Vietnam Export Data
Vietnam, a prosperous country in Southeast Asia, has seen a tremendous increase in its export business throughout time. The international export market is continuously changing, and Vietnam has established itself as a major player. Understanding the Vietnam export data is essential for organizations trying to take advantage of Vietnam's enormous potential.
According to the Vietnam export data, Vietnam's overall exports in 2022 totaled $371.3 billion, an increase of 10.5%—or $35.14 billion—over the prior year. In contrast, all types of footwear saw an increase of $6.15 billion, other machinery, equipment, tools, and spare parts saw an increase of $7.43 billion, textiles and apparel saw an increase of $4.82 billion, computers, electronic products, and components saw an increase of $4.74 billion, and seafood saw an increase of $2.04 billion. Statistics on Vietnam trade data show that the main economic sectors in Vietnam are agriculture, fishery, forestry, energy, mining, minerals, and manufacturing. According to the Export data on global trade, the USA, China, Japan, South Korea, and Hong Kong are Vietnam's major export partners. Vietnam's greatest source of foreign exchange earnings, smartphones, saw a dip of 8.3% in shipments in 2023, accounting for 4.4% of the country's total exports of $355.5 billion in 2023.