Illustrative photo. GDP contracted 6.2% year-on-year in the third quarter of 2021, contrasting the 6.6% growth recorded in Q2. Vietnam exports for 2019 was $279.72B, a 7.79% increase from 2018. Vietnam's thermal coal imports seen resilient through 2021 ... Global export It is also projected to nearly double from $ 17.4 trillion to $ 29.7 trillion over the next decade, a report entitled "The Future of Trade 2030: Notable Trends and Markets" said. Crude oil export revenue in January to November is expected to rise . Vietnam Cashew exports in April 2021 reached 48,510 tons, earning 286.9 million USD, up 8.8% in volume and 10.6% in value compared to the previous month.The export price of cashew nuts in April 2021 increased by 1.7% compared to March 2021, reaching an average of 5,914 USD/ton. Vietnam to Eliminate U.S. Wheat Import Tariff Using EU materials and processing in your exports to Vietnam. (VOVWORLD) - Vietnam's export turnover is projected to record an annual average growth of 7% per year, hitting 535 billion USD by 2030, according to new research by Standard Chartered issued on Tuesday. (VAN) According to the Ministry of Industry and Trade, the exports of agricultural, forestry and fishery products increased in October, in which the exports of cassava, rubber and pepper had the biggest growth. Details may not equal totals due to rounding. import-2021 | import-2021 | THE VOICE OF VIETNAM Vietnam's Ministry of Industry and Trade in collaboration with the Norwegian Ministry of Trade, Industry, and Fisheries, the Vietnamese Embassy in Norway, the Norwegian Trade Policy Department (Innovation Norway), and other agencies will organise an online trade conference on November 25 to connect Vietnamese . Last year, the export value topped US$ 250 million. Vietnam's economy is expected to grow by 6.5 percent in 2021 subject to how the country can control the latest COVID-19 outbreak; The US remains Vietnam's biggest export market, followed by China and the EU. By contrast, Vietnamese imports totaled $ 131.31 billion, an increase of 36.4 percent. Vietnam Imports from China was US$84.2 Billion during 2020, according to the United Nations COMTRADE database on international trade. Vietnam imports for 2018 was $251.28B, a 13.66% increase from 2017. Vietnam to Eliminate U.S. Crude oil export revenue in January to November is expected to rise . Vietnam's exports, imports gain momentum Friday, December 3, 2021 | 19:08:58 (VOVWORLD) - Vietnam's export and import activities have recorded encouraging results this year. If the past is any indicator, U.S. companies may raise concerns in 2021 about Vietnam's growing export of electrical machinery to the United States. Vietnam sees record-high exports in 2020, but worries ... Vietnam's export turnover projected to hit 535 billion USD ... Merchandise imports to Vietnam increased by 3.1% compared to 2019. Vietnam Economy: New Covid-19 Wave Creates Downside Risks ... As per the 2021 record, the total exports of Vietnam are 26.55 billion USD that is about 10.5% less than last year's figure.. Due to the heavy demand from the manufacturing companies, Vietnam exports its wide range of products to foreign countries. Vietnam imports for 2017 was $221.07B, a 18.27% increase from 2016. Vietnam and Norway promote trade cooperation through online conference. Vietnam export sales According to a survey by Standard Chartered Bank, the average annual growth rate is 7% and is projected to reach $ 535 billion by 2030. Vietnam Imports from China - 2021 Data 2022 Forecast 2000 ... Report Name: Coffee Annual As the U.S.'s second-largest maritime trade partner, Vietnam sends a wide variety of goods to America, from furniture to food. According to the Ministry of Industry and Trade, by mid-October 2021, the country's import and export turnover of goods has reached more than 510 billion USD. Vietnam ranked No. 14 October 2021. Analysis of spandex import and export in Jan-Sep, 2021 ... The groups had learned that the ship COSCO PRIDE was to be loaded with 37 containers full of German plastic waste that were originally sent to Turkey but were now slated to be re-exported to Haiphong, Vietnam. Read more. Vietnam's Top 10 Exports 2020 Vietnam is . While 2021 export prospects depend on the global COVID-19 situation and economic recovery, Vietnam has made progress in diversifying export markets and products, while shifting away from traditional markets. Consumer prices rose 0.25% over the previous month in August, slowing down from the 0.62% rise . Better export volume in many industries. Export shipments amounted to 5.7 million mt in the first nine months of the year, rising by 78.1 percent compared to the same period of the previous year. 10 among U.S. trade partners in September. Vietnam Imports Services (2019) : $18.3B. September 29, 2021. Vietnam Imports from China - data, historical chart and statistics - was last updated on November of 2021. HEADLINES. Vietnam's share of the clothing market is second only to China's since last year. According to Vietnam's General Statistics Office, exports in the first four months of 2021 are estimated to have risen by 29.6% y/y to USD 104.9 billion, while imports likely increased 31.8% y/y to USD 103.3 billion, resulting in a trade surplus of USD 1.6 billion for the first four months of 2021. Vietnam exports for 2020 was $287.76B, a 2.87% increase from 2019. The plan was to offer the client warehouses in both North Vietnam & South Vietnam. Vietnam Top 10 Export Countries. Download Historical Data. Tuesday, November 30, 2021 | 18:41:00. In the near term, Vietnam's exports have shown . Wheat Import Tariff USAgNet - 11/17/2021 The announcement that Vietnam's government will eliminate a 3 percent tariff on U.S. wheat imports effective December 30, 2021, is welcome news to producers at home and their customers and wheat food processors in Vietnam. Phạm Viet Anh, Vietnam's ambassador to the Netherlands, said though the Dutch is small, it has a very important position in Europe as home to wholesalers. Total import and export turnover in the first 10 months of 2021 reached US$3.45 billion, up 52.7 per cent over the same period last year, in which, exports reached US$1.09 billion, up 11 per cent . VNA Wednesday, September 22, 2021 17:20. Vietnam's export turnover projected to hit US$535 billion by 2030 Wednesday, 08:46, 01/12/2021 Vietnam's export turnover is projected to record an annual average growth of 7% per year, hitting US$535 billion by 2030, according to a new research by Standard Chartered issued on November 30. Vietnam Weekly Update - 1 November 2021 Cập Nhật Hàng Tuần Việt Nam - 01 Thang 11 2021 BLawyers Vietnam 2nd November 2021 In this week's Legal Update: 1) Guidance on the tax declaration of branches located in a different province from the head office; 2) Tax incentive policies; and 3) The entrustment of importing goods for export production. Updated UK-Vietnam . The top services imported by Vietnam . Date: January 2020. Vietnam is a key driver of this global trade growth, with its exports projected to grow at an average annual rate of more 7 per cent to cross $535 billion by 2030. Exports and imports value by months of 2021. We look at Vietnam's sustainable trade industries suited for high-growth import and export. you cannot simply package or label a product from the EU and export it to Vietnam as a . The change in exports was -17.00 percent and the change in imports was 5.22 percent. Export value increased in all of tuna line products like fresh, frozen and dried. In the first quarter of 2021, Vietnam's fiber and yarn industry received good news about export value due to an improvement in demand and an increase in export fiber and yarn prices. Illustrative image (Photo: baodautu.vn) Hanoi (VNA) - Vietnam's export turnover is forecast to surpass 315 billion USD this year, which, however . HEADLINES. This is because the shrinking supplies of food grains are increasing concerns about food insecurity. This re-export was blocked today following a warning by environmental groups. HANOI : Vietnam's exports in November likely rose 18.5per cent from a year earlier to US$29.9 billion, government data showed on Monday. Vietnam Cashew Report May 2021: In May 2021, Vietnam Raw Cashew Imported Volume reached 220.000 tons, worth 330 million USD. The groups had learned that the ship COSCO PRIDE was to be loaded with 37 containers full of German plastic waste that were originally sent to Turkey but were now slated to be re-exported to Haiphong, Vietnam. Vietnam's top 10 exports accounted for over three-quarters (77.1%) of the overall value of its global shipments. If you want remove this page, please contact us. Merchandise Trade statistics data for Vietnam (VNM) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. The Global pandemic has prompted Vietnam and other countries to stockpile rice. Depending on the trade conditions, Vietnam imposes several different types of duties on the import and export of goods. The top three export markets of Germany, Italy, and the United States saw significant drops of 23.3, 18.5, and 17.9 percent Vietnam: Inflation increases in August. Exports in Vietnam averaged 8.20 USD Billion from 1990 until 2021, reaching an all time high of 29.65 USD Billion in March of 2021 and a record low of 0.54 USD Billion in February of 1997. Exports of fibers, clothes, and garments fell between 6 to 22 . Vietnam exports for 2018 was $259.51B, a 14.15% increase from 2017. Vietnam is by far the largest importer of corn in Southeast Asia and USDA forecasts it to be the fifth-largest importer globally in 2021/22. Minister of Industry and Trade Tran Tuan Anh reported that Vietnam exported $281.5 billion worth of products in 2020, up by 6.5 percent over 2019, and witnessed a record high trade surplus of $19.1 billion. Viet Nam News has reported that the value of Vietnam's cement and clinker exports rose by 28% to US$1.67bn. Vietnam Cashew Exported in 4/2021 Reached 48,510 Tons, Price average 5,914 USD/ton. 2021 : U.S. trade in goods with Vietnam. Vietnam exports for 2018 was $259.51B, a 14.15% increase from 2017. Goods imports grew up by $ 7.86 billion in 2020 (the value of merchandise imports to Vietnam was equal to $253 billion in 2019) List of Vietnam's import and export goods (version 2018 and amended) Vietnam's Ministry of Industry and Trade in collaboration with the Norwegian Ministry of Trade, Industry, and Fisheries, the Vietnamese Embassy in Norway, the Norwegian Trade Policy Department (Innovation Norway), and other agencies will organise an online trade conference on November 25 to connect Vietnamese . In 2019, Vietnam exported $16.6B worth of services. English version published on February 2021 Content: * Production and import-export of Vietnam seafood in Q.IV/2020 and the whole 2020, detail analysis in each key items (shrimp, pangasius, tuna, cephalopod and other marine products…) * Position of Vietnam in importing markets and comparison with competitors * Opportunities, challenges and prospects for Vietnam's seafood industry * Vietnam . With its annual fruit and vegetable imports of €35bil (RM167.7bil), accounting for 40% of global trade in the products, the EU is a promising market for Vietnam, he said. Download Historical Data. Officials, businesses discuss measures to boost export of fruits, vegetables to EU have 760 words, post on vietnamnews.vn at October 28, 2021. The Vietnam Custom Data shows that the country imports of plastic materials have increased by 17% in volume and sharply by 38.4% in value in the year 2021. Vietnam imported over 3.1 million tons of plastic worth nearly 5 billion US dollars in the first five months of this year, with a year on year rise of 19.9% in volume and 50.6% in value. This is cached page on VietNam Breaking News. The US continued to be Vietnam's largest export market with a turnover of $24.9 billion, up only 1.6 per cent. The contents of the general tariff schedule include: 1. In the accumulated from January to May 2021, Vietnam's exports totaled 130.94 billion dollars, an annual increase of 30.7%. While 2021 export prospects depend on the global COVID-19 situation and economic recovery, Vietnam has made progress in diversifying export markets and products, while shifting away from traditional markets. The top services exported by Vietnam in 2019 were Travel ($11.8B), Air transport ($2.36B), Sea transport ($831M), Miscellaneous business, professional, and technical services ($646M), and Financial services ($210M). According to the report, the Volume of raw cashew nuts (RCN) imported after 5 months of 2021 totaled 1.4 million tons, worth $2.2 billion (the highest in 16 years).Vietnam cashew companies said they had faced a shortage of raw cashew nut in 2021 years and to ensure . The country's full-year cement and clinker exports were 38.4Mt in 2021, with a total value of US$1.44bn. Vietnam's Jan-Nov crude oil exports were seen falling 31.4% from the same period last year to an estimated 3.01 million tonnes. Vietnam - US trade likely to reach 100 billion USD this year: 22/11 2021-2025 economic restructuring plan focuses on digital transformation: 22/11 Import-export revenue forecast to hit new record in 2021: MoIT: 18/11 Over 450 billion VND for Nhu Nguyet bridge on Hanoi-Bac Giang expressway: 15/11 In the past two years, Vietnam got access for mango to the United States and Chile, longan to Australia or litchi to Japan. Machinery including computers was the fastest grower among the top 10 export categories, up by 82.3% from 2019 to 2020. Vietnam's Jan-Nov crude oil exports were seen falling 31.4% from the same period last year to an estimated 3.01 million tonnes. For the first 10 months of 2021, exports likely rose 16.6 per cent year-on-year to US$267.93 billion and imports by 28.2 per cent to US$269.38 billion, translating into a trade deficit of US$1.45 . New Leadership in Vietnam In January 2021, Vietnam's Communist Party (VCP) held Import Category. NAWG Releases Joint Statement with U.S. See also: CPI increases by just 1.84 per cent in 11 months (November, 30 2021); Foreign capital flow in Việt Nam hits US$26.46 billion in 11 months (November, 30 2021); Two tonnes of Vietnamese frozen passion fruit marketed in Australia (November, 30 2021); Banks allowed to extend credit growth quota (November, 30 2021); Credit room expected to be extended at year-end (November, 30 2021) Meanwhile, the total import value was US$6.39 billion, down 8.76 percent compared to the same period last year. (Source: baodautu.vn) For imported goods, import duties must be paid before receipt of consumer goods. In the January-September period this year, steel production in Vietnam increased by 34.1 percent year on year to 24.8 million mt, while steel sales in the country rose by 32.5 percent year on year to 22.0 million mt. Month. When we at Sealand - A Maersk Company heard of this, we suggested that we enable the client with better forecasts, and a plan to manage their supply chain. Above all, Vietnam exports to the United States, China, Japan, South Korea, and Hong Kong. Vietnam received 45% of Southeast Asia's thermal coal imports in 2019 and with more coal-fired power plant projects in the pipeline, its low domestic coal production will continue . In the first two weeks of October 2021, the total import-export turnover of Vietnam reached more than 26 billion USD. 02.12.2021. . The client saw a lot of promise in the partnership on warehousing. Companies wishing to find in-depth information on a range of goods would be well advised to visit the website of Vietnam Customs. According to Russia's Federal Customs Service, in 2020, the two countries' bilateral trade stood at US$5.7 billion, up 15 percent from 2019 and 50 percent from 2016. Anh said Vietnam has one of the fastest export growth rates in the world. India is to export broken rice to Vietnam during January and February, 2021. Imports to Vietnam are expected to comprise 55 million mt of the total, up 22% from 45 million mt in 2019, and increase further to 55.2 million mt in 2021, it added. Vietnam has been allowed to export Siluriformes fish and fish products to the United States under the conditions described in the proposed rule ( 83 FR 47528 ). Export of German plastic waste to Vietnam has been blocked. In the past two years, Vietnam got access for mango to the United States and Chile, longan to Australia or litchi to Japan. Vietnam's export-import growth hits 10-year high 01/05/2021 (VOVWORLD) - Vietnam witnesses the growth of exports and imports in the first four months of 2021 hitting 10-year record high, reported the General Statistics Office Services exports turnover dropped by 10.8 per cent to $0.9 billion. In particular, frozen steamed tuna loin is increasingly popular in many markets. Vietnam imports for 2019 was $271.36B, a 7.99% increase from 2018. With its annual fruit and vegetable imports of 35 billion euros, accounting for 40 per cent of global trade in the products, the EU is a promising market for Vietnam, he said. Exports in Vietnam increased to 29.90 USD Billion in November from 28.87 USD Billion in October of 2021. By the end of October 2021, Vietnam's tuna exports reached nearly 594 million USD, up 9.5% over the same period in 2020. Preliminary data tables of months in 2021 about Exports of goods, Imports of goods, Imports and exports by country group, country and territory, Exports by some main country groups, countries, territories and by main goods, Imports by some main country groups, countries, territories and by main goods . Implementing unit: Hon Gai Port Border Gate Customs Branch. 01/02/2021 583. Wheat on Vietnam Eliminating U.S. Pham Viet Anh, Vietnam . Vietnam: Economy slumps into record contraction in Q3. Additionally, the research found that 41 per cent of global corporates currently do or plan to manufacture in Vietnam within the next five to 10 years. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. In the first half of 2021, Vietnam accounted for 6.3% of all U.S. maritime imports, having sent a total of 474,305 imports to U.S. ports from January to June.
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