Vietnam Imports (2024)

Imports in Vietnam increased to 31.08 USD Billion in March from 23.30 USD Billion in February of 2024. Imports in Vietnam averaged 10.52 USD Billion from 1990 until 2024, reaching an all time high of 32.66 USD Billion in March of 2022 and a record low of 0.74 USD Billion in February of 1999. source: General Statistics Office of Vietnam

Imports in Vietnam is expected to be 27.50 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Imports is projected to trend around 37.00 USD Billion in 2025, according to our econometric models.

Vietnam Imports

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). Main import partners are China (28 percent of the total imports) and South Korea (22 percent). Others include: Japan (8 percent), Taiwan (6 percent), Thailand (5 percent) and the United States (4 percent).

Actual Previous Highest Lowest Dates Unit Frequency
31.08 23.30 32.66 0.74 1990 - 2024 USD Billion Monthly
Vietnam Imports (2024)

FAQs

What are Vietnam's main imports? ›

What are the major imports of Vietnam? Vietnam's major imports are computers, electrical products, and parts, making up18 percent of total imports. After that are machines, instruments, and accessories, making up 16 percent of imports. What are Vietnam's major exports?

What are Vietnam's 3 major exports? ›

According to the Vietnam export data for 2022, Its major export products are phones and accessories ($57.99 billion), computers and electronic products ($55.54 billion), machinery and equipment ($45.75 billion), textiles ($37.57 billion), and footwear ($23.90 billion).

How much do we import from Vietnam? ›

U.S. goods and services trade with Vietnam totaled an estimated $142.1 billion in 2022. Exports were $13.8 billion; imports were $128.4 billion.

What is Vietnam's top 10 imports? ›

Top 10 Vietnam Imports
  • Plastics. ...
  • Oil & Mineral Fuels. ...
  • Iron & Steel. ...
  • Precision Instruments. ...
  • Motor Vehicles & Parts. ...
  • Knitted Fabrics. ...
  • Organic Chemicals. ...
  • Iron & Steel Articles.

What is Vietnam's main trade? ›

Economy of Vietnam
Statistics
Export goodsElectronics, textiles products, machinery, footwear products, transportation products, wooden products, seafood products, steel, crude oil, pepper, rice and coffee
Main export partnersUnited States 29.5% China 15.5% European Union 12.6% ASEAN 9.2% South Korea 6.5% Japan 6.5%
38 more rows

What is Vietnam's top 5 imports? ›

Imports The top imports of Vietnam are Integrated Circuits ($45.2B), Broadcasting Equipment ($19.5B), Refined Petroleum ($9.7B), Telephones ($9.43B), and Coal Briquettes ($7.03B), importing mostly from China ($138B), South Korea ($60.7B), Japan ($17.9B), Chinese Taipei ($15.7B), and Thailand ($13.4B).

Where does Vietnam import from? ›

Vietnam imports from China worth US$ 109,851 million, with a partner share of 33.21 percent. Vietnam imports from Korea, Rep. worth US$ 56,112 million, with a partner share of 16.97 percent. Vietnam imports from Japan worth US$ 22,602 million, with a partner share of 6.83 percent.

What food does Vietnam import? ›

The top 10 U.S. products exports to Vietnam in 2022 were cotton, soybeans, distiller's grains, forest products, dairy products, other feed meals and fodders, tree nuts, soybean meal, poultry meats and products, and fresh fruits.

Who is Vietnam's largest trading partner? ›

China remains Vietnam's largest trading partner, a dynamic relationship that continued to evolve in 2022.

What is Vietnam's biggest food export? ›

Vietnam currently exports a broad range of agricultural products all over the world. Its main exports are walnuts, coffee, and rice – accounting for just over US$5.7 billion worth of agricultural exports in 2021.

What is Vietnam famous for? ›

Vietnam is famous for its deeply rooted in its rich and ancient culture, which is reflected in its architecture, festivals, arts, and traditions. The UNESCO World Heritage Sites of Hue, Hoi An, and My Son showcase the imperial, colonial, and indigenous heritage of Vietnam, with beautiful pagodas, temples, and palaces.

Who is the largest import market in Vietnam? ›

China was Vietnam's largest import market for the cited period with a turnover estimated at 41.6 billion dollars, the report said.

What products are imported and exported the most in Vietnam? ›

In 2023, electronics, computers, and components exports had the largest value amongst Vietnam's major commodities, at approximately 57.3 billion U.S. dollars. Meanwhile, phones and related components contributed around 52.4 billion U.S. dollars to total export earnings that year.

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