Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Vietnam | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2020

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The value of merchandise exports from Vietnam totalled $ 281 billion in 2020. Merchandise exports from Vietnam increased by 6.36% compared to 2019. Goods exports grew up by $ 16.8 billion in 2020 (the value of merchandise exports from Vietnam amounted to $264 billion in 2019)

Vietnam's exports 2020 by country

Top export destinations of commodities from Vietnam in 2020:

  • USA with a share of 27% (77 billion US$)
  • China with a share of 17.3% (48 billion US$)
  • Japan with a share of 6.84% (19.2 billion US$)
  • Korea with a share of 6.79% (19.1 billion US$)
  • Hong Kong with a share of 3.7% (10.4 billion US$)
  • Netherlands with a share of 2.48% (6.99 billion US$)
  • Germany with a share of 2.35% (6.63 billion US$)
  • India with a share of 1.85% (5.23 billion US$)
  • United Kingdom with a share of 1.75% (4.95 billion US$)
  • Thailand with a share of 1.74% (4.9 billion US$)

Exports structure from Vietnam in 2020 represented by the following main commodity groups:

  • 39% (111 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 6.54% (18.4 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 6.13% (17.2 billion US$): 64 - Footwear, gaiters and the like; parts of such articles
  • 4.86% (13.7 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 4.73% (13.3 billion US$): 62 - Articles of apparel and clothing accessories, not knitted or crocheted
  • 4.25% (11.9 billion US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 2.05% (5.77 billion US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 1.89% (5.33 billion US$): 72 - Iron and steel
  • 1.83% (5.16 billion US$): 39 - Plastics and articles thereof
  • 1.8% (5.08 billion US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons

What did Vietnam export in 2020?

Vietnam's Top Exports in 2020:

  • 22% ($61 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 4.95% ($13.9 billion): 8542 - Electronic integrated circuits and microassemblies
  • 2.99% ($8.43 billion): 6404 - Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of textile materials
  • 2.46% ($6.94 billion): 9403 - Other furniture and parts thereof
  • 1.96% ($5.53 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 1.89% ($5.34 billion): 8529 - Transmission apparatus; parts suitable for use solely or principally with the apparatus of heading no. 8524 to 8528
  • 1.82% ($5.14 billion): 6403 - Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather
  • 1.77% ($4.99 billion): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
  • 1.62% ($4.56 billion): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals
  • 1.6% ($4.5 billion): 8528 - Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus

The value of merchandise imports to Vietnam totalled $ 261 billion in 2020. Merchandise imports to Vietnam increased by 3.1% compared to 2019. Goods imports grew up by $ 7.86 billion in 2020 (the value of merchandise imports to Vietnam was equal to $253 billion in 2019)

Vietnam's imports 2020 by country

Top trading partners (import sources) of Vietnam in 2020:

  • China with a share of 32% (84 billion US$)
  • Korea with a share of 17.9% (46 billion US$)
  • Japan with a share of 7.75% (20 billion US$)
  • Other Asia, nes with a share of 6.39% (16.7 billion US$)
  • USA with a share of 5.26% (13.7 billion US$)
  • Thailand with a share of 4.18% (10.9 billion US$)
  • Malaysia with a share of 2.51% (6.57 billion US$)
  • Indonesia with a share of 2.06% (5.38 billion US$)
  • Australia with a share of 1.78% (4.67 billion US$)
  • India with a share of 1.71% (4.48 billion US$)

Imports structure to Vietnam in 2020 represented by the following main commodity groups:

  • 36% (95 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 8.25% (21 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 6.08% (15.9 billion US$): 39 - Plastics and articles thereof
  • 4.94% (12.9 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 3.78% (9.9 billion US$): 72 - Iron and steel
  • 3.22% (8.42 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.03% (5.31 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 1.99% (5.2 billion US$): 60 - Knitted or crocheted fabrics
  • 1.73% (4.52 billion US$): 73 - Articles of iron or steel
  • 1.46% (3.81 billion US$): 23 - Residues and waste from the food industries; prepared animal feed

What did Vietnam import in 2020?

Vietnam's Top Imports in 2020:

  • 14.9% ($39 billion): 8542 - Electronic integrated circuits and microassemblies
  • 7.09% ($18.5 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 2.4% ($6.29 billion): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals
  • 1.76% ($4.62 billion): 8529 - Transmission apparatus; parts suitable for use solely or principally with the apparatus of heading no. 8524 to 8528
  • 1.57% ($4.1 billion): 8534 - Printed circuits
  • 1.46% ($3.84 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 1.44% ($3.77 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 1.37% ($3.59 billion): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 1.33% ($3.48 billion): 7208 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated
  • 1.24% ($3.26 billion): 6006 - Other knitted or crocheted fabrics

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