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CARGO TRANSPORTATION LANE VIETNAM AND INDIA
Vietnam and India are important trading partners. In this article, HP Global overview some key points related to transportation of cargo import from India to Vietnam and export from Vietnam to India
Trade Turnover Vietnam – India Annually
Import – Export Turnover Vietnam – India
Period: 2015 – 2024
Unit: Million USD
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| Export (from Vietnam) | 2.472,42 | 2.687,19 | 3.758,06 | 6.543,81 | 6.672,84 | 5.235,24 | 6.280,67 | 7.961,83 | 8.498,78 | 9.064,51 |
| Import | 2.656,39 | 2.745,53 | 3.940,02 | 4.147,02 | 4.528,22 | 4.435,53 | 6.963,73 | 7.086,77 | 5.864,66 | 5.829,89 |
| Total trade | 5.128,81 | 5.432,73 | 7.698,07 | 10.690,83 | 11.201,07 | 9.670,77 | 13.244,41 | 15.048,59 | 14.363,44 | 14.894,40 |
| Trade Balance | (183,97) | (58,34) | (181,96) | 2.396,80 | 2.144,62 | 799,72 | (683,06) | 875,06 | 2.634,12 | 3.234,61 |
Source: Re-arrange from Statistics of Vietnam Customs Department
Export Turnover from Vietnam to India per Commodities
Which commodities that Vietnam export to India?
Export turnover from Vietnam to India:
|
Commodity
|
Units
|
2023 | 2024 |
Compare turnover (%)
|
||
| Volume | Value (USD) | Volume | Value (USD) | |||
| India | 8.498.777.239 | 9.064.509.251 | 106,66% | |||
| Fishery products | USD | 19.809.175 | 17.309.408 | 87,38% | ||
| Cashew nut | Ton | 3.697 | 20.767.018 | 5.180 | 29.190.669 | 140,56% |
| Coffee | Ton | 29.312 | 61.223.156 | 12.750 | 38.835.512 | 63,43% |
| Tea | Ton | 2.111 | 2.892.795 | 3.064 | 4.154.631 | 143,62% |
| Pepper | Ton | 12.849 | 48.466.158 | 10.584 | 51.712.951 | 106,70% |
| Pastrycooks, sweets and cereals products | USD | 2.669.605 | 2.792.265 | 104,59% | ||
| Animal fodders and animal fodder materials | USD | 13.116.240 | 20.333.662 | 155,03% | ||
| Coal | Ton | 704 | 350.417 | 156 | 67.255 | 19,19% |
| Chemicals | USD | 393.980.691 | 328.005.709 | 83,25% | ||
| Chemical products | USD | 117.495.789 | 143.493.629 | 122,13% | ||
| Plastics | Ton | 120.489 | 150.809.864 | 113.522 | 141.057.005 | 93,53% |
| Plastic products | USD | 89.469.816 | 183.654.268 | 205,27% | ||
| Rubber | Ton | 112.668 | 156.688.157 | 122.499 | 211.899.164 | 135,24% |
| Rubber products | USD | 22.898.880 | 18.912.502 | 82,59% | ||
| Bamboo and rattan products | USD | 38.172.211 | 38.747.807 | 101,51% | ||
| Wood and wooden products | USD | 121.915.855 | 212.566.874 | 174,36% | ||
| Yarn | Ton | 33.568 | 69.589.087 | 27.356 | 65.945.467 | 94,76% |
| Textiles and garments | USD | 174.221.228 | 179.361.264 | 102,95% | ||
| Foot-wears | USD | 182.916.919 | 130.921.317 | 71,57% | ||
| Textile, leather and foot-wear materials and auxiliaries | USD | 145.943.806 | 167.916.846 | 115,06% | ||
| Ceramic products | USD | 7.433.712 | 7.663.451 | 103,09% | ||
| Iron and steel | Ton | 967.595 | 715.252.232 | 768.816 | 697.894.754 | 97,57% |
| Iron and steel products | USD | 145.393.035 | 117.256.367 | 80,65% | ||
| Other base metals and other base metal products | USD | 628.520.762 | 742.745.746 | 118,17% | ||
| Computers, electrical products, spare-parts and components thereof | USD | 1.946.542.195 | 1.502.542.807 | 77,19% | ||
| Telephones, mobile phones and parts thereof | USD | 1.036.853.958 | 1.685.342.324 | 162,54% | ||
| Machine, equipment, tools and instruments | USD | 913.864.083 | 948.866.469 | 103,83% | ||
| Other means of transportation, parts and accessories thereof | USD | 164.771.732 | 203.017.393 | 123,21% | ||
| Other products | USD | 1.106.748.662 | 1.172.301.734 | 105,92% | ||
Source: Re-arrange from Statistics of Vietnam Customs Department
Import Turnover from India to Vietnam per Commodities
Which commodities that Vietnam import from India?
Import value from India to Vietnam:
|
Commodity
|
Units
|
2023 | 2024 |
Compare turnover (%)
|
||
| Volume | Value (USD) | Volume | Value (USD) | |||
| India | 5.864.659.715 | 5.829.894.431 | 99,41% | |||
| Fishery products | USD | 333.701.930 | 285.093.751 | 85,43% | ||
| Fruits and vegetables | USD | 69.670.808 | 57.563.274 | 82,62% | ||
| Maize (corn) | Ton | 1.182.286 | 367.390.183 | 2.619 | 6.931.608 | 1,89% |
| Animal, vegetable fats and oils | USD | 7.719.664 | 13.292.060 | 172,18% | ||
| Animal fodders and animal fodder materials | USD | 507.803.287 | 190.702.480 | 37,55% | ||
| Tobacco materials | USD | 6.384.704 | 5.549.851 | 86,92% | ||
| Ores and other minerals product | Ton | 198.39 | 23.923.951 | 221.655 | 26.167.910 | 109,38% |
| Other petroleum products | USD | 14.154.730 | 18.941.553 | 133,82% | ||
| Chemicals | USD | 278.739.156 | 251.896.571 | 90,37% | ||
| Chemical products | USD | 131.090.514 | 184.327.035 | 140,61% | ||
| Pharmaceutical materials | USD | 83.390.087 | 79.531.614 | 95,37% | ||
| Pharmaceutical products | USD | 273.518.231 | 335.706.632 | 122,74% | ||
| Fertilizers | Ton | 1.35 | 1.961.446 | 2.989 | 3.194.271 | 162,85% |
| Insecticides, rodenticides and materials | USD | 86.290.665 | 99.732.961 | 115,58% | ||
| Plastics | Ton | 82.037 | 102.295.198 | 132.576 | 152.810.235 | 149,38% |
| Plastic products | USD | 30.292.441 | 38.731.703 | 127,86% | ||
| Rubber | Ton | 17.410 | 29.967.159 | |||
| Rubber products | USD | 15.738.713 | 25.600.655 | 162,66% | ||
| Paper | Ton | 28.644 | 19.057.411 | 34.523 | 30.695.280 | 161,07% |
| Cotton | Ton | 61.126 | 96.012.992 | 113.391 | 169.388.139 | 176,42% |
| Yarn | Ton | 41.641 | 117.155.032 | 60.300 | 170.386.588 | 145,44% |
| Fabrics | USD | 62.795.626 | 65.616.605 | 104,49% | ||
| Textile, leather and foot-wear materials and auxiliaries | USD | 83.931.884 | 93.318.000 | 111,18% | ||
| Precious stones, precious metal and articles thereof | USD | 144.385.928 | 178.809.279 | 123,84% | ||
| Iron and steel | Ton | 413.54 | 276.433.034 | 246.083 | 182.049.502 | 65,86% |
| Iron and steel products | USD | 33.835.483 | 56.602.099 | 167,29% | ||
| Other base metals | Ton | 127.466 | 321.264.912 | 166.381 | 433.308.288 | 134,88% |
| Computers, electrical products, spare-parts and components thereof | USD | 40.660.703 | 47.697.464 | 117,31% | ||
| Telephones, mobile phones and parts thereof | USD | 23.299.524 | ||||
| Machine, equipment, tools and instruments | USD | 439.837.561 | 539.909.779 | 122,75% | ||
| Motor vehicles | Unit | 69 | 7.787.877 | 108 | 18.574.742 | 238,51% |
| Parts and accessories of motor vehicles | USD | 304.805.718 | 423.793.196 | 139,04% | ||
| Other products | USD | 1.582.629.846 | 1.590.704.625 | 100,51% | ||
Source: Re-arrange from Statistics of Vietnam Customs Department
Shipping Time Vietnam India
Name of ports/airport and shipping times between Vietnam – India
-> See the Article: Cargo Shipping Vietnam – India
Trade relations between Vietnam and India
HP Global Logistics offers tax consultation services, import procedures, and customs services for the import and export of goods in Vietnam India. For inquiries, please contact our hotline at +84 886 115 726 or +84 984 870 199.
India and Vietnam, with historical roots in the common struggle for liberation from colonial rule and the national struggle for independence, share traditionally close and cordial bilateral relations. India initially maintained Consulate-level relations with the then North and South Vietnam and established full diplomatic relations with unified Vietnam on 7 January 1972.
In Sep 2016, during Prime Minister Narenda Modi’s visit to Vietnam, the relations were further elevated to a “Comprehensive Strategic Partnership”
ASEAN and the Republic of India went into the Framework Agreement on Comprehensive Economic Cooperation on October 8th, 2003. The Parties, on the basis of the Framework Agreement, signed an Agreement on Free Trade in Goods (effective on January 1st, 2010 – effective in Vietnam from 01 June 2010), an Agreement on Free Trade in Services (effective on July 1st, 2015) and an Agreement on Investment (effective on July 1st, 2015) with the aim of establishing an ASEAN – India Free Trade Area.
Under AIFTA, importers in Vietnam and India can enjoy special preferential import for many commodities
>> To check the updated legal documents related to special preferential import duty under the above FTA, see the below article: List of FTA Vietnam Joined
→ To check the updated trade relations (MFN, FTAs) between Vietnam and India at the article: Overview Of Trade Relations Between Vietnam And The World
Check import/export duty to/from Vietnam?
To check the update import duty / export duty for cargo import to / export from Vietnam to India, you can contact HP Global via email info@hpgloballtd.com or hotline ++84 886115726 / ++84 984870199 or search on website hptoancau.com as instructed in the image below
Select HP Global as the freight forwarder for your shipments Vietnam – India
HP Global is a freight forwarder with a top reputation in Vietnam.
→ Contact us for freight and inbound and outbound services for shipments to/from Vietnam – Email: info@hpgloballtd.com
Logistics HP Global Vietnam
Freight forwarder, Customs Broker and Vietnam Import/export license
Building No. 13, Lane 03, N003, Van Khe, La Khe, Ha Dong, Hanoi
Website: hpgloballtd.com / hptoancau.com
Email: info@hpgloballtd.com
Phone: ++84 24 73008608 / Hotline: ++84 984870199/ ++84 8 8611 5726/ Whatsapp: ++84 865996476
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