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27 September 2024
Kunal
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Key Indicators
- 223,762,014
- 534,365
- Export Trading Partners235
- 253,881,977
- 897,917
- Import Trading Partners236
Overview
Vietnam Import Trade Overview
Introduction:
Vietnam's import market is crucial for supplementing its fast-growing economy, focusing on key sectors such as electronics, machinery, and consumer goods. These imports are integral to supporting the country’s manufacturing industry and meeting consumer demands, providing ample opportunities for global exporters.
Economic Overview:
With one of the fastest-growing economies in Asia, Vietnam's economic structure is heavily reliant on manufacturing and exports, with significant contributions from services and agriculture. Imports play a vital role in supplying the raw materials and advanced machinery necessary for production. Ongoing economic reforms aim to enhance industrial capabilities and reduce dependency on certain imports.
Political and Regulatory Environment:
Vietnam's stable political environment and pro-trade government policies foster a favorable climate for imports. Recent trade agreements, like the EVFTA (EU-Vietnam Free Trade Agreement), have further liberalized trade, reducing tariffs and opening new opportunities.
Opportunities and Challenges for Exporters:
Opportunities exist in filling supply chain gaps for high-tech products and consumer electronics. Exporters face challenges such as navigating complex customs procedures and adapting to local market preferences.
Top 10 Import Products:
- Electronic products (HS code: 8542) - Critical for tech manufacturing.
- Machinery (HS code: 8479) - Supports diverse industries.
- Fabrics (HS code: 5407) - Essential for the textile sector.
- Plastics (HS code: 3901) - Used in various manufacturing processes.
- Iron and steel (HS code: 7208) - Key for construction and machinery.
- Chemical products (HS code: 3204) - Vital for manufacturing and processing.
- Automotive parts (HS code: 8708) - Supports local vehicle production.
- Pharmaceuticals (HS code: 3004) - Crucial for healthcare.
- Seafood (HS code: 0307) - Important for processing industries.
- Cotton (HS code: 5201) - Base for garment manufacturing.
Top Buyers:
TOYOTA MOTOR VIETNAM CO.,LTD, CONG TY TNHH INVENTEC APPLIANCES VIET NAM, FAR EAST INTERNATIONAL CO., LTD
Solution for Global Exporters:
To effectively enter Vietnam's import market, global exporters should utilize Volza’s comprehensive online import data. This resource offers detailed insights and analytics, enabling exporters to identify market trends and seize opportunities promptly. Visit Volza to discover how you can optimize your export strategies to Vietnam.
Import Database - Factsheet
Data Source- Detailed data
- Data Available From
- 11, Jan, 2019
Data Coverage- 100%
Last Shipment- 30, Jun, 2024
Source : Volza Import Data
Vietnam
Import Data
Import Data
253,881,977 Bill of Ladings, 897,917 Buyers & 534,365 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaImport Data
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Reach out to the Vietnam Import market Identify verified and active business partners in Vietnam
Vietnam Import Data
Product | Importers | Suppliers | Arrival Date |
|---|---|---|---|
EXIDE BRAND BATTERIES LEAD ACID STORAGE | 30-04-2024 | ||
SCREW AIR COMPRESSOR MODEL EG 75-9 400V | 30-04-2024 | ||
INSTRUMENTS AND APPLIANCES USED IN MEDIC |   India | 30-04-2024 | |
POLISHED GRANITE SLABS | 30-04-2024 | ||
PA 6, 30% GF NL PART NO:RTPNYLNAG3006Z P | India | 30-04-2024 | |
Item Code- BHW-T4 2P C40 MCB 2P 4.5KA 40 | 30-04-2024 |
Top 10 Importers
Vietnam Top 10 Importers
Within our Volza database, we possess comprehensive information about over 10 active importers in Vietnam. To assist you in identifying the leading importers in Vietnam, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Vietnam are companies like HYUNDAI THANH CONG VIETNAM AUTO MANUFACTURING CORP, KIA CORPORATION , and TCIE VIETNAM PTE LTD. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 importers, and explore the additional resources provided below.
Vietnam Top 10 Importers
| Rank | Importers | Shipments |
|---|---|---|
1 | 516,772 | |
2 | 414,664 | |
3 | 139,210 | |
4 | 131,317 | |
5 | 92,781 | |
6 | 29,066 | |
7 | 28,371 | |
8 | 27,396 | |
9 | 25,818 | |
10 | 19,478 |
Data Source : Volza Import Data
Top 9 Import Products
Vietnam Top 9 Import Products
As the Vietnam import data reveals, the nation's top import products for 2024 were prominently characterized by:- Round Cut Diamond: 30.54%
- Automobile Component: 25.53%
- Bolts With Nuts: 21.08%
- Automotive Door: 9.33%
- Lamp Component: 6.08%
- Raw Shrimp: 3.06%
- Bumper Cover: 2.99%
- Black Granites: 1.37%
- Buffalo Rib: 0.03%
Vietnam Top 9 Import Products
| Rank | Import Products | Shipments |
|---|---|---|
1 | Round Cut Diamond | 4,915,650 |
2 | Automobile Component | 4,108,511 |
3 | Bolts With Nuts | 3,392,464 |
4 | Automotive Door | 1,502,115 |
5 | LAMP COMPONENT | 978,231 |
6 | Raw Shrimp | 493,240 |
7 | Bumper Cover | 480,666 |
8 | BLACK GRANITES | 220,629 |
9 | Buffalo Rib | 4,180 |
Data Source : Volza Import Data
Trading Partners
Top Trading Partners of Vietnam
Import Trading Partners
Export Trading Partners
Top 1 Import Trading Partners
Vietnam Top 1 Import Trading Partners
Vietnam trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 3,754,464).
The growth rates for the leading three importers were as follows: India at 100.00% .
Trade balance analysis reveals that Vietnam had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Vietnam import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Vietnam’s major imports from India include Automobile Component, Bolts With Nuts, Automotive Door, Bumper Cover, BLACK GRANITES, Round Cut Diamond, LAMP COMPONENT, Raw Shrimp, Buffalo Rib, products. The provided chart below breaks down the values in percentile of Vietnam’s top 1 import partners for 2024.
Vietnam Top 1 Import Trading Partners
| Rank | Import Trading Partners | Shipments |
|---|
Data Source : Volza Import Data
Import Data Sample record
Vietnam Import Data Sample record
Vietnam import data covers all important shipping details that are essential for businesses to find importers in Vietnam, analyze market trends and identify potential industries. Vietnam trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Vietnam import data sample with complete number of fields available in data.
Vietnam Import Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 85071000
- Quantity:
- 60
- Quantity Unit:
- NOS
- Value FC:
- 4,137.6
- Value:
- HS Descirption:
- Electric accumulators, including separators therefore, whether or not rectangular (including square)
- Exporter:
- EXIDE INDUSTRIES LIMITED
- Importer:
- L S BATTERY PTE LTD
Data Source : Volza Import Data
Vietnam Import Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Import Data
Top 10 Import Ports
Vietnam Top 10 Import Ports
Vietnam's global import trade operates through over 10 ports. Haiphong stands as the predominant port, handling 1,530,283 import shipments, which constitutes a 41.13% market share. Ho Chi Minh City follows with an 20.61% share, accounting for 766,634 shipments, while Da Nang contributes a 19.80% market share with its 736,612 shipments. For detailed import trade statistics of each port in Vietnam, refer to the provided links below. Collectively, these ports underscore the integrated nature of Vietnam's trade infrastructure. As the trade data indicates, these crucial import ports facilitate the consistent delivery of essential goods across Vietnam.
Vietnam Top 10 Import Ports
| Rank | Importers | Count |
|---|
Data Source : Volza Import Data
Import Bill of Lading
- Import Shipments of Vietnam
- 253,881,977
- Date
- 30-04-2024
- Shipper Name
- NHUT TAN SERVICES TRADING
- Consignee Name
- EXIDE INDUSTRIES LIMITED
- Weight Unit
- NOS
- Quantity
- 60
- Shipment Origin
- India
- Port of origin
- Jnpt