Vietnam is also recognized as the Socialist Republic of Vietnam. It is located in Southeast Asia. Vietnam shares its long and recognized maritime borders with countries like China, Cambodia, Thailand, and Philippines. According to the trade statistics of the nation, Vietnam’s economy is mentioned in the list of top 61 countries having the most complex economic structure. Based on the insights derived from Vietnam import data, Vietnam was ranked at 18th position out of 226 countries in total imports in the annual year 2020. In the same year, the nation imported rubberized knitted fabric, synthetic yarn woven fabric, soybean food, and dry fruits the most from the world.
Vietnam import data reveals that imports in Vietnam were worth USD 330.75 billion for goods in 2021. On the other hand, Vietnam imported services worth USD 19.4 billion in the year 2021. Significant imports of Vietnam as recorded in Vietnam trade data 2021 were electrical machines, plastic products, mineral fuels and oils, and iron and steel.
As of 2020, total citizens of Vietnam including all age groups was 9.62 crores. Significant import accomplices of Vietnam as unveiled by Vietnam trade data 2021 were China, Korea, the USA, Thailand, Malaysia, and Australia.
Vietnam trade data as well as Vietnam Import data information delivered by TradeImeX to its customers is quite knowledgeable and based on latest trends and analysis. The foreign trade statistics that we sell, guarentees accuracy, authenticity, and accountability on all fronts. Shipping bills, trade invoices, and other important documentation that is essential for trading are all listed in our database. We Promise to you that the information mentioned in our datasets are collected only from the trusted sources such as government bodies and customs ports.
A snapshot of Vietnam Import Data report is mentioned below which contains some of the most crucial information that is needed to create a marketing strategy. This sample will surely enhance your abilities to study our databases in most efficient manner.
|VIETNAM IMPORT DATA|
|IMPORTER NAME||PIAGGIO VIETNAM CO., LTD|
|EXPORTER NAME||PIAGGIO & C. SPA|
|PRODUCT DESCRIPTION||TWO-WHEEL MOTORCYCLE BRAND MOTO GUZZI, TRADE NAME V7 STONE, MALE STYLE, CAR NUMBER, CYLINDER CAPACITY 853 CM3, 100% NEW, MANUFACTURED IN 2022, BLACK, SK:ZGUKZA005NM008824 ,SM:AW020967|
|TOTAL CIF VALUE||5357.11||MODE OF TRANSPORT||SEA|
|LOADING PORT||LA SPEZIA||UNLOADING PORT||NAM HAI|
|ORIGIN COUNTRY||ITALY||DESTINATION COUNTRY||VIETNAM|
The Datasets such as Vietnam import data are gathered and accumulated from only trusted sources of every nation such as custom ports, government bodies, and other connected institutions. The information derived from these resources is quite informative and precise. You get to know everything starting with the importer’s name to the quantity and price of each product from this import data. We guarantee that our databases are very precise, authentic, and aligned as per the industry norms.
In the year 2021, Vietnam imported numerous items from various countries. As every country maintains its import export data to record all the overseas transactions, in the similar manner, Vietnam also maintains its Vietnam Import Data in which it records the major imports that happened into the nation in a particular year. So, as per Vietnam Import Data for the year 2021, the top 10 imports to the nation were as follows.
Electric machines and appliances (USD 118.14 billion), mechanical machines (USD 24.11 billion), plastic products (USD 19.98 billion), mineral fuels and oils (USD 16.39 billion), iron and steel (USD 14.74 billion), photographic and medical equipment (USD 7.96 billion), light motor vehicles (USD 7.44 billion), clothing and apparels (USD 6.62 billion), chemicals (USD 5.56 billion), and eatables like cereals and pulses (USD 5.15 billion).
From the top 10 imported products list, the contribution of machines and appliances is the most which is 35.71%, this is then followed by the contribution of mechanical machines and tools which is approximately 7.2%.
According to Vietnam Import Data for the year 2021, the top 10 countries from whom Vietnam imported the most were as follows:
China (USD 109.85 billion), Korea (USD 56.11 billion), Japan (USD 22.60 billion), the USA (USD 15.17 billion), Thailand (USD 12.55 billion), Malaysia (USD 8.13 billion), Australia (USD 7.94 billion), Indonesia (USD 7.60 billion), India (USD 6.94 billion), and Kuwait (USD 4.72 billion).
After carefully analyzing the contribution of each country in the year 2021, we reached to a conclusion that around 33.21% of total imports made by Vietnam were from China, and then trailed by Korea with 17% contribution in total imports.