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The main delivery was a naval corvette donated by India, data show, making 2023 arms imports Vietnam's lowest by volume since 2007 - other than 2020 during the COVID-19 pandemic.
In 2014, imports rose 12.1%, reaching US$148 billion, most of which are materials and machinery needed for export. China continued to be Vietnam's largest import partner, with US$43.7 billion. The ASEAN is second with US$23.1 billion, South Korea is third, Japan is fourth and the EU is the fifth largest import partner of Vietnam.
Country Imports (millions of $) . Year United States 3,375,948 2022 European Union [n 1] 2,743,745 [3]: 2022 China 2,706,601 2022 Germany 1,571,057 2022 Japan 898,099 ...
October 14 – Miss Earth Vietnam 2023 held in Ho Chi Minh City From October 20 – COVID-19 is no longer a particularly dangerous infectious disease (group A) October 29 – Decision 3983/QD-BYT, annulling 160 documents on COVID-19 epidemic prevention and control issued by the Ministry of Health , takes effect
Vietnam's import of raw cotton from China fell by 11% last year to 214,000 tons, but it was roughly twice as big as in 2018. China also exported to Vietnam at least $1.5 billion-worth of cotton ...
Vietnam's foreign trade has been growing fast since state controls were relaxed in the 1990s. The country imports machinery, refined petroleum, and steel; it exports crude oil, textiles and garments, and footwear. The balance of trade has in the past been positive but recent statistics (2004) showed that it was negative.
The U.S. and Vietnam also came to a Trade and Investment Framework Agreement (TIFA) in 2007. [5] Vietnam was recently the United States' 26th largest goods imports partner with $17.5 billion in 2011, [6] and was the 45th largest goods export market with $3.7 billion in 2010. [5]
The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Canada is the largest trading partner of the United States, followed by Mexico. [1]