Exports from Vietnam dropped 14.3 percent year-on-year to USD 19 billion in January of 2020, boosted by sales of phones and components (-22.4%); textiles and garments (-21%);footwear (-9.7%); machinery, equipment and spare part (-6.5%). Conversely, exports rose for: electronics, computers and components (5.6%), wood and wooden products (1.4%). Exports fell to the US, Vietnam's largest export market (-7.6%), the EU countries (-30.8%), the ASEAN countries (-34.8%), Japan (-15.8%), and South Korea (-29.3%), while rose to China (32.8%).

Exports in Vietnam averaged 7097.98 USD Million from 1990 until 2019, reaching an all time high of 25885 USD Million in August of 2019 and a record low of 537 USD Million in February of 1997. This page provides the latest reported value for - Vietnam Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: General Statistics Office of Vietnam

Exports in Vietnam is expected to be 23600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Vietnam to stand at 23700.00 in 12 months time. In the long-term, the Vietnam Exports is projected to trend around 25400.00 USD Million in 2020, according to our econometric models.

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Vietnam Exports

Actual Previous Highest Lowest Dates Unit Frequency
19000.00 22560.00 25885.00 537.00 1990 - 2020 USD Million Monthly

Vietnam Exports
In the last years, Vietnam's exports have doubled as competitive minimum wage and low costs of utilities boosted foreign direct investment in the manufacturing sector. Vietnam main exports are: telephones, mobile phones and parts thereof (21 percent of total shipments) and textiles (12 percent). Others include: computers and electrical products (12 percent); shoes and footwear (7 percent) and machinery, instruments and accessories (6 percent). Main export partners are: the United States (19 percent of the total exports), China (16 percent) and Japan (8 percent). Others include: South Korea (7 percent), Hong Kong (4 percent) and Netherlands (3 percent).

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category