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Vietnam import

Vietnam Import data

Vietnam is a nation located in mainland Southeast Asia. Vietnam has an extensive history of joining forces with a dominant culture and utilizing the concepts, structures, and technological advancements of that civilization for domestic reasons. Due to its rising expenses, China is no longer the preferred location for many enterprises, and Vietnam has emerged as a significant rival. Vietnam’s import sector has seen a significant rise in global trade as per the recent trade data of Vietnam.

According to Vietnam Import Data 2022 reports, the country imported USD 358.9 billion. In 2023, Vietnam imported goods worth $610.68 billion. As per the estimates on import shipments to Vietnam, there were over 49.8 million units exported in 2022 which saw an increase of 6.33 billion USD or 25% in computers, electronic products, and componentry with a total value of $81.88 billion in 2022. Computers and electronics were the largest imports of Vietnam in 2022. Data from Vietnam Customs shows that the country imports a lot of raw materials, electronics, petroleum products, machinery, and industrial equipment, products for the clothing and shoe sectors, plastics, automobiles, metal, and chemical items. According to statistics on trade with Vietnam, the major import partners are Thailand, Malaysia, Indonesia, South Korea, Japan, China, and Taiwan.

Vietnam Import Data | Vietnam Customs Data

18

The country has been ranked 18th in global imports, showing a significant position in the international trade landscape and import market.

1.34%

With a mere 1.34% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports and import share.

COMPUTERS AND ELECTRONIC PRODUCTS

Computers, electronic products, and components are the biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 Vietnam Imports

According to Vietnam Import Customs Data, Vietnam imported the top 10 products and had a great share in the nation’s total imports. According to data from Vietnam Imports, the top 10 imports of Vietnam in 2023 are:

  • Computers, Electrical machinery, and equipment: 34.1% ($124.3 billion)
  • Machinery including computers: 8.4% ($30.4 billion)
  • Plastics, plastic articles: 5.3% ($19.2 billion)
  • Mineral fuels including oil: 4.9% ($17.7 billion)
  • Iron, steel: 3.7% ($13.6 billion)
  • Vehicles: 2.9% ($10.5 billion)
  • Knit or crochet fabric: 2.2% ($8 billion)
  • Optical, technical, and medical apparatus: 2% ($7.4 billion)
  • Organic chemicals: 1.6% ($5.7 billion)
  • Cotton: 1.5% ($5.6 billion)
    • Partners

    Top 10 import partners for Vietnam

    The top import partners for Vietnam in 2023 include China, South Korea, and Japan. These import partners contribute highly to Vietnam’s economic success. Based on the import data, the top 10 trading partners for Vietnam's imports in 2023 are:

    Value In Percentage(%)

  • China: 22% ($138.22 billion)
  • South Korea: 8.75% ($53.46 billion)
  • Japan: 2.80% ($17.13 billion)
  • Singapore: 2.72% ($16.64 billion)
  • Hong Kong: 2.36% ($14.42 billion)
  • Chinese Taipei: 1.91% ($11.69 billion)
  • Malaysia: 1.85% ($11.34 billion)
  • Thailand: 1.80% ($11 billion)
  • USA: 1.60% ($9.79 billion)
  • Indonesia: 1.23% ($7.52 billion)
    • Sample Data

    Understanding Vietnam’s import data.

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see that in this report, we also include the importers’/exporter's names and address details. In this comprehensive customs database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. The information gathered by the government about the goods and services imported intoVietnam is referred to as import data. Vietnam Customs thorough collection and recording ofthis data provides important insights into the dynamics of the nation's trade. Vietnam's total imports in 2022 totaled 358.9 billion USD, an increase of 7.8% from 2021 according to the Vietnam import data for 2022. Vietnam imported goods worth a total value of $610.68 billion in 2023. Vietnam Import Data is a category of Customs Data that covers exclusive shipping details such as firm names. The Vietnam customs data also includes HS Code, Product Description, Quantity, Value, Origin Country, Transport Type, Port, and other details. Vietnam's imports rose from 23.30 USD billion in February 2024 to 31.08 USD billion in March 2024.

    Benefits

    Benefits of Vietnam Import Data

  • Develop your company to target the Vietnamese market.
  • Give the latest recent predictions for Vietnam's product demand and prices.
  • Keep track of and monitor the shipments of your competitors.
  • Give your marketing plans a data-driven strategy and input.
  • Ensure your brand has a strong presence in Vietnam.
  • Provide details about the state of the economy by monitoring variations in import volume.
  • You’ll receive the name and address of the importer/exporter in our reports.

    • Frequently Asked Questions!!

    Vietnam’s main import products are Computers, Electrical machinery, and equipment worth 34.1% ($124.3 billion).

    China is Vietnam’s main import partner in 2023, with a total import value of $138.22 billion.

    Vietnam import data for 2023 can be found on the TradeImeX website and other government websites, trade databases, and online market research platforms.

    Vietnam import data typically includes details such as the name of the importer, description of the imported goods, quantity, value, country of origin, and customs duties paid.

    Vietnam import data is usually updated on a monthly or quarterly basis, depending on the source.

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