Top Export Trading Partners of Vietnam - Volza

Vietnam's primary export trading partners in 2023 are United States (25% of exports, $84 billion), China (15%, $50.4 billion), Japan (8%, $26.88 billion), South Korea (6%, $20.16 billion), and Germany (4%, $13.44 billion).

Key exports to these countries include electronics, textiles, footwear, machinery, and coffee. Trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) facilitate smoother trade flows.

Vietnam's GDP growth rate is estimated at 6.5%, with an inflation rate of 3.8%, positively impacting its export dynamics. Government incentives and strategic logistical advantages, such as its extensive port infrastructure, support a robust trade relationship, making Vietnam a crucial export market for these partners. The country's focus on high-value products and integration into global supply chains significantly influence its export dynamics.