Frequent question: What can you import from Vietnam?

What can I export from Vietnam?

Made in Vietnam: The Country’s Top 10 Exports

  • Electrical equipment. …
  • Footwear. …
  • Electronics. …
  • Clothing. …
  • Coffee. …
  • Fish. …
  • Crude petroleum. …
  • Leather.

What are the top 5 items that Vietnam export?

Exports The top exports of Vietnam are Broadcasting Equipment ($42.3B), Telephones ($18.2B), Integrated Circuits ($15.5B), Textile Footwear ($10.6B), and Leather Footwear ($6.43B), exporting mostly to United States ($63.7B), China ($40.3B), Japan ($21.2B), South Korea ($20.3B), and Germany ($8.22B).

What can I import from Vietnam to USA?

The top U.S. imports from Vietnam are electric machinery and equipment, apparel and footwear, furniture, industrial machinery, fruits and nuts, leather goods, fish and iron and steel. Electric machinery and equipment is currently the top export from Vietnam to the U.S. and is also Vietnam’s No. 1 export worldwide.

What are the top 3 imports of Vietnam?

Vietnam main imports are computers, electrical products and parts (18 percent of total imports) and machine, instruments and accessories (16 percent).

What products come from Vietnam?

Vietnam is a key source of electronics, furniture, clothing, footwear, and fish for Americans. It also is a key global exporter of coffee, rice, and other food.

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What is Vietnam main source of income?

Leading Industries Of Vietnam

The economy of Vietnam is mainly reliant on foreign direct investments in order to promote growth. The largest industries here are services which make up 49.75% of the GDP, industry which makes up 33.25%, and agriculture which makes up 17% of GDP.

What American companies are in Vietnam?

Major US firms such as Apple, Intel, Qualcomm, Universal Alloy Corporation (UAC), Nike, and Key Tronic EMS have already moved production lines to Vietnam due to costs associated with the trade war. All these factors have helped increase trade between both countries since the normalization of diplomatic relations.

Who does Vietnam import from?

Vietnam imports from Japan worth US$ 19,533 million, with a partner share of 7.71 percent. Vietnam imports from Other Asia, nes worth US$ 15,181 million, with a partner share of 5.99 percent. Vietnam imports from United States worth US$ 14,377 million, with a partner share of 5.67 percent.

Is Vietnam a good country to trade with?

Vietnam was a major beneficiary of enhanced trade ties; in 2020, Vietnam held a USD 63.4 billion trade surplus with the United States. U.S. goods exports to Vietnam in 2020 were nearly USD 10 billion, slightly decreased from USD 10.9 in 2019 and an increase of 270 percent compared to 2010.

Is Vietnam duty free for US?

Most items being imported from Vietnam to the US are subject to a 0-25% import tariff, depending on their category. However, certain items cannot be exported from Vietnam or require special export permissions. For example, one cannot import petroleum and oil products from Vietnam to the US.

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What is Vietnam’s biggest import?

Industry Snapshots

Top Imports Import Value (2017)
Electronic goods/Computers US $37.5 billion
Machinery US $33.6 billion
Phones US $16.2 billion
Fabrics US $11.4 billion

What goods are exported and imported from Vietnam?

Vietnam Top Export Goods

Sl. No. Export Product Value (USD)
1 Electrical machinery 96 billion
2 Footwear, gaiters 18.9 billion
3 clothing accessories, not knitted, and crocheted 15.1 billion
4 clothing accessories, not knitted, and crocheted 14.8 billion