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Showing posts from October, 2022

Vietnam All Relevant Import and Export Statistics that you Must Know

Vietnam is an agriculture-oriented country and a majority of its workforce is engaged in agriculture. As per Vietnam Export Data , the story of exports started soon after the French colonization. The top exports of Vietnam are Broad casting equipment, telephones and integrated circuits, and textile foot ware. The great performance of the country over the past three decades has been heavily dependent on exports and foreign direct investment, with foreign invested companies accounting for 67.8% of the Vietnam’s total export turnover in 2019. As per Vietnam Import Export Data the main imports of the country are computer parts, instruments and accessories, iron and steel fabrics etc are top imports in the year 2020. The country heavily relies on imported machinery and equipment from China, followed by South Korea and Japan. Export of Vietnam in the 2022 The exports of Vietnam climbed 13.4% as it saw trade surplus with the United States, its largest export market, widening to an all time h...