Vietnam Trade Data to Know Vietnam's Exports and Imports

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Vietnam imported $22450 million in goods and services and exported $3000 million worth. The economic and GDP growth of a nation are directly related to these trade figures. The economic expansion in Vietnam increased by 5.31%. Data about Vietnam Trade

South East Asia includes Vietnam. The nation, which shares a border with China and Laos, has a lengthy South China Sea coastline. The 21st-largest country in the world is Vietnam. According to data on international trade, Vietnam imported $22450 million in goods and services and exported $3000 million worth. The economic and GDP growth of a nation are directly related to these trade figures. The economic expansion in Vietnam increased by 5.31%. Data about Vietnam Trade Data  is used by both the government and business world. As a major hub for sourcing and manufacturing, Vietnam is growing.

 

Data on Vietnam Imports 

 

Data on imports into Vietnam reveals that over the past fifteen years, imports have prospered. The government has heavily regulated the county. Vietnam is now a well-liked source of imports. Vietnam is spending a lot of money on construction projects.

as well as providing incentives to the sector to establish manufacturing. The middle-class population is rising quickly, which indicates a big captive market for imported goods. To conduct business within the nation, importers require an investment licence.

 

Vietnam trades substantially with other ASEAN nations. China, South Korea, Japan, Singapore, and Thailand are Vietnam's biggest trading partners. According to import data from Vietnam, the top imported goods include iron and steel, plastics, cars, mineral fuel and oil, electrical and mechanical apparatus, and iron and steel.  The projection indicates that by year's end, we should expect imports to total $23800 million.

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