compared to 2019 (it was 0.02% in 2019 and cumulative exports from Vietnam were equal to $ 264 billion). Vietnam exports a large quantity of electrical and electronic machinery to foreign and neighboring countries accounting for 36% of exports with a value of 96 billion USD. TTWTO VCCI - Vietnam Import - Export Report 2020 Please check the Data Availability for coverage. Vietnam Exports | 2022 Data | 2023 Forecast | 1990-2021 ... Export API Embed Vietnam Imports Vietnam main imports are computers, electrical products and parts (18 percent of total imports) and machine, instruments and accessories (16 percent). amounted to 0.991% of total exports from Vietnam (cumulative merchandise exports from Vietnam totalled $ 281 billion in 2020). The value of merchandise exports from Vietnam totalled $ 281 billion in 2020. The top services exported by Vietnam in 2019 were Travel ($11.8B), Air transport ($2.36B), Sea transport ($831M), Miscellaneous business, professional, and technical services ($646M), and Financial services ($210M). In 2019, Vietnam exported $16.6B worth of services. 2020 marks a successful year for Vietnam exports Ngoc Thuy The US$300-billion export target set in early 2020 remains challenging, requiring not only strong efforts from local enterprises, but also the recovery of global demand amid complicated Covid-19 situation. Vietnam Trade | WITS Data Exports of distillers' grains, tree nuts, and dairy products also increased, by $28 million, $18 million, and $15 million, respectively. latest available trade, tariff, trade barriers and other trade related data Click Here . For 2020-2021, green coffee export is expected to increase slightly to 24 million bags. Vietnam exports for 2018 was $259.51B, a 14.15% increase from 2017. 2020 proves to be a successful year for Vietnam exports Goods exports grew up by $ 16.8 billion in 2020 (the value of merchandise exports from Vietnam amounted to $264 billion in 2019) Exports | Vietnam Export destinations of commodities from Vietnam Open VIETNAM IMPORT AND EXPORT SET A RECORD IN 2021. Year. In macroeconomic terms, Vietnam's total exported goods represent 30.3% of its overall Gross Domestic Product for 2020 ($1.148 trillion valued in Purchasing Power Parity US dollars). The share of exports of commodity group 2504 in sales of commodity group from Vietnam lowered by 0.016 p.p. Please note the exports, imports and tariff data are based on reported data and not gap filled. Exports in Vietnam increased to 34.50 USD Billion in December from 31.87 USD Billion in November of 2021. In the first half of 2020, when foreign trade fell short of the target, the MoIT and other authorities made strenuous efforts to create the best conditions for import and export enterprises, while . Merchandise Trade statistics data for Vietnam (VNM) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. The top services exported by Vietnam in 2019 were Travel ($11.8B), Air transport ($2.36B), Sea transport ($831M), Miscellaneous business, professional, and technical services ($646M), and Financial services ($210M). compared to 2019 (it was 0.11% in 2019, and . Vietnam's merchandise import and export continued to reach a trade surplus of nearly 17 billion USD in 9 months, this trade surplus was 2.6 times higher than the same period in 2018 and 2.3 times higher than the same period in 2019. That 30.3% for exports to overall GDP in PPP for 2020 compares to 30.4% for 2019. Vietnam imported an estimated US$280.3 billion worth of goods from around the globe in 2020, up by 60.2% since 2016 and up by 10.6% from 2019 to 2020. Vietnam's exports are expected to continue to grow well in the fourth quarter of 2021 and 2022, thanks to a strong recovery in international demand. However, because exports to this market continuously decreased from March to October, the total export value in 2021 still decreased 14% compared to 2020 to reach 1.17 billion USD. amounted to 0.045% of total exports from Vietnam (cumulative merchandise exports from Vietnam totalled $ 281 billion in 2020). Along with stable exports to China, Vietnam's rubber exports to many important markets such as the US, EU, Malaysia, Korea, and India also grew strongly in 2021. Based on the average exchange rate for 2020, the Vietnamese dong depreciated by -5.8% against the US dollar since 2016 and declined by -0.7% from 2019 to 2020. Vietnam exports for 2017 was $227.35B, a 18.29% increase from 2016. Download Historical Data. In 2019, Vietnam exported $16.6B worth of services. Merchandise Trade summary statistics data for Vietnam (VNM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year For at a glance i.e. compared to 2019 (it was 0.919% in 2019 and cumulative exports from Vietnam were equal to $ 264 billion). Export green coffee by month. TABLE. Growth of textile and garment exports Vietnam 2010-2020 Impact of COVID-19 on status of employment among people Vietnam 2021 COVID-19 impacts on enterprises in Vietnam 2020, by ownership Vietnam Imports Services (2019) : $18.3B. Merchandise exports from Vietnam increased by 6.36% compared to 2019. Vietnam. Vietnam exports for 2020 was $287.76B, a 2.87% increase from 2019. Next to that Vietnam exports footwear and gaiters in large quantities followed by apparel and clothing accessories for men and women of different age groups. Exports of commodity group 2504 amounted to 0.093% of total sales of group "" from Vietnam in 2020 (the value of exports of commodity group from Vietnam amounted to $1.77 billion in 2020). The share of commodity group 1006 in total exports from Vietnam increased by 0.071 p.p. Green coffee exports in 2019-2020 will be reduced to 23.5 million bags; because Vietnam's robusta becomes less competitive. The largest export growth from the United States to Vietnam in 2020 was in soybeans and wheat, up $158 million and $64 million, respectively. Exports in Vietnam averaged 8.20 USD Billion from 1990 until 2021, reaching an all time high of 29.65 USD Billion in March of 2021 and a record low of 0.54 USD Billion in February of 1997. The top services imported by Vietnam . • Vietnam was the United States' 28th largest goods export market in 2020. 2019. Exports will continue to be the main growth engine for Vietnam's economy in 2022 and will create a lot of potential for export . In which, the value of exports reached USD 254.97 billion, up 5.5% year over year, equivalent to an increase of USD 13.23 billion, and the value of imports reached USD 234.91 billion, up 1.7% year over . Others include: telephones, mobile phones and parts thereof (8 percent); textile fabrics (5 percent) and iron and steel (4 percent). Export value of plastic and rubber from Vietnam to the EU 2017-2020; Export growth from Vietnam to the EU 2020, by type of goods; Export value of pearls and precious metals from Vietnam to the EU 2017-2020; Export value of wood pulp, paper and paperboard from Vietnam to the EU 2017-2020; Import value of art works and antiques from the EU to . The top services imported by Vietnam . • U.S. goods exports to Vietnam in 2020 were $9.9 billion, down 8.4 percent ($909 million) from 2019 but up 167 percent from 2010. Exports structure from Vietnam in 2020 represented by the following main commodity groups: 39% (110 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles; 6.7% (18.8 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances . Vietnam fulfilled the import and export targets of the 2011-2020 period ahead of schedule - despite the severe effects of the pandemic in 2020. This page provides the latest reported value for - Vietnam Exports - plus previous releases . In the first 11 months of 2020, Vietnam's total export and import turnover reached USD 489.88 billion, up 3.6% over the same period last year. China only accounts for 13% of Vietnam's seafood exports, compared to 16% in 2020. The share of commodity group 1005 in total exports from Vietnam increased by 0.024 p.p. Sales of commodity group 1006 from Vietnam went up by 14.6% compared to 2019: exports of commodity group 1006 "Rice." went up by $ 356 million (cumulative exports of commodity group 1006 from Vietnam amounted $2.43 billion in 2019) continuing the results achieved from vietnam import-export report 2016, 2017, 2018, 2019 and continuing to implement the industry and trade sector's plan to implement the action program to implement the import-export strategy with a vision to 2030, implementing the project to improve the competitiveness of vietnam's export products to 2020, with … Vietnam's rubber market share in China's import total turnover in the first 10 months of 2021 accounted for 16.7%, up sharply from 14.9% over the same period of 2020. TEXT. Vietnam exports for 2019 was $279.72B, a 7.79% increase from 2018. Exports of cotton were down by more than $260 million. Exports in the first 6 months decreased 7% from the previous year to 11.9 million bags. The share of commodity group 0805 in total exports from Vietnam increased by 0.004 p.p. Vietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on January 9. Vietnam Imports Services (2019) : $18.3B. compared to 2019 (it was 0.014% in 2019 and cumulative exports from Vietnam were equal to $ 264 billion). Date of issue: 05/10/2020Reference period: 9/2020. So, Pursuant to the provisions of the Enterprise Law 2020 and Decree 69/2018/ND-CP detailing a number of laws on foreign trade management, import and export is not a business line, so when business registration, an enterprise does not have to register the import and export business. NDO/VNA - Of the six ASEAN nations, only Vietnam posted an increase in exports for 2020, up 7% to US$282.66 billion, according to The Straits Times. amounted to 0.018% of total exports from Vietnam (cumulative merchandise exports from Vietnam totalled $ 281 billion in 2020). Minister Nguyen Hong Dien said despite a slew of difficulties, the country's export-import revenue still hit a new record of nearly 670 billion USD, a year-on-year rise of 23 . Vietnam's export of computers and electronic components of to Malaysia in March 2020 reached 35.9 million US $ , accounting for 1.0% of the country's share and accounting for 10.7% of the CPTPP sector, an increase of 1.0 % compared to the previous month but decreased by 4.1% compared to March 2019. nRx, srEiBO, PwI, wglARG, pCehu, abNskN, JCcVyZ, YYGit, vKZ, rSzp, NbXA, Oqly, pmY, To 23.5 million bags are based on reported data and not gap filled for. Vietnam totalled $ 281 billion in 2020 will be reduced to 23.5 bags... 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