Vietnam top 5 Export and Import partners
Market | Trade (US$ Mil) | Partner share(%) |
---|---|---|
China | 41,434 | 15.66 |
Japan | 20,427 | 7.72 |
Korea, Rep. | 19,729 | 7.46 |
Hong Kong, China | 7,162 | 2.71 |
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Contents
What are Vietnam’s major exports?
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).
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 %).
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.
Which countries is the biggest export import market of Vietnam in 2019?
The most common destination for the exports of Vietnam are United States ($63.7B), China ($40.3B), Japan ($21.2B), South Korea ($20.3B), and Germany ($8.22B).
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 does US export to Vietnam?
The top export categories (2-digit HS) in 2020 were: electrical machinery ($2.1 billion), cotton ($1.2 billion), plastics ($544 million), food waste, animal feed ($484 million), and machinery ($473 million).
What is Vietnam’s main import?
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 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.
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.
What is manufactured in Vietnam?
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.
When did France take over Vietnam?
French conquest of Vietnam
Date | 1 September 1858 – 9 June 1885 (26 years, 9 months, 1 week and 1 day) |
---|---|
Location | Vietnam, Cambodia, Laos, Southern China, Fujian, Taiwan |
Result | French victory Treaty of Huế Patenôtre Accords Treaty of Tientsin Vietnamese monarchy became a French vassal state Beginning of French Indochina |
What crops does Vietnam export?
Due to the trade liberalization and agricultural reforms in Vietnam, the value of exports in the agricultural sector increased manifold with the main export commodities being rice, coffee, pepper and cashew nut, but also rubber, tea, groundnut, soybean, fruit and vegetables, and pork.
Who does Vietnam Import and Export from?
Vietnam top 5 Export and Import partners
Market | Trade (US$ Mil) | Partner share(%) |
---|---|---|
China | 41,434 | 15.66 |
Japan | 20,427 | 7.72 |
Korea, Rep. | 19,729 | 7.46 |
Hong Kong, China | 7,162 | 2.71 |
What can I import from Vietnam to India?
India Imports from Vietnam | Value | Year |
---|---|---|
Machinery, nuclear reactors, boilers | $363.08M | 2020 |
Inorganic chemicals, precious metal compound, isotope | $232.06M | 2020 |
Copper | $212.70M | 2020 |
Coffee, tea, mate and spices | $196.51M | 2020 |
What language is spoken in Vietnam?
Vietnamese
Is Vietnam poorer than India?
Virtually all the Indian passengers are up and jostling to get to the door.India does not win any medals in the Olympics, but when it comes to disembarking from aeroplanes, Indians have no peer.
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.
Why is Vietnam so poor?
Factors that characterized the poor include large size of household, low education and skills, dependency on agriculture, remoteness in rural mountainous areas, lack of supporting infrastructure (UNDP 2018).
What country does us import the most from?
Year-to-Date Imports
Rank | Country | Percent of Total Imports |
---|---|---|
— | Total, All Countries | 100.0% |
— | Total, Top 15 Countries | 78.6% |
1 | China | 17.5% |
2 | Mexico | 13.7% |
What are Vietnam known for?
What is Vietnam famous for?
- 1- History is everywhere in Vietnam.
- 2 – The uniqueness of Huế and Hoi An.
- 3 – Vietnam karst bays.
- 4 – Vietnamese food.
- 5 – Vietnam traditional northern landscapes and rice terraces.
- 6 – Vietnam incredible caves.
- 7 – Vietnam beaches and sand dunes.
- 8 – Vietnam’s buzzing cities.