Vietnam import export. 9 billion in 2021 and Vietnam is now the ninth .

Vietnam import export. 34 billion USD, increased by 22%; import reached 75. Vietnam Imports from China was US$117. Vietnam Exports By Country - was last updated on Thursday, November 7, 2024. DataBank. Department of Commerce utilizes its global presence and international marketing Sep 27, 2021 · Vietnam does not require a company to have a separate import or export license to engage in import and export activities in the country. 2 percent from the previous month. 65 billion USD, rose by 24. Prepared by our U. Exports as a capacity to import (constant LCU) Gross capital formation (current LCU) Gross capital formation (current US$) Download. Note: A free webinar on Vietnam’s Import & Export Landscape, hosted by Dezan Shira and Associates, will be held on July 26. We also look at registration, license permit requirements, customs procedures, and duties applied. Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import. The US was Vietnam’s largest export market in the first four months of the year with a value of US$30. Vietnam Exports By Category Value Year; Electrical, electronic equipment: $140. Sep 21, 2022 · Vietnam currently ranks second in the world in terms of coffee exports, trailing only Brazil. 1%), Latin America (2. goods exports to Vietnam in 2022 were $11. 5% was purchased from trade partners in Europe plus 4. 4 billion USD. Certain goods may also be subject to import restrictions, such as quotas, bans, or special requirements for health, safety, or environmental reasons. goods and services trade deficit with Vietnam was $114. 3 percent increase. 8 billion; imports were $128. 20 billion, an increase of 15 percent from the same period in 2023 and a decrease of 5. Apr 12, 2019 · According to Circular 34/2013/TT-BCT, there are certain goods that foreign invested enterprises may not export from, or import into, Vietnam. 8 billion from exports to China, a 5. 51B 2022 Footwear, gaiters and the like, $24. Custom Clearance : Custom Clearance Broker – Import Export License – Inspection Service 2. 1% over the same period last year, of which export turnover reached 77. Vietnam Import May 3, 2024 · Vietnam’s import and export of goods in April 2024 reached a total of US$61. 4 billion in 2013 to USD3. com Jan 30, 2024 · Vietnam plays a central role in IPEF which promises to facilitate increased trade and investment in the region for American companies. In the 1980s, the Vietnamese government, acting under Communist Party supervision, continued to regulate and control all foreign trade. As a small and open economy, Vietnam has heavily relied on exports and imports. 55B 2022 Articles of apparel, knit or crocheted Vietnam Imports from China was US$117. Vietnam Import - Export Report 2021. 7%) excluding Mexico but including the Caribbean With the help of our customs-based Vietnam trade data, you can determine factors for driving success in your import-export business. 3% of its import purchases from fellow Asian countries. From continental perspective, Vietnam bought 83. CSV XML EXCEL. 07B), and Broadcasting Equipment ($774M). Vietnam’s coffee export value will reach US$3. Vietnam Import - Export Report 2020. Logistics Companies: Identify real import and export companies from our Vietnam shipment data and increase your customers. 88 billion, increasing by 15. Merchandise Trade summary statistics data for Vietnam (VNM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2019 Oct 16, 2024 · Shortcomings in management of OTS export and import in Vietnam. Merchandise exports from Vietnam increased by 10. 88 billion USD, up by 15. Also shown is the percentage share each export category represents in terms of overall exports from Vietnam. Includes preliminary import and export data for the months of 2023. The main products that United States exported to Vietnam were Raw Cotton ($1. Commercial Service of the U. Currently, Vietnam’s legislation is inconsistent in its treatment of on-sport export and import activities across different laws and guiding documents. The rising demand for immune-boosting products, especially post-COVID-19, explains the growing interest in cinnamon and cardamom essential oils among US Jan 1, 2018 · View Murasaki Vietnam Import And Trading 's import and export shipments, products, suppliers, buyers, and competitors. 35%. The Ministry of Foreign Trade managed trade and was responsible for issuing of import and export licences and approving any departures from the formal economic plan on an ad hoc basis. Suppliers: Find the best prospects for your product from Vietnam trade data and maximize your business profits. S. May 16, 2024 · The 8 th edition of the annual publication has been published by the Ministry of Industry and Trade since 2016. The listed goods (top right table) are currently prohibited from being purchased and imported or exported from Vietnam. Vietnam Total Exports data is updated monthly, available from Jan 1997 to Sep 2024, with an averaged value of 6. Following the achievements in 2020, the first quarter of 2021 recorded a strong recovery of import and export activities. 4% compared to 2021. 4B to Vietnam. United States-Vietnam Trade: In 2022, United States exported $11. May 27, 2019 · Preliminary data tables of months in 2023 about Exports of goods, Imports of goods, Imports and exports by country group, country and territory, Exports by some main country groups, countries, territories and by main goods, Imports by some main country groups, countries, territories and by main goods, Exports of some main goods by Jun 11, 2024 · Furthermore, cinnamon and cardamom exports from Vietnam to the US have seen notable success, with cinnamon alone accounting for 35 percent of the US’s total import turnover for the spice. Reference. 66% compared to a world Jan 30, 2024 · Traders that wish to import or export goods subject to import or export permits must obtain permits from related ministries or sectors. They exclude compensation of employees and Imports in Vietnam decreased to 30. May 27, 2019 · Preliminary data tables of months in 2024 about Exports of goods, Imports of goods, Imports and exports by country group, country and territory, Exports by some main country groups, countries, territories and by main goods, Imports by some main country groups, countries, territories and by main goods, Exports of some main goods by main countries View Vietnam HS Codes, HTS Codes, Tariff Codes and find correct Harmonized System Code of your product. Vietnam had a total export of 370,909,157. Vietnam Imports from China - data, historical chart and statistics - was last updated on November of 2024. 31 Apr 5, 2023 · Vietnam Import-Export Report provides transparent, systematic information, is interested, trusted and appreciated by management agencies, enterprises, associations, research and training organizations. 44 in thousands of US$ and total imports of 358,788,312. The following is a list of the 10 most outstanding events of the year as selected by the Ministry of Industry and Trade (MoIT). Discover the vast Conclusion. Vietnam Import & Export Data Vietnam import and export data from Tendata iTrader contains important customs data useful for your import and export trade. Jan 28, 2024 · The value of merchandise exports from Vietnam totalled $ 370 billion in 2022. 8 USD bn in the previous month. The most common destination for the exports of The Vietnam Trade Information Portal (VTIP) is the official source for all regulatory information relevant to traders who wish to import goods into Viet Nam or export to other countries. 2 percent year-on-year. Merchandise trade statistics Vietnam (VNM) exports and imports, with partner countries including number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2022 Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. 2B). 94 USD Billion in April from 34. Smaller percentages originated from Oceania’s Australia and New Zealand (3. Between January and April 2024, the total trade in goods reached US$238. Vietnam Import Merchandise trade statistics Vietnam (VNM) exports and imports, with partner countries including number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2019 Sep 9, 2021 · Vietnam Briefing outlines a general step-by-step guide for import and export procedures in Vietnam. In order to ensure Jul 15, 2024 · China was also Vietnam’s largest import market, while the U. Search Vietnam HS Code here (Search by HS Code, Product Description or Combination of both) Due to an excess of Vietnam import-export regulations imposed by the country’s government. Jan 24, 2024 · According to the Vietnam trade data, the total value of Vietnam's total import-export development reached an ecstatic $517 billion in 2023, with a trade balance of $20 billion. Vietnam Raw materials exports are worth US$ 23,565 million, product share of 6. Vietnam Import - Export Report 2023. Transit service Vietnam Cambodia: transit document – Transit custom clearance both in Vietnam and Cambodia – Transit trucking Aug 19, 2021 · We look at Vietnam’s sustainable trade industries suited for high-growth import and export. Embassies abroad. 5 days ago · In FY 2023-2024, For India, Vietnam is the 21st largest trading partner and 22nd largest export destination globally. 5 billion USD last year, followed by Bac Ninh with more than 45 billion USD and Binh Duong province with 34. was its most prominent export destination. 65 Billion during 2022, according to the United Nations COMTRADE database on international trade. 6 billion in 2022. 0 percent ($336 million) from 2021 and up 146 percent from 2012. 11B), Integrated Circuits ($1. 34B 2022 Machinery, nuclear reactors, boilers: $29. Vietnam has emerged as an important market for U. Exports were $13. Vietnam Import - Export Report 2022. Our knowledgeable Vietnam import-export specialists can greatly ease the potentially difficult processes. Date of issue: 26/02/2024Reference period: 12/2023. Analyse business activities of your competitors to know who are their buyers and at what price they export goods. The report gives a comprehensive overview of the import-export picture over the past year, forecasts for this year, international import and export markets, legal documents, and green import-export trends. 107/2016/QH13 on export and import duty regulates tax exemptions. 9B), Office Machine Parts ($16. 9 billion in 2021 and Vietnam is now the ninth Merchandise Trade statistics data for Vietnam (VNM) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. 55 in thousands of US$ leading to a positive trade balance of 12,120,844. The industry is important in Vietnam’s agricultural economy and is export oriented, with more than 90% of production volume exported. In 2022, Vietnam did not export any services to United States. 1 billion in 2021. Another 5. 1 USD bn in Sep 2024, compared with 37. ImportExportVietnam is all in one logistic solution in Vietnam. 89 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Vietnam is 1. U. 1. Introduction. Total import-export turnover in this quarter was estimated at 152. The following export product groups represent the highest dollar value in Vietnamese global shipments during 2023. The most common entity for investors looking to engage in import and export activities, as well as engage in domestic distribution of goods, is to establish a trading company. The dynamics of its economic growth play a critical role in shaping the trade balance, as they are influenced by not only domestic factors but also the economic growth of its trading partners and, significantly, the exchange rate of the Vietnamese currency (VND). 01 USD Billion in March of 2024. This page provides the latest reported value for - Vietnam Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Import - Export Report 2020 Apr 27, 2023 · (VOVWORLD) - HCM City recorded the highest export value of 47. Instantly connect with top decision makers through direct phone, email, and LinkedIn profiles. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. This is an inexpensive Jan 26, 2024 · Import Licensing and Restrictions: Some goods require specific import licenses or permits before they can be imported into Vietnam. This page provides the latest reported value for - Vietnam Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. The most recent exports are led by Broadcasting Equipment ($58. Goods exports grew up by $ 35 billion in 2022 (the value of merchandise exports from Vietnam amounted to $335 billion in 2021) Apr 28, 2022 · Vietnam Import - Export Report provides transparent, systematic information, is interested, trusted and appreciated by management agencies, enterprises, associations, research and training organizations. Explore Vietnam Import-Export Report is the official document of the Ministry of Industry and Trade on the import and export situation of each commodity group, market and the management of import and export activities and analysis and forecasts for the next period. 3 billion USD, according to the 2022 Vietnam Import-Export Report. Nov 1, 2024 · Vietnam has been allowed to export Siluriformes fish and fish products to the United States under the conditions described in the proposed rule (83 FR 47528). Hosted by the General Department of Vietnam Customs, the Portal will provide an accessible, logical, helpful window for traders to access important regulatory Jan 29, 2021 · Exports and imports value by months of 2023. Specifically, Vietnam spent US$67 billion on imports from China, a 34. Vietnam's industry and trade sector has obtained encouraging results in 2022, contributing to the national socio-economic development. On November 5, 2019, FSIS published a final rule to list Vietnam in the regulations as eligible to export Siluriformes fish and fish products to the United States. Goods banned from import into the country include cigars, tobacco, petroleum oils, newspapers and journals, and aircraft. 4 billion. agricultural exports have grown from USD2. According to Circular 34/2013/TT-BCT, there are certain goods that foreign invested enterprises may not export from, or import into, Vietnam. May 14, 2024 · In the first 4 months of 2024, Vietnam's total import-export turnover of goods was estimated to reach 238. 7 percent year-over-year increase, and earned US$27. 07% and the Most Favored Nation (MFN) Weighted Average tariff is 4. Imports and exports must comply with relevant regulations on quarantine, food safety, and quality standards and regulations, and must be inspected by competent and appropriate agencies before customs clearance. Over the past 5 years the exports of United States to Preliminary data tables of months in 2022 about Exports of goods, Imports of goods, Imports and exports by country group, country and territory, Exports by some main country groups, countries, territories and by main goods, Imports by some main country groups, countries, territories and by main goods, Exports of some main goods by Merchandise Trade summary statistics data for Vietnam (VNM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2020 Oct 3, 2024 · 1. Vietnam Raw materials imports are worth US$ 44,157 million, product share of 12. Merchandise Trade summary statistics for Vietnam (VNM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2022 Merchandise Trade summary statistics data for Vietnam (VNM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year Oct 31, 2023 · The US Export-Import Bank (Exim Bank), which opened its full operations in Vietnam in 1999, offers loans, loan guarantees, working-capital guarantees, and export-credit insurance. These import data and export data include: product trading trends, HS codes, customs data, potential importers' or exporters' information, port, competitor companies, etc. Goods banned for export include petroleum oil. 3 billion as of December 15, 2022, including US$355. 49 billion in the first quarter. Vietnam’s Top 10 Exports. Jun 1, 2018 · Vietnam Total Exports recorded 34. The country’s total import-export turnover had reached US$701. The U. With its network of 108 offices across the United States and in more than 75 countries, the U. Whether goods are being sent into or out of Vietnam, our experts will help by advising the cheapest and quickest ways to get the job done. Regarding the exports of goods, in April of 2024 . 5B), Telephones ($24. 4B), Integrated Circuits ($16. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. The nation’s economic transformation, driven by the central-to-market economy plan and the Doi Moi reform, has propelled it from poverty to lower-middle-income status, establishing Oct 31, 2023 · Thanks to our ports and airport community systems, Vietnam’s import-export turnover reached US$732 billion in 2022, according to Vietnam Insider. agricultural exports in Southeast Asia. export and goods banned from import. During the last five reported years the exports of Vietnam have changed by $163B from $236B in 2017 to $399B in 2022. 6% coming from North America. 2% over the same period last year, of which exports increased by 15%; and imports increased by 15. May 17, 2024 · Vietnam Import-Export Report provides transparent, systematic information, is interested, trusted and appreciated by management agencies, enterprises, associations, research and training organizations. Our customs data of Vietnam also helps financial institutions, logistics companies and other businesses to find the best prospects. The trade balance of goods had a surplus of 8. Currently, import-export turnover of goods is showing many signs of good growth. Article 35 of Decree 08 has promulgated a broad definition of on-sport export and import activities. 26 USD Billion in April from 31. 7B), and Textile Footwear ($13. 82 billion worth of exports. Another option is the US International Development Finance Corporation, formerly known as the Overseas Private Investment Corporation, which offers project finance Merchandise Trade summary statistics for Vietnam (VNM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2019 Exports in Vietnam decreased to 30. 3 billion, up 50 percent year-on-year with China coming in at second, followed by the EU according to Vietnam’s General Statistics Office (GSO). 4 billion, up 3. 7 USD bn. 4%. Vietnam’s import and export activities started strong in 2023, reaching a turnover of $58. This list applies to the export and Article 16 of the Law No. The trade growth is 5. For Vietnam, India is the 7th largest trading partner, 7th biggest importer of Vietnam’s products and 11th biggest import source of Vietnam. 31%. See full list on vietnam-briefing. 08 USD Billion in March of 2024. 98%. Jul 12, 2024 · Import and export forecast for 2024 In 2024, the Ministry of Industry and Trade targets Vietnam's export turnover of goods to reach 377 billion USD, an increase of about 6% compared to 2023, with an expected surplus of trade balance of about 15 billion USD. fuwkyx qdncm lhwtrek ynz rttkpo dwsn yrjztc jqskrn ddooj cfug