Vietnam Trade in Goods and Services

Vietnam has been a significant player in international trade, with its economy heavily reliant on exports. The country has seen remarkable growth in its export-oriented industries, particularly in sectors such as textiles, electronics, agriculture, and manufacturing.

Visit for Vietnam Import Data

Some key points regarding Vietnam's shipments and trade include:

Exports: Vietnam is known for exporting a variety of goods, including apparel and footwear, electronics, seafood, coffee, rice, and machinery. The country has benefited from its participation in various trade agreements like the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA).

Major Trading Partners: Vietnam has strong trade relationships with several countries and regions. Its major trading partners include the United States, China, Japan, South Korea, and the European Union. These nations are both destinations for Vietnamese exports and sources of imports.

Trade Surplus: Vietnam has often maintained a trade surplus, exporting more than it imports. This surplus has been a result of the country's competitive manufacturing sector and its ability to attract foreign investment.

Vietnam Export Data

Shipping Routes and Infrastructure: Vietnam has several major ports and a well-developed network of roads and railways, facilitating the movement of goods within the country and to international markets. Ports such as Ho Chi Minh City (Saigon) and Haiphong are crucial hubs for shipping activities.

Challenges and Opportunities: While Vietnam's trade has seen significant growth, challenges remain, such as addressing issues related to infrastructure development, logistics, and enhancing the quality and value addition of exports. However, Vietnam also presents opportunities for foreign investors due to its growing economy, favorable demographics, and participation in regional trade agreements.

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