What are the main exports and imports of Vietnam?
Economy of Vietnam
| Statistics | |
|---|---|
| Export goods | Electronics, textiles products, machinery, footwear products, transportation products, wooden products, seafood products, steel, crude oil, pepper, rice and coffee |
| Main export partners | China(+) 19.6% United States(+) 18.1% Japan(+) 7.43% South Korea(+) 7.09% (2018 est.) |
What products does Vietnam import and export?
Vietnam mainly imports electrical machinery, computers, mobile devices, plastic, mineral fuels, iron and steel, and optical, technical, and medical equipment. However, new opportunities are emerging for manufacturers to export to Vietnam.
What are Vietnam’s main products?
Main crops include rice, coffee, cashew nuts, corn, pepper, sweet potatoes, peanuts, cotton, rubber and tea as well as aquaculture. While agricultural trade surplus edged up on the year in 2019, the livestock industry continued to suffer from various diseases, including swine flu.
What are the top 5 items that Vietnam import?
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).
Who does Vietnam trade with the most?
China
Vietnam top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| United States | 61,404 | 23.21 |
| China | 41,434 | 15.66 |
| Japan | 20,427 | 7.72 |
| Korea, Rep. | 19,729 | 7.46 |
Do we trade with Vietnam?
Vietnam is currently our 13th largest goods trading partner with $77.5 billion in total (two way) goods trade during 2019. Goods exports totaled $10.9 billion; goods imports totaled $66.6 billion. The U.S. goods trade deficit with Vietnam was $55.8 billion in 2019.
What is Vietnam main source of income?
The majority of Vietnam’s export revenues are generated by crude petroleum, garments, footwear, and seafood, and electronic products are of growing importance.
Is Gucci made in Vietnam?
However, some counterfeit products are made in Vietnam. Many households in Lich Dong Village, Thai Binh Province produce glasses and label them with famous international brands such as Ray-Ban, Gucci and Chanel, while Thao Noi Village in Hanoi is notorious for producing fake Chanel, Hermes and Louis Vuitton handbags.
What should I buy in Vietnam?
Read on for our guide on the best things to buy in Vietnam.
- Traditional Ao Dai Costume.
- Silk.
- Vietnamese Coffee.
- Pearl Jewellery.
- Conical Hat.
- Lacquerware.
- Hand Embroidery.
- Propaganda Posters.
Is Vietnam still divided?
The Vietnam War’s north-south division officially ended 31 years ago. Vast cultural differences divide the former republics of North and South Vietnam. Hanoi is as far from Ho Chi Minh City, the former Saigon, as New York City is from Atlanta.
What are three interesting facts about Vietnam?
15 Interesting, Unusual and Fun Facts About Vietnam
- Fact 1: Snow in a tropical country.
- Fact 2: Largest cave in the world.
- Fact 3: Facts about the Vietnamese language.
- Fact 4: Teachers are highly respected.
- Fact 5: Ho Chi Minh’s embalmed body on display.
- Fact 6: Incredible diversity of Vietnamese ethnic groups.
What food is Vietnam known for?
Here are my Top 10 Vietnamese Food from common staples to my own personal favourites.
- Vietnamese Noodle Soup (Pho)
- Summer Rolls / Fried Spring Rolls (Goi Cuon / Nem Ran)
- Baguettes (Banh Mi)
- Grilled Pork (Thit Nuong)
- Crepe Wrap (Banh Xeo)
- Beef on Rice Noodles (Bun Bo Nam Bo)
- Pork on Thick Noodles (Cao Lau)
Are Samsung made in Vietnam original?
Samsung has a big manufacturer in Vietnam, and there are many Samsung products, including the Galaxy Note 3, which is made in Vietnam. These products are all original.
