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CARGO TRANSPORTATION LANE VIETNAM AND SAUDI ARABIA
Vietnam and Saudi Arabia are important trading partners. In this article, HP Global overview some key points related to transportation of cargo import from Saudi Arabia to Vietnam and export from Vietnam to Saudi Arabia.
Trade Turnover Vietnam – Saudi Arabia Annually
Import – Export Turnover Vietnam – Saudi Arabia
Period 2014 – 2023
Unit: Million USD
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Export (from Vietnam) | 534.26 | 534.06 | 394.08 | 432.11 | 332.50 | 349.84 | 437.89 | 371.03 | 717.94 | 1,131.29 |
| Import | 1,336.92 | 1,105.83 | 1,165.28 | 1,308.63 | 1,482.41 | 1,204.74 | 1,150.91 | 1,649.20 | 1,916.90 | 1,551.73 |
| Total trade | 1,871.18 | 1,639.89 | 1,559.36 | 1,740.74 | 1,814.91 | 1,554.58 | 1,588.80 | 2,020.24 | 2,634.83 | 2,683.03 |
| Trade Balance | (802.66) | (571.78) | (771.19) | (876.52) | (1,149.91) | (854.91) | (713.02) | (1,278.17) | (1,198.96) | (420.44) |
Source: Re-arrange from Statistics of Vietnam Customs Department
Export Turnover from Vietnam to Saudi Arabia per Commodities
Which commodities that Vietnam export to Saudi Arabia?
Export value from Vietnam to Saudi Arabia:
| Main exports | Units | 6 months 2023 | 6 months 2024 |
Compare turnover (%)
|
||
| Volume | Value (USD) | Volume | Value (USD) | |||
| Saudi Arabia | 509.446.616 | 775.192.150 | 152% | |||
| Fishery products | USD | 36.543.445 | 39.999.191 | 109% | ||
| Fruits and vegetables | USD | 5.271.143 | 7.108.087 | 135% | ||
| Cashew nut | Ton | 6.775 | 40.235.724 | 6.71 | 39.273.208 | 98% |
| Tea | Ton | 894 | 2.214.533 | 853 | 2.225.317 | 100% |
| Pepper | Ton | 1.764 | 5.789.976 | 1.966 | 8.470.851 | 146% |
| Rice | Ton | 16.551 | 10.689.597 | 20.443 | 15.451.257 | 145% |
| Pastrycooks, sweets and cereals products | USD | 2.819.041 | 4.209.434 | 149% | ||
| Chemical products | USD | 9.401.569 | 11.141.166 | 119% | ||
| Plastic products | USD | 2.808.106 | 4.017.653 | 143% | ||
| Rubber products | USD | 1.443.148 | 1.237.458 | 86% | ||
| Wood and wooden products | USD | 14.881.376 | 12.899.986 | 87% | ||
| Textiles and garments | USD | 29.257.286 | 22.998.651 | 79% | ||
| Iron and steel | Ton | 548 | 556.854 | 4.647 | 3.832.917 | 688% |
| Iron and steel products | USD | 11.294.985 | 2.828.174 | 25% | ||
| Computers, electrical products, spare-parts and components thereof | USD | 20.581.672 | 34.760.785 | 169% | ||
| Telephones, mobile phones and parts thereof | USD | 201.398.518 | 394.756.409 | 196% | ||
| Machine, equipment, tools and instruments | USD | 49.321.897 | 93.401.321 | 189% | ||
| Other means of transportation, parts and accessories thereof | USD | 5.667.365 | 5.370.620 | 95% | ||
| Other products | USD | 59.270.381 | 71.209.665 | 120% | ||
Source: Statistics from Vietnam Customs Department
Import Turnover from Saudi Arabia to Vietnam per Commodities
Which commodities that Vietnam import from Saudi Arabia?
Import value from Saudi Arabia to Vietnam:
| Main imports | Units | 6 months 2023 | 6 months 2024 |
Compare turnover (%)
|
||
| Volume | Value (USD) | Volume | Value (USD) | |||
| Saudi Arabia | 803.288.736 | 639.529.914 | 80% | |||
| Liquefied petroleum gases (LPG) | Ton | 355.269 | 227.224.817 | 187.428 | 125.438.400 | 55% |
| Chemicals | USD | 86.633.407 | 69.203.925 | 80% | ||
| Chemical products | USD | 873.307 | 322.256 | 37% | ||
| Fertilizers | Ton | 150 | 90 | |||
| Plastics | Ton | 434.966 | 459.745.437 | 395.823 | 409.530.034 | 89% |
| Iron and steel | Ton | 84 | 82.325 | 159 | 141.790 | 172% |
| Other products | USD | 28.729.443 | 34.803.508 | 121% | ||
Source: Statistics from Vietnam Customs Department
Shipping Time Vietnam Saudi Arabia
Name of ports/airport and shipping times between Vietnam – Saudi Arabia
-> See the Article: Cargo Shipping Vietnam – Saudi Arabia
Trade relations between Vietnam and Saudi Arabia
Vietnam and Saudi Arabia have the mutual most-favored nation (MFN) agreement, however, until now, there is no Free Trade Agreement between the two Countries. Cargo imported from Saudi Arabia to Vietnam can enjoy preferential import duty.
→ To check the updated trade relations (MFN, FTAs) between Vietnam and Saudi Arabia 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 Saudi Arabia, 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 – Saudi Arabia
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
Note:
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