Top 10
- Electrical machinery, equipment: US$153.5 billion (44.1% of total exports)
- Machinery including computers: $23.9 billion (6.9%)
- Footwear: $23.8 billion (6.8%)
- Clothing, accessories (not knit or crochet): $15.5 billion (4.5%)
- Furniture, bedding, lighting, signs, prefab buildings: $15.5 billion (4.4%)
Contents
What is Vietnam’s major 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 are the major imports and exports of Vietnam?
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 products are exported from Vietnam?
Vietnam Top Export Goods
| Sl. No. | Export Product | Value (USD) |
|---|---|---|
| 1 | Electrical machinery | 96 billion |
| 2 | Footwear, gaiters | 18.9 billion |
| 3 | clothing accessories, not knitted, and crocheted | 15.1 billion |
| 4 | clothing accessories, not knitted, and crocheted | 14.8 billion |
What is the main trade of Vietnam?
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 is Vietnam’s biggest industry?
Leading the list of top industries in Vietnam is obviously information technology industry, which is followed by manufacturing, tourism, logistics, construction and agriculture.
What products is Vietnam famous for?
Vietnam is a country on the rise, and here are its 10 largest exports.
- Electrical equipment.
- Footwear.
- Electronics.
- Clothing.
- Coffee.
- Fish.
- Crude petroleum.
- Leather.
Who does Vietnam trade with the most?
China
China is Vietnam’s leading trading partner with a total import and export value of US$106.7 billion, making up 22.2% the country’s total imports and exports. Nine ASEAN member states with US$56.3 billion (making up 11.7%) and the European Union with US$55.8 billion (accounting for 11.6 %).
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 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 main source of income in Vietnam?
Leading Industries Of Vietnam
The economy of Vietnam is mainly reliant on foreign direct investments in order to promote growth. The largest industries here are services which make up 49.75% of the GDP, industry which makes up 33.25%, and agriculture which makes up 17% of GDP.
Does Vietnam export or import more?
Exports in 2019 rose 8.4% to $264.189 billion, while imports rose 6.8% to $253.071 billion, the Customs Department said in a statement. Key imports were electronics and machinery, the department said.
Does Vietnam export more than imports?
Overall Exports and Imports for Vietnam 2019
The total value of exports (FOB) is US$ 264,610 million. The total value of imports (CIF) is US$ 253,442 million.
What are the main jobs 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 the most expensive thing in Vietnam?
7 Of Vietnam’s Most Expensive Traditional Dishes
- Đông Tảo Chicken. Famous for its tasty meat and giant legs, Đông Tảo chicken can reach up to VND1 million per kilogram.
- 9-Spur Chicken. The 9-spur chicken is famous for its appearance in the legend of Sơn Tinh-Thủy Tinh.
- Anh Vũ Fish.
- Chìa Vôi Fish.
- Sá Sùng.
- Ngán.
- Sâm Cầm.
What is Vietnam famous for manufacturing?
The top manufacturing sectors—food processing, cigarettes and tobacco, textiles, chemicals, and electrical goods—experienced rapid growth. Almost a third of manufacturing and retail activity is concentrated in Ho Chi Minh City.
Is Gucci made in Vietnam?
Yes, almost every Gucci item is manufactured in Italy, except the watches (Swiss-made), some perfumes (made in France), some footwear (some made in Spain), and jackets (some made in Vietnam). According to the Kering Group, 95% of the Gucci manufacturers are based in Italy.
What are Vietnam Major imports?
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).
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.
Where does Vietnam import food from?
In 2019, the top partner countries from which Vietnam Imports Food Products include Argentina, United States, China, Thailand and Singapore.
Why is Vietnam still poor?
The poor often lack production means and cultivated land. They have limited access to the state credit and often access through back credit with very high interest. The households often have many children but few laborers. The poor are disproportionately likely to be from an ethnic minority.
