What Vietnam exports the most?

What are Vietnam’s main exports?

Vietnam main exports are: telephones, mobile phones and parts thereof (21 percent of total shipments) and textiles (12 percent). Others include: computers and electrical products (12 percent); shoes and footwear (7 percent) and machinery, instruments and accessories (6 percent).

What is the number 1 export of Vietnam?

Exports The top exports of Vietnam are Broadcasting Equipment ($42.3B), Telephones ($18.2B), Integrated Circuits ($15.5B), Textile Footwear ($10.6B), and Leather Footwear ($6.43B), exporting mostly to United States ($63.7B), China ($40.3B), Japan ($21.2B), South Korea ($20.3B), and Germany ($8.22B).

What does Vietnam produce the most?

Rice is the most important crop. It is grown principally in the Red and Mekong river deltas. Other major food crops are sugarcane, cassava (manioc), corn (maize), sweet potatoes, and nuts. Agriculture is highly labour-intensive in Vietnam, and much plowing is still done by water buffalo.

What country does Vietnam export to the most?

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
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What are Vietnam imports and exports?

Vietnam Exports and Imports of Product Groups 2019

Vietnam Raw materials exports are worth US$ 20,125 million, product share of 7.61%. Vietnam Raw materials imports are worth US$ 26,300 million, product share of 10.38%. Vietnam Intermediate goods exports are worth US$ 33,652 million, product share of 12.72%.

What are Vietnam major imports and exports?

Top 10

  • Electrical machinery, equipment: US$96 billion (34.3% of total imports)
  • Machinery including computers: $26.9 billion (9.6%)
  • Plastics, plastic articles: $15.2 billion (5.4%)
  • Optical, technical, medical apparatus: $10 billion (3.6%)
  • Iron, steel: $9.8 billion (3.5%)
  • Mineral fuels including oil: $8.8 billion (3.1%)

Does Saigon have a most popular export?

With a population of over 95 million and Southeast Asia’s fastest-growing middle class, Vietnam clearly represents an important market for foreign goods.

Current state of Vietnam’s economy.

Export Markets Export Value (2017)
Germany US $10.92 billion

Who does Vietnam trade with the most?

China is Vietnam’s leading trading partner with a total import and export value of US$106.7 billion, making up 22.2% the country’s total imports and exports. Nine ASEAN member states with US$56.3 billion (making up 11.7%) and the European Union with US$55.8 billion (accounting for 11.6 %).

What famous products are made in Vietnam?

Made in Vietnam: The Country’s Top 10 Exports

  • Electrical equipment. …
  • Footwear. …
  • Electronics. …
  • Clothing. …
  • Coffee. …
  • Fish. …
  • Crude petroleum. …
  • Leather.

What are Vietnam Major imports?

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).

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What food does Vietnam Export?

According to reports, Vietnam ranks 1st when it comes to producing and exporting different kinds of food and beverage products. These include vegetables and fruits, dairy products, coffee, meat, and seafood. Vietnam’s food and beverage sector hold an enormous portion of the country’s gross domestic product.

How does Vietnam make most of its money?

Vietnam has become a leading agricultural exporter and served as an attractive destination for foreign investment in Southeast Asia. In the current period, Vietnam’s economy relies largely on foreign direct investment to attract the capital from overseas to support its continual economic rigor.

What is the main trade of Vietnam?

Vietnam is a leading exporter of rice, coffee, rubber, pepper and cashews. In more recent years, aquaculture and fruit production have also increased and become more export-oriented. Coffee production is expected to increase 8.3 per cent from 2017 to 2021, sugar production 23 per cent and milk production 62.4 per cent.

What country does Vietnam Trade with?

In 2019, Vietnam major trading partner countries for exports were United States, China, Japan, Korea, Rep. and Hong Kong, China and for imports they were China, Korea, Rep., Japan, Other Asia, nes and United States.