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Vietnam's total Exports in 2023 were valued at US$353.08 Billion, according to the United Nations COMTRADE database on international trade. Vietnam's main export partners were: the United States, China and South Korea. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Footwear, gaiters and the like,. Total Imports were valued at US$325.44 Billion. In 2023, Vietnam had a trade surplus of US$27.63 Billion.
In 2023, the total value of imports to Vietnam from China amounted to around ***** billion euros, making China the leading import trade partner of Vietnam that year. In the same year, the total value of worldwide imports to Vietnam amounted to about ****** billion euros.
In 2023, the value of exports from Vietnam to the United States amounted to ***** billion euros. In the same year, the total value of worldwide exports from Vietnam amounted to about ***** billion euros.
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Exports in Vietnam decreased to 31.11 USD Billion in February from 33.09 USD Billion in January of 2025. This dataset 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.
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Vietnam's total Imports in 2023 were valued at US$325.44 Billion, according to the United Nations COMTRADE database on international trade. Vietnam's main import partners were: China, South Korea and Japan. The top three import commodities were: Electrical, electronic equipment; Mineral fuels, oils, distillation products and Machinery, nuclear reactors, boilers. Total Exports were valued at US$353.08 Billion. In 2023, Vietnam had a trade surplus of US$27.63 Billion.
This statistic shows the most important export partner countries for Vietnam in 2023. In 2023, the most important export partner of Vietnam was the United States with a share of 29 percent in exports.
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Vietnam import data: Exploring the growth of its export-oriented economy through key imports and strategic trade partnerships.
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Top Import Trading Partners of Vietnam with import value and Year on Year growth comparison
In 2021, Vietnam exported around *** thousand metric tons of catfish to China, making China the leading importer of this Vietnamese product based on volume. Vietnam accounted for the majority of catfish export worldwide. In that year, the total value of exported catfish from Vietnam reached *** billion U.S. dollars.
In the first nine months of 2023, Germany was the leading export partner for Vietnam's coffee, importing over *** million U.S. dollars worth of coffee from Vietnam. Italy ranked second with an import value of approximately *** million U.S. dollars during the same period.
US tariffs on South-East Asian countries are set to have a significant strategic impact on Australia-based businesses with exposure to these markets in their supply chain.
This statistic shows the most important import partners for Vietnam in 2023. In 2023, the most important import partner for Vietnam was China with a share of 49 percent in all imports.
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Imports in Vietnam increased to 32.66 USD Billion in February from 30.06 USD Billion in January of 2025. This dataset 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.
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Russia Imports: Year to Date: APEC: Vietnam data was reported at 3.624 USD bn in Dec 2018. This records an increase from the previous number of 3.382 USD bn for Nov 2018. Russia Imports: Year to Date: APEC: Vietnam data is updated monthly, averaging 529.600 USD mn from Feb 2004 (Median) to Dec 2018, with 179 observations. The data reached an all-time high of 3.624 USD bn in Dec 2018 and a record low of 12.700 USD mn in Feb 2004. Russia Imports: Year to Date: APEC: Vietnam data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA023: Imports: by Main Trading Partners: ytd.
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.
Vietnam – An export-driven country
Vietnam had greatly increased its volume and value of international trade since implementing economic reforms, or Đổi Mới in 1986. After Đổi Mới, Vietnam's trade balance recorded its first trade surplus in 2012 at around 750 million U.S. dollars. In 2019, Vietnam saw a negative growth rate of worldwide exports for the first time since 2010, with a total export value reaching over 361.93 billion U.S. dollars that year. The country’s main export partners include the United States, the European Union, China, Japan, and South Korea.
International trade agreements
In 2019, Vietnam signed several significant trade agreements such as the EU-Vietnam Free Trade Agreement (EVFTA), which led to the reduction of tariffs and customs duties for both Vietnam and the European Union, as well as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which not only gave Canada access to the Vietnamese market, but also facilitated the integration of Vietnam in the global value chain.
In 2023, Vietnam imported *** thousand metric tons of yarn from China, making China the leading trade partner for this commodity in Vietnam. The main trade partners for yarn import in Vietnam were other countries in the Asia-Pacific region. In general, Vietnam imported over *********** metric tons of yarn that year.
In 2023, China was the leading exporting country of consumer-oriented products to Vietnam, with an import share of ** percent. In that year, the total agricultural and related products from the United States imported into the country reached over **** billion U.S. dollars.
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Statistics illustrates the import volume of Cotton; carded or combed in Canada from 2007 to 2024 by trade partner.
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Cyprus Imports: Asia: Vietnam data was reported at 3,843.000 EUR th in Dec 2024. This records a decrease from the previous number of 4,748.000 EUR th for Nov 2024. Cyprus Imports: Asia: Vietnam data is updated monthly, averaging 1,269.500 EUR th from May 2003 (Median) to Dec 2024, with 260 observations. The data reached an all-time high of 15,581.000 EUR th in Mar 2014 and a record low of 84.000 EUR th in Dec 2005. Cyprus Imports: Asia: Vietnam data remains active status in CEIC and is reported by Statistical Service of Cyprus. The data is categorized under Global Database’s Cyprus – Table CY.JA007: Imports: by Trading Partner.
In 2022, Japan was the leading import market for cosmetics from Vietnam, amounting to nearly **** million U.S. dollars. This was followed by Mainland China, Thailand, and the United States. That year, South Korea ranked sixth among the export partners with approximately ***** million U.S. dollars of cosmetics products imported from Vietnam.
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Vietnam's total Exports in 2023 were valued at US$353.08 Billion, according to the United Nations COMTRADE database on international trade. Vietnam's main export partners were: the United States, China and South Korea. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Footwear, gaiters and the like,. Total Imports were valued at US$325.44 Billion. In 2023, Vietnam had a trade surplus of US$27.63 Billion.