What are the top 3 imports of Vietnam?

What are the top 3 imports of Vietnam?

U.S. imports from Vietnam account for 2.7% of overall U.S. imports in 2019. The top import categories (2-digit HS) in 2019 were: electrical machinery ($22 billion), knit apparel ($7.7 billion), furniture and bedding ($7.2 billion), footwear ($7.0 billion), and woven apparel ($5.8 billion).

What does China export to Vietnam?

Vietnam exports to China Value Year
Edible fruits, nuts, peel of citrus fruit, melons $1.97B 2020
Rubbers $1.94B 2020
Machinery, nuclear reactors, boilers $1.52B 2020
Iron and steel $1.49B 2020

What are Vietnam main imports?

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

What is Vietnam’s biggest import?

Top 10

  • Electrical machinery, equipment: US$96 billion (34.3% of total imports)
  • Machinery including computers: $26.9 billion (9.6%)
  • Plastics, plastic articles: $15.2 billion (5.4%)
  • Optical, technical, medical apparatus: $10 billion (3.6%)
  • Iron, steel: $9.8 billion (3.5%)
  • Mineral fuels including oil: $8.8 billion (3.1%)

What is Vietnam’s main religion?

The government census of 2019 shows that Catholicism, for the first time, is the largest religious denomination in Vietnam, surpassing Buddhism. Ecclesiastical sources report there are about 7 million Catholics, representing 7.0% of the total population.

What does the US import from Vietnam?

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.

Are Vietnam and China allies?

Although the PRC assisted North Vietnam during the Vietnam War, relations between the two nations soured following Vietnam’s reunification in 1975. However, the two countries remain in dispute over territorial issues in the South China Sea.

What does China and Vietnam trade?

Major export items of Vietnam to China include smartphones, computers, machinery and wood, while imports include computers, machinery, materials for garment and footwear industries and smartphones. Vietnam’s largest trade partner is also a leading foreign investor.

What is the best business to start in Vietnam?

Top 10 business investment opportunities in Vietnam for SME

  1. Furniture Making and Remodeling.
  2. Garment and Textile Products.
  3. Construction and building Materials.
  4. Detergents and cosmetics.
  5. Agricultural Products Processing.
  6. Exportation.
  7. Real Estate.
  8. Restaurant and Bar.

Who is Vietnam’s biggest trading partner?

China
Vietnam top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 61,404 23.21
China 41,434 15.66
Japan 20,427 7.72
Korea, Rep. 19,729 7.46

Who is the god of Vietnam?

Mau Lieu Hanh is the main goddess in the belief to worship women in Vietnam and also one of the 4 immortal gods (Son Tinh – the Mountain Spirit, Thanh Giong, Chu Dong Tu, and Lieu Hanh Holy Mother). It is also believed that the other two goddesses were other avatars of her in the human world.

What are the main exports of Vietnam?

Vietnam’s main exports include: crude oil. textiles and garment. rice. coffee. rubber. coal. aquaculture. processed forest products.

What are Vietnam’s major products?

The major exports are crude oil, marine products, rice, coffee, rubber, tea, mobile phones, garments , and shoes . The main imports are machinery and equipment, petroleum products, fertilizer, steel, cotton, grain, and motorcycles. Vietnam’s main trading partners are China, Singapore, the United States, Japan, and South Korea.

What does Vietnam import and export?

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.

What are some major imports?

New and used cars

  • and other special vehicles
  • Crude oil
  • Pharmaceutical preparations
  • Vehicles spare parts and accessories
  • Cell phones and computers
  • Cell phone and computer accessories
  • Household goods
  • Telecommunications equipment
  • Industrial machines and supplies