India and Vietnam enjoy a strong bilateral relationship with trade and cultural links dating back to the 2nd century. India granted most favored nation status to Vietnam in 1975. The Indo-Vietnam Joint Business Council has worked to promote business relationship between the two nations since 1993. Bilateral trade between the countries has increased since they have both liberalized. India Trade data the total trade between the two nations is approximately 13.7 billion dollars registering an increase of 6.76% since last year. Vietnam is India’s 19 largest trade partner and the 11th largest export destination globally. Vietnam is India’s fourth largest trading partner in ASEAN. The two countries aim to increase their bilateral trade to 15 billion dollars till 2020. India sees a major role for Vietnam in its “Act East” policy.
India’s export data shows that the total export between the two countries amounted to 8.17 billion dollars. India exports a lot of agricultural commodities to Vietnam. Some of the top exports to Vietnam are -
According India import data the total imports between India and Vietnam was 7.22 billion dollars. The top imports from Vietnam are -
Vietnam import data shows that India contributed 4% to the total Import to Vietnam. The data shows that besides agricultural imports other significant imports from India are -
The main port in Vietnam used for imports are Phong, Da Nang, Qui Nhon, and Ho Chi Minh City.
Vietnam Importers Data is vital information for anyone wanting to sell their products in Vietnam. The data is taken from the shipping manifest. You can get their contact information, products they deal in and the countries they import form. This information can be used both by exporters and by manufacturers to formulate their strategies. Some Vietnam Importers are -
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