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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.
Although Vietnam has become an important U.S. security partner, the large trade gap is seen by analysts as a major risk for the export-reliant nation amid threats from Trump of across-the-board ...
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 ...
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
As of 2022, China's accounted for 15.5% of the total exports values of Vietnam and 32.9% of imports of Vietnam. [44] After both sides resumed trade links in 1991, growth in annual bilateral trade increased from only US$32 million in 1991 to almost US$7.2 billion in 2004. [45] By 2011, the trade volume had reached US$25 billion. [46]
Vietnam: 93.81%: 89.98%: ... 2023: Notes: Imports of goods and services represent the value of all goods and other market services received from the rest of the world.