Top Import Products from India to Vietnam

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14-Jan-2025

Overview

As the Vietnam import data reveals, the nation's top import products for 2023 were prominently characterized by:

> Machinery: 18%

> Electronics: 17%

> Fabric: 14%

> Plastics: 11%

> Chemicals: 9%

> Iron and Steel: 8%

> Fuels: 7%

> Vehicles: 6%

> Pharmaceuticals: 5%

> Metals: 4%

These top 10 import items represented a significant 99% of Vietnam's total import value for 2023. When analyzing Vietnam's customs records, it's evident that the fastest-growing import categories were Machinery (USD 18 billion), Electronics (USD 17 billion), and Fabric (USD 14 billion) showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the Machinery, Electronics, Fabric, and Plastics.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Vietnam’s top 10 import commodities for 2023.

YOY and MOM comparison of growth and share of top Import Products from india to vietnam

Top Import Products from india to vietnam

YOY comparison of growth and share of top Import Products of Vietnam

MOM comparison of growth and share of top Import Products of Vietnam

Import Products from india to vietnam
100

1M 3M 6M 1Y 3Y ALL

Top Products		2023	2022	Growth%	2023 Share	2022 Share
Parts and accessories of the motor vehicles of headings 8701 to 8705 HSN Code: 87089900 87082995 87082900 Importers : Vietnam Importers 542 Vietnam Importers Shipment 1,245,400	Value	$416,910,780	$495,298,880.59	-15.83%	3.29%	3.91%
	Shipment	346,315	454,732	-23.84%	31.33%	36.83%
Meat of bovine animals, Frozen HSN Code: 02023000 02021000 02022000 Importers : Vietnam Importers 250 Vietnam Importers Shipment 119,031	Value	$1,182,936,417.16	$965,631,007.39	22.50%	9.35%	7.62%
	Shipment	42,904	45,054	-4.77%	3.88%	3.65%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles : HSN Code: 73181510 73181500 73182200 Importers : Vietnam Importers 1,444 Vietnam Importers Shipment 97,644	Value	$5,945,269.08	$5,331,134.04	11.52%	0.05%	0.04%
	Shipment	24,269	36,493	-33.50%	2.20%	2.96%
Electrical lighting or signalling equipment (excluding articles of heading 8539), Windscreen wipers, Defrosters and demisters, Of a kind used for cycles or motor vehicles HSN Code: 85122020 85122099 85122010 Importers : Vietnam Importers 265 Vietnam Importers Shipment 79,457	Value	$38,330,379.4	$61,527,821.21	-37.70%	0.30%	0.49%
	Shipment	22,920	30,745	-25.45%	2.07%	2.49%
Other articles of vulcanised rubber other than hard rubber HSN Code: 40169911 40169990 40169390 Importers : Vietnam Importers 1,281 Vietnam Importers Shipment 77,152	Value	$12,577,080.12	$16,973,807.56	-25.90%	0.10%	0.13%
	Shipment	21,339	30,028	-28.94%	1.93%	2.43%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For HSN Code: 85362013 85365090 85365099 Importers : Vietnam Importers 1,835 Vietnam Importers Shipment 70,185	Value	$60,238,672.12	$57,318,852.1	5.09%	0.48%	0.45%
	Shipment	23,200	23,441	-1.03%	2.10%	1.90%
Diamonds, Whether or not worked, But not mounted or set HSN Code: 71023900 71023910 71022900 Importers : Vietnam Importers 229 Vietnam Importers Shipment 63,783	Value	$153,862,673.99	$446,465,296.35	-65.54%	1.22%	3.52%
	Shipment	16,224	30,715	-47.18%	1.47%	2.49%
Worked monumental or building stone (except slate) and articles thereof, Other than goods of heading 6801; mosaic cubes and the like, Of natural stone (including slate), Whether or not on a backing; artificially coloured granules, Chippings and powder, Of HSN Code: 68029310 68022390 68029300 Importers : Vietnam Importers 692 Vietnam Importers Shipment 62,856	Value	$139,146,073.87	$205,482,371.86	-32.28%	1.10%	1.62%
	Shipment	21,408	26,867	-20.32%	1.94%	2.18%
Other articles of plastics and articles of other materials of headings 3901 to 3914 HSN Code: 39269099 39263000 39269059 Importers : Vietnam Importers 1,428 Vietnam Importers Shipment 52,078	Value	$20,388,876.39	$8,804,892.34	131.56%	0.16%	0.07%
	Shipment	13,436	21,652	-37.95%	1.22%	1.75%
Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, Put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings HSN Code: 30049099 30041090 30049089 Importers : Vietnam Importers 621 Vietnam Importers Shipment 33,680	Value	$405,434,696.07	$444,727,532.63	-8.84%	3.20%	3.51%
	Shipment	11,955	9,772	22.34%	1.08%	0.79%
Taps, Cocks, Valves and similar appliances for pipes, Boiler shells, Tanks, Vats or the like, Including pressure-reducing valves and the rmostatically controlled valves HSN Code: 84818082 84818099 84819090 Importers : Vietnam Importers 1,349 Vietnam Importers Shipment 31,521	Value	$23,899,169.88	$18,528,016.27	28.99%	0.19%	0.15%
	Shipment	11,265	9,929	13.46%	1.02%	0.80%
Orthopaedic appliances, Including crutches, Surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other appliances which are worn or carried, Or implanted in the body, To compensate for a defect HSN Code: 90211000 90219000 90211090 Importers : Vietnam Importers 95 Vietnam Importers Shipment 31,371	Value	$10,375,291.56	$9,002,051.3	15.25%	0.08%	0.07%
	Shipment	11,306	9,405	20.21%	1.02%	0.76%
Tubes, Pipes and hoses, Of vulcanised rubber other than hard rubber, With or without their fittings (for example, Joints, Elbows, Flanges) - not reinforced or otherwise combined with other materials : HSN Code: 40091100 40093100 40094200 Importers : Vietnam Importers 334 Vietnam Importers Shipment 31,040	Value	$6,874,553.98	$12,459,331.27	-44.82%	0.05%	0.10%
	Shipment	7,703	16,552	-53.46%	0.70%	1.34%
Ball or roller bearings HSN Code: 84821000 84829900 84829119 Importers : Vietnam Importers 776 Vietnam Importers Shipment 29,828	Value	$16,921,771.26	$70,454,392.45	-75.98%	0.13%	0.56%
	Shipment	9,636	10,573	-8.86%	0.87%	0.86%
Crustaceans, Whether in shell or not, Live, Fresh, Chilled, Frozen, Dried, Salted or in brine; smoked crustaceans, Whether in shell or not, Whether or not cooked before or during the smoking process; crustaceans, In shell, Cooked by steaming or by boiling HSN Code: 03061720 03061721 03061740 Importers : Vietnam Importers 485 Vietnam Importers Shipment 29,085	Value	$567,302,973.53	$617,531,930.42	-8.13%	4.48%	4.87%
	Shipment	10,785	11,044	-2.35%	0.98%	0.89%

Top Products		Sep-24	Oct-24	Growth%	Sep-24 Share	Oct-24 Share
Parts and accessories of the motor vehicles of headings 8701 to 8705 HSN Code: 87089900 87082995 87082900 Importers : Vietnam Importers 542 Vietnam Importers Shipment 1,245,400	Value	$173,066,270.78	$67,670,499.07	-60.90%	0.92%	8.13%
Shipment	47,335	51,212	8.19%	38.09%	42.06%
Meat of bovine animals, Frozen HSN Code: 02023000 02021000 02022000 Importers : Vietnam Importers 250 Vietnam Importers Shipment 119,031	Value	$110,750,786.61	$99,745,294.58	-9.94%	0.59%	11.99%
Shipment	3,465	3,655	5.48%	2.79%	3.00%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles : HSN Code: 73181510 73181500 73182200 Importers : Vietnam Importers 1,444 Vietnam Importers Shipment 97,644	Value	$567,660.92	$171,807.24	-69.73%	0.00%	0.02%
Shipment	3,938	1,414	-64.09%	3.17%	1.16%
Electrical lighting or signalling equipment (excluding articles of heading 8539), Windscreen wipers, Defrosters and demisters, Of a kind used for cycles or motor vehicles HSN Code: 85122020 85122099 85122010 Importers : Vietnam Importers 265 Vietnam Importers Shipment 79,457	Value	$4,924,494.65	$6,784,639.56	37.77%	0.03%	0.82%
Shipment	2,523	3,234	28.18%	2.03%	2.66%
Other articles of vulcanised rubber other than hard rubber HSN Code: 40169911 40169990 40169390 Importers : Vietnam Importers 1,281 Vietnam Importers Shipment 77,152	Value	$202,199,662.89	$2,132,189.5	-98.95%	1.07%	0.26%
Shipment	3,036	3,165	4.25%	2.44%	2.60%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For HSN Code: 85362013 85365090 85365099 Importers : Vietnam Importers 1,835 Vietnam Importers Shipment 70,185	Value	$3,606,460.94	$7,534,930.13	108.93%	0.02%	0.91%
Shipment	2,369	2,403	1.44%	1.91%	1.97%
Diamonds, Whether or not worked, But not mounted or set HSN Code: 71023900 71023910 71022900 Importers : Vietnam Importers 229 Vietnam Importers Shipment 63,783	Value	$16,048,971.13	$21,935,228.25	36.68%	0.08%	2.64%
Shipment	1,404	3,553	153.06%	1.13%	2.92%
Worked monumental or building stone (except slate) and articles thereof, Other than goods of heading 6801; mosaic cubes and the like, Of natural stone (including slate), Whether or not on a backing; artificially coloured granules, Chippings and powder, Of HSN Code: 68029310 68022390 68029300 Importers : Vietnam Importers 692 Vietnam Importers Shipment 62,856	Value	$11,182,973.87	$13,812,898.04	23.52%	0.06%	1.66%
Shipment	1,693	1,839	8.62%	1.36%	1.51%
Other articles of plastics and articles of other materials of headings 3901 to 3914 HSN Code: 39269099 39263000 39269059 Importers : Vietnam Importers 1,428 Vietnam Importers Shipment 52,078	Value	$1,831,108.71	$1,851,747.17	1.13%	0.01%	0.22%
Shipment	1,703	1,541	-9.51%	1.37%	1.27%
Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, Put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings HSN Code: 30049099 30041090 30049089 Importers : Vietnam Importers 621 Vietnam Importers Shipment 33,680	Value	$38,441,290.44	$40,876,728.61	6.34%	0.20%	4.91%
Shipment	1,038	1,270	22.35%	0.84%	1.04%
Taps, Cocks, Valves and similar appliances for pipes, Boiler shells, Tanks, Vats or the like, Including pressure-reducing valves and the rmostatically controlled valves HSN Code: 84818082 84818099 84819090 Importers : Vietnam Importers 1,349 Vietnam Importers Shipment 31,521	Value	$701,708,989.25	$625,886.99	-99.91%	3.71%	0.08%
Shipment	962	286	-70.27%	0.77%	0.23%
Orthopaedic appliances, Including crutches, Surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other appliances which are worn or carried, Or implanted in the body, To compensate for a defect HSN Code: 90211000 90219000 90211090 Importers : Vietnam Importers 95 Vietnam Importers Shipment 31,371	Value	$821,564.32	$375,467.34	-54.30%	0.00%	0.05%
Shipment	1,142	368	-67.78%	0.92%	0.30%
Tubes, Pipes and hoses, Of vulcanised rubber other than hard rubber, With or without their fittings (for example, Joints, Elbows, Flanges) - not reinforced or otherwise combined with other materials : HSN Code: 40091100 40093100 40094200 Importers : Vietnam Importers 334 Vietnam Importers Shipment 31,040	Value	$6,204,266.22	$403,784.13	-93.49%	0.03%	0.05%
Shipment	797	707	-11.29%	0.64%	0.58%
Ball or roller bearings HSN Code: 84821000 84829900 84829119 Importers : Vietnam Importers 776 Vietnam Importers Shipment 29,828	Value	$105,846,126.4	$815,218.49	-99.23%	0.56%	0.10%
Shipment	1,027	187	-81.79%	0.83%	0.15%
Crustaceans, Whether in shell or not, Live, Fresh, Chilled, Frozen, Dried, Salted or in brine; smoked crustaceans, Whether in shell or not, Whether or not cooked before or during the smoking process; crustaceans, In shell, Cooked by steaming or by boiling HSN Code: 03061720 03061721 03061740 Importers : Vietnam Importers 485 Vietnam Importers Shipment 29,085	Value	$34,563,369.17	$45,348,149.95	31.20%	0.18%	5.45%
Shipment	637	818	28.41%	0.51%	0.67%

Top Import Products from India to Vietnam

Overview

Top Import Products from india to vietnam

YOY comparison of growth and share of top Import Products of Vietnam

MOM comparison of growth and share of top Import Products of Vietnam

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