US Is Vietnam’s Largest Importer

Vietnam’s exports to the US market in the first four months of the year surged to US$9.93 billion, up 15.7 percent compared to the same period last year, according to the statistics from the General Department of Vietnam Customs. 

The US continues to be Vietnam’s largest importer, followed by the EU with US$9.32 billion (up 9 percent), ASEAN with US$6.02 billion (a slight decrease of 0.5 percent) and China with US$4.82 billion (down 3.6 percent).

In the reviewed period, Vietnam’s exports to the Asian market reached US$24.63 billion.

Meanwhile, China remains the largest exporter to Vietnam with a turnover in the first 4 months reached US$15.3 billion, up 23.4 percent over last year’s corresponding period. It was followed by the Republic of Korea and ASEAN countries. 

Promoting Export to Optimise Market Opportunities

Promoting export to optimise market opportunities is the main theme of the Export Promotion of Vietnam Forum 2015, held recently in Hanoi.

SSIT Presentation April 2013

Carrix/SSA is the preeminent container terminal operator in the Western Hemisphere

Exports increase in three quarters

Vietnam's export turnover so far this year has amounted to 96.27 billion USD, an increase of 15.5 percent over the same period last year.

Vietnam Trade, Exports and Imports

As per the General Statistics Office (GSO) of Vietnam, the 2009 export turnovers were estimated to be US$56.6 billion, reflecting a drop of 9.7% from 2008.

Understanding Vietnam’s Import and Export Regulations

Once an investor has set up their trading company within Vietnam, it is important that their workers gain a strong understanding of the country’s import and export regulations and procedures.