Vietnam Market Analysis - Tendata Vietnam Customs Data Query

tendata blogTrade Data

ten data blog29-08-2023

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Vietnam purchased imports worth US$364.1 billion from the world in 2022, up 10.1% from US$330.8 billion in 2021.

Vietnam exported $458.1 billion worth of products to the world in 2022, up 36.4% year-on-year from $335.8 billion in 2021.

83.8% of Vietnam's imports were supplied by exporters in China (33.2% of Vietnam's global total), South Korea (17%), Japan (6.8%), Taiwan (6.3%), the US (4.6%), Thailand (3.8%), Malaysia (2.5%), Australia (2.4%), Indonesia (2.3%), India ( 2.1%), Kuwait (1.43%) and Cambodia (1.42%).

74.3% of Vietnam's exports were purchased by importers from the United States (28.7% of Vietnam's total), Mainland China (16.7%), South Korea (6.5%), Japan (6%), Hong Kong (3.6%), the Netherlands (2.3%), Germany (2.2%), India (1.9%), Thailand (1.8%), the United Kingdom (1.7%), Canada (1.6%) and Cambodia (1.6%). ) and Cambodia (1.4%).

Telephone system equipment, including smartphones, was Vietnam's most valuable export, accounting for 14.6% of the country's total exports. In second place were electronic integrated circuits or microcomponents (6.9%), followed by flat panel displays (5.2%), textile footwear (3.5%), computer parts or accessories (2.9%), parts of television, radio or radar equipment (also 2.9%), miscellaneous furniture (2.7%), leather footwear (2.3%), computers, including optical readers (2%), then microphones, headphones and amplifiers (1.6%).

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