports of Vietnam are Broadcasting Equipment ($42.3B), Telephones ($18.2B), Integrated Circuits ($15.5B), Textile Footwear ($10.6B), and Leather Footwear ($6.43B), exporting mostly to United States ($63.7B), China ($40.3B), Japan ($21.2B), South Korea ($20.3B), and Germany ($8.22B).
What are the top 3 imports of Vietnam?
Vietnam main imports are computers, electrical products and parts (18 percent of total imports) and machine, instruments and accessories (16 percent). Others include: telephones, mobile phones and parts thereof (8 percent); textile fabrics (5 percent) and iron and steel (4 percent).
What are important products in Vietnam?
Machinery, petroleum products, iron, steel, garments, and leather account for the bulk of Vietnam’s imports. Most of these products fuel the country’s expanding industrial sector.
What is the main industry in Vietnam?
Major Industries in Vietnam: food processing, garments, textiles, shoes, machine-building; mining, coal, steel; cement, chemical fertilizer, glass, tires, oil, mobile phones Industrial production growth rate: 4 percent (2012 est.), country comparison to the world: 76.
Which brands produce in Vietnam?
Vietnam has several major electronic companies with major manufacturing in the country, such as Samsung, LG, HP, Canon, Foxconn, and many more that have significant operations in the country.
What can I import from Vietnam?
Top 10 Imports From Vietnam
- Electric Machinery and Equipment.
- Knit and Crochet Apparel and Accessories.
- Footwear.
- Furniture.
- Woven Apparel and Accessories.
- Industrial Machinery.
- Edible Fruit and Nuts.
- Articles of Leather.
Who is Vietnam biggest trading partner?
China
Vietnam top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| United States | 61,404 | 23.21 |
| China | 41,434 | 15.66 |
| Japan | 20,427 | 7.72 |
| Korea, Rep. | 19,729 | 7.46 |
What is Vietnam’s biggest export?
Vietnam main exports are: telephones, mobile phones and parts thereof (21 percent of total shipments) and textiles (12 percent). Others include: computers and electrical products (12 percent); shoes and footwear (7 percent) and machinery, instruments and accessories (6 percent).
What is the best product in Vietnam?
Read on for our guide on the best things to buy in Vietnam.
- Traditional Ao Dai Costume.
- Silk.
- Vietnamese Coffee.
- Pearl Jewellery.
- Conical Hat.
- Lacquerware.
- Hand Embroidery.
- Propaganda Posters.
What products does Vietnam export?
Vietnam is a leading exporter of rice, coffee, rubber, pepper and cashews. In more recent years, aquaculture and fruit production have also increased and become more export-oriented. Coffee production is expected to increase 8.3 per cent from 2017 to 2021, sugar production 23 per cent and milk production 62.4 per cent.
What food does Vietnam export?
Vietnam is a major producer and exporter of rice, coffee, fishery products, and processed cashew products. In 2019, Vietnam’s agricultural exports of the top ten agricultural products reached $35.9 billion, equivalent to 13.6 percent of total exports (Vietnam General Statistics Office- GSO).
What is the biggest industry in Vietnam?
Leading the list of top industries in Vietnam is obviously information technology industry, which is followed by manufacturing, tourism, logistics, construction and agriculture.
What is the most common job in Vietnam?
In 2020, almost 17.73 million people worked in the agriculture, forestry, and fishing sector in Vietnam, making this sector the largest employer among all industries. By comparison, the manufacturing industry employed approximately 11.3 million people, the second-highest number of employed population that year.
What is Vietnam rich?
In addition to huge potential energy sources like oil, natural gas, coal and hydropower, Vietnam is rich in other mineral sources, such as iron ore, copper, gold and building materials. Moreover, sea sources and agricultural potential also enrich Vietnam’s natural resources.
What is the best business in Vietnam?
Vietnam is fast becoming a chosen business destination for investors around the world. The best investment areas in the country include clothing and garments, Real estate development, hospitality and healthcare, import and export, and agriculture.
Is Vietnam poorer than India?
The basic facts about Vietnam I knew well before my journey: that it has a per capita income of $370 per annum (significantly less than India’s $450); that its economy is controlled by a communist Government; that it fought a devastating war with the world’s most powerful nation from 1964 to 1975.
Is Vietnam richer than Philippines?
Philippines has a GDP per capita of $8,400 as of 2017, while in Vietnam, the GDP per capita is $6,900 as of 2017.
Which products are cheap in Vietnam?
What’s Cheaper To Buy in Vietnam?
- Electronics. Simple electronics – things like electric razors and curling irons – are much cheaper in Vietnam.
- Silk. Vietnam produces a lot of quality silk, and even if you’re unsure of what you want to make, you can buy a roll to bring home with you.
- Jewelry.
What industries are growing in Vietnam?
Vietnam has emerged as a major electronics exporter, with electrical and electronic goods overtaking textiles, coffee, and rice to become the top export item. This has been attributed to increased imports from several Asian countries including, Japan, South Korea, and China.
