Pigs and poultry (chicken and ducks) are less geographically . Research expert covering historical data. The value of exports of commodity group 1006 "Rice." from Vietnam totalled $ 2.79 billion in 2020. 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 latest available trade, tariff, trade barriers and other trade related data Click Here . Singapore is a market in the group of 10 countries with the largest turnover in total rice exports of Vietnam. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Inflation is expected to increase above 3% in 2020 and 2021. The value of exports of commodity group 04 "Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included" from Vietnam totalled $ 175 million in 2020. For 2020/21, Bangladesh rice production is forecast down 2 percent due to inclement weather and . Vietnam Service Trade data from WDI 2019. Please check the Data Availability for coverage. 6.84% (19.2 billion) - Japan. TABLE. . A swine flu pandemic has put upward pressure on prices, but Vietnam's strong currency and low oil prices help to keep inflation at a manageable level. Export Partners. Exports of goods and services (% of GDP) (2020) 106.12%: Imports of goods and services (% of GDP) (2020) 103.2%: Trade Partners . 2019. Details may not equal totals due to rounding. Trade Map covers yearly trade data for 220 countries and territories and all 5,300 products of the Harmonized System. 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 . Select desired data. Vietnam's share of the clothing market is second only to China's since last year. Vietnam surpassed Bangladesh in exporting textile and clothing products in the first six months of 2020. According to data from the Society of Aquaculture Professionals (SAP), production in India's shrimp-farming states of Odisha, West Bengal, Andhra Pradesh, and Gujarat, all fell in 2020. Year over year, the value of globally exported coffee gained 5.8% from 2019 to 2020. Vietnam was a major beneficiary of enhanced trade ties; in 2020, Vietnam held a USD 63.4 billion trade surplus with the United States. This page provides forecast and historical data, charts, statistics, news and updates for Vietnam Net Exports. 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. Indian companies such as Adani Group, Mahindra, SRF, HCL and Suzlon . Classification. . Vietnam exports for 2017 was $227.35B, a 18.29% increase from 2016. This page provides the latest reported value for - Vietnam Imports - plus previous releases . In 2020, the value of coal exports from Vietnam amounted to 119.62 million U.S. dollars. All or a valid period. (Updated on 07/07/2020) On May 25, 2020, the Government issued Decree No. Near-final data . Export increased by 0.2% to $122.79 billion and import reduced 2.9% to $117.3 billion. Based on Vietnam's export data of the year 2019, Vietnam was the world's 22d largest exporter in the world. View 62 shipments from bill of entry filed at Japan to Vietnam customs. Nearly all of the World Bank Group's client countries are surveyed in every three year cycle. 1. 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. The coal export value in the country had been decreasing drastically in the last decade. Vietnam Exports to Japan was US$19.27 Billion during 2020, according to the United Nations COMTRADE database on international trade. The Ly Dynasty (11 th-13 th century) ruled the first independent Vietnamese state, which was known as Dai Viet, and established their capital at Thang Long (Hanoi). remaining the country's primary markets. Vietnam exports for 2019 was $279.72B, a 7.79% increase from 2018. Despite the challenges of the COVID-19 pandemic, Vietnam's economy has remained resilient, expanding by 2.9 percent in 2020—one of the highest growth rates in the world—and growth is projected to be 6.5 percent in 2021, thanks to strong economic fundamentals, decisive containment measures and well-targeted government support, according to . Per U.S. Census data, Vietnam's total trade with the United States was $8.69 billion in November 2020, a change of 36.12 percent from the same month one year ago. USA was the largest market for exports from Vietnam in 2020 ($ 77 billion or 27% of total exports). UPDATE FILE FOR VIETNAM'S IMPORT-EXPORT TARIFF IN 2020. Imports in Vietnam decreased to 29.80 USD Billion in November from 26.13 USD Billion in October of 2021. According to Vietnamese Custom, in H1 2020, total trade hit $240.1 billion, (-1.4% vs the same time last year). 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. This represents a 4-percent decline from 2019, and a 16-percent decline from a record-setting 2018. 2020 : U.S. trade in goods with Vietnam. The statistic shows the value of goods exported from Vietnam from 2010 to 2020. 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 was the United States' 28th largest goods export market in 2020. Vietnam. Here is an infographic that explained the Vietnam's Export figure beautifully: Vietnam Top Export Goods. According to the General Statistics Office of Vietnam data, during the January-June period of 2020, Vietnam, the closest competitor of Bangladesh, earned $13.18 billion from exporting textile and sewing products. Exports and foreign investment were robust. Exports in Vietnam increased to 27.30 USD Billion in October from 27.03 USD Billion in September of 2021. source: General Statistics Office of Vietnam. Vietnam, Imports of goods and services as percentage of GDP is 103.60 %. The country's total export sales in December 2020, amounting to USD 5.74 billion, decreased at an annual rate of -0.2 percent, from a 4.0 percent annual increase in the previous month and a 21.6 percent annual increase in December 2019. As of October 2020, Vietnam exported approximately 2.16 million metric tons of white rice 5%, making it the leading rice grade among the country's total rice exports. Vietnam, Service imports (BoP, current US$) is 18,988,000,000.00. Vietnam emerging middle class is about 13% of the total population (or about 12 million people) Vietnam's . Type of product & Frequency. India Exports 13,700 14,400 700 Large fourth-quarter shipments Vietnam Exports 6,200 6,100 -100 As per the market research reports the total value of Vietnam exports was estimated at around $264.6 billion in 2019. Country Export USD$ In 2020, goods with a value of . In 2020, the export of animal or vegetable fats and oils exports from Vietnam to the European Union decreased by 47.4 percent. The Vietnam Customs Statistics announced that in the second half of September, 2020 the total Vietnam's exports of US dollars 14.49 billion and imports of nearly US dollars 12.44 billion resulted in a trade surplus of US dollars 2.05 billion. Table reflects only those months for which there was trade. Our Vietnam customs data covers shipment information of commodities which are imported or exported by the country. 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. Retail sales of goods and services at current prices by province. In 2020, phones and the related components exports had the largest turnover amongst Vietnam's major commodities exports, at approximately 51 billion U.S. , Aug 17, 2021. And India's shrimp exports dropped 14 percent year-on-year to 575,000 MT in 2020, with the U.S., China, and the E.U. The 2020 gross domestic product, although lower than in . 2. Indian imports from Vietnam for FY 2020-21 were valued at $6.12 Billion, the primary commodities being electrical machinery and equipment, chemicals, copper and agro-based commodities. B. TEXT. Top 10 Export Countries. 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.Next to that Vietnam exports footwear and gaiters in large quantities . Vietnam has been allowed to export Siluriformes fish and fish products to the United States under the conditions described in the proposed rule ( 83 FR 47528 ). July 7, 2020. Vietnam Exports. With the help of our customs-based Vietnam trade data, you can determine factors for driving . Vietnam's total export and import turnover in the first five months was 196.84 billion USD, a 2.8 percent drop year-on-year, according to the General Statistics Office . Authentic Japan to Vietnam Export data of Beard for market research & supply chain analysis of Beard Export shipments. U.S. goods exports to Vietnam in 2020 were nearly USD 10 billion, slightly decreased from USD 10.9 in 2019 and an increase of 270 percent compared to 2010. Vietnam Export Trade Data. Vietnam's total export value of farmed shrimp increased from $3.1bn in 2019 to $3.3bn in 2020, an 8% increase. Retail sales of goods and services at current prices by kind of economic activity. Global Market Analysis. The most recent exports are led by Broadcasting Equipment ($42.3B), Telephones ($18.2B), Integrated Circuits ($15.5B), Textile Footwear ($10.6B), and Leather Footwear ($6.43B). Description. Accordingly, the total value of export and import turnover of . Ancient Vietnam was centered on the Red River Valley and was under Han Chinese rule until approximately the 10 th century. For at a glance i.e. Monthly datasets may mix codes from multiple HS revisions and are provided as is except for standardization of trade flow and partner information, as well as conversion to U.S. dollars. WITS TradeStat Database is designed with the purpose of providing the latest international merchandise and commercial services trade data and overview of country and region's imports and exports, tariff and non-tariff measures. 2020 marks a successful year for Vietnam exports. Due to the global economic slowdown exports are forecast to contract 5.5% in 2020 after robust annual growth rates 2019 and 2018. (Figure 2, and Tables A and 2) Total export turnover was 99.36 billion USD, a yearly drop of 1.7 percent, while imports reached 97.48 billion USD, down 4 percent year-on-year. The United States is Vietnam's second-largest supplier of agricultural goods, following China. Download Historical Data. Merchandise trade statistics do not cover goods in transit . Data. In FY2020, surveys were conducted in 24 countries. Absolute taxes, mixed taxes, and import duties . The change in exports was -7.87 . Vietnam's weaker local currency makes its exports paid for in stronger US dollars relatively less expensive for international buyers. Exports of goods and services (constant 2015 US$) Exports of goods and services (% of GDP) Official customs data indicates total exports of all fishery products in 2020 was $8.4 billion, making catfish exports a substantial contributor to aquaculture and fishery export values. EXPORTS. Amid severe impacts of the Covid-19 pandemic, Vietnam's exports remain a spotlight of . The Country Opinion Survey in Vietnam assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Vietnam perceive the WBG. Similar values. Meanwhile, imports in November were estimated up 20.8 percent to $29.8 billion, resulting in a trade surplus of $100 million for the month, the General Statistics Office (GSO) said in a statement.
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