Vietnam trade exports and imports cibpjpc

Vietnam trade exports and imports

22.01.2021

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27 Oct 2014 Vietnam's exports to the U.S. are likely to reach $29.4 billion (up 19%), and imports from the U.S. about $5.5 billion (up 10%). Vietnam's exports 22 Mar 2018 Main imports in Vietnam are refined petroleum, telephones, and integrated circuits. Vietnam's top import partners are China, South Korea, Japan, Vietnam is the 21st largest export economy in the world and the 83rd most complex economy according to the Economic Complexity Index (ECI). In 2017, Vietnam exported $220B and imported $204B, resulting in a positive trade balance of $15.7B. In 2017 the GDP of Vietnam was $223B and its GDP per capita was $6.78k. Vietnam's main exports include: crude oil. textiles and garment. rice. coffee. rubber. coal. aquaculture. processed forest products. Vietnam had a total export of 176,580,786.63 in thousands of US$ and total imports of 174,978,350.26 in thousands of US$ leading to a positive trade balance of 1,602,436.37 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Vietnam is 2.86% and the Most Favored Nation (MFN) Trade in services with Vietnam (exports and imports) totaled an estimated $3.6 billion in 2017 (latest data available). Services exports were $2.3 billion; services imports were $1.3 billion. The U.S. services trade surplus with Vietnam was $1.1 billion in 2017 (latest data available).

export growth, decreased trade deficit, increasing export share of processed products analyzing and evaluating the export and import activities of Vietnamese

In 2018 annual figures available, Vietnam recorded $58.9 billion in trade with the United States. Total U.S. exports to Vietnam were $9.68 billion and imports from Vietnam were $49.21 billion. The U.S. deficit with Vietnam was $39.53 billion. Given the recent trade war between China and the US, alongside Vietnam’s recent CPTPP ratification, and the signing of the EU-Vietnam FTA, the country is steadily becoming more open to international trade and investment.. Located in a strategic position for foreign companies with operations throughout Southeast Asia, Vietnam is an ideal export hub to reach other ASEAN markets.

7 Mar 2017 MAIN EXPORT AND IMPORT MARKETS OF VIETNAM IN 2016. Source: GENERAL STATISTICS OFFICE of VIET NAM

Cum. (bil. USD), +/- with the same period (%). Export, 11.18, 16.4, 50.29, 6.8. Import, 10.29 However, the intermediate export values were much lower than the intermediate import values. As for the exporting of final goods, Vietnam exported USD. 39.75 13 Jan 2020 Key imports were electronics and machinery, the department said. Vietnam's exports of smartphones and spare parts, mostly produced by The immediate result was that the private sector accounted for nearly three- quarters of all trading firms and nearly half of all export and import trade in 1999 ( Table 21 Nov 2019 That increase in exports to the U.S. has made Vietnam one the largest beneficiaries of the trade war. Vietnam's fastest growing export

Vietnam's foreign trade has been growing fast since state controls were relaxed in the 1990s. The country imports machinery, refined petroleum, and steel; it exports crude

Vietnam’s top 10 imports approach two-thirds (62.9%) of the overall value of the country’s total product purchases from foreign suppliers. Imported fish had the fastest-growing increase in value among the top 10 import categories, up by 245.2% from 2017 to 2018. 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 In 2018 annual figures available, Vietnam recorded $58.9 billion in trade with the United States. Total U.S. exports to Vietnam were $9.68 billion and imports from Vietnam were $49.21 billion. The U.S. deficit with Vietnam was $39.53 billion. Given the recent trade war between China and the US, alongside Vietnam’s recent CPTPP ratification, and the signing of the EU-Vietnam FTA, the country is steadily becoming more open to international trade and investment.. Located in a strategic position for foreign companies with operations throughout Southeast Asia, Vietnam is an ideal export hub to reach other ASEAN markets. Vietnam’s top 10 imports approach two-thirds (62.9%) of the overall value of the country’s total product purchases from foreign suppliers. Imported fish had the fastest-growing increase in value among the top 10 import categories, up by 245.2% from 2017 to 2018.

In 2018 annual figures available, Vietnam recorded $58.9 billion in trade with the United States. Total U.S. exports to Vietnam were $9.68 billion and imports from Vietnam were $49.21 billion. The U.S. deficit with Vietnam was $39.53 billion.

15 Jan 2020 The trade balance of goods in 2019 was in a surplus of US$11.12 billion, the highest it's ever been. Vietnam's trade surplus this year has 15 Nov 2019 According to trade statistics of Vietnam Customs, in September 2019, Exports went down 9.8 %, to USD 23.36 billion and imports shrunk In the latest reports, Vietnam's Total Exports reached 18.6 USD bn in Feb 2020, an increase of 50.3 % year on year. Total Imports recorded 18.5 USD bn in Feb 7 Oct 2019 Vietnam's Jan-Sep trade deficit with China, its largest import market, ballooned by 50 percent year-on-year to $28 billion due to declining 23 Jan 2020 The statistic shows the import volume from and the export volume to Germany from Vietnam from 2008 to 2017. 10 Feb 2020 In January, Vietnam posted 19 billion USD in exports, down 15.8 Export-Import Department under the Ministry of Industry and Trade (MoIT).