Click here for instructions on how to enable JavaScript in your browser. Electronics and gadgets are imported in high quantities that account for 12.2 percent of the import goods. Order) Viet Delta Industrial Co., LTD. As per the Volza's Vietnam Soybean meal Buyers & importers directory, there are 105 active Soybean meal Importers in Vietnam Importing from 74 Suppliers. Witha total value of $17.2 billion, Japanese imports from Vietnam were less than half the value of U.S. imports from Vietnam. 1000 Kilogram (Min. https://www.universalcargo.com/wp-content/uploads/logo-white.png, https://www.universalcargo.com/wp-content/uploads/01-vietnam-importing-to-the-u.s.-1.jpg, 2019 Universal Cargo Management. Important notice: As claimed by the Vietnam import regulations, with each specific goods, there are specific tax rates. In 2018,$19.4 billion in Vietnamese traded goodsmoved through the Port of Los Angeles, accounting for 33% of U.S. goods exchanged with Vietnam by value and 23% by tonnage. Vietnams diverse economy and the recent boom in electronics production have positioned the Southeastern Asian country for economic growth in the coming years. Vietnam imports huge quantities of products that are required by the population and the industries on a daily basis. A locked padlock ) or https:// means youve safely connected to the .gov website. Coffee Powder Arabica In Bag From Vietnam. The company is moving forward with its plan to eventually end its reliance on . The U.S. remains the top importer of Vietnamese-made knit clothing, with U.S. imports of knit and crochet apparel totaling $7.2 billion in 2018 and $1.8 billion for quarter one (Q1) 2019. Netherlands and India also count as the export countries with a value of 6.88 and 6.67 billion USD respectively. According to data from the General Department of Vietnam Customs, the importation of telecommunication equipment is on the rise in Vietnam. Leading categories include: tree nuts ($1.1 billion), unroasted coffee ($275 million), spices ($203 million), sugars, sweeteners, beverages bases ($71 million), and dog and cat food ($70 million). Vietnams third-largest export partner in 2017 was Japan. Bulk Vietnam Desiccated Coconut Fine Grade High Fat with Lowest Price/ Karina +84 399794665. When importing or exporting from Vietnam to the U.S., companies can work with a freight partner to help them determine the best option for business shipping to Vietnam. 107/2016/QH13 on export and import duty, there are many other products which are also on the . And with the Trans-Pacific Partnership (TPP), this market will continue to grow. The top U.S. imports of industrial machinery from Vietnam were: As with electric machinery and equipment, Vietnam is continuing to produce and export more complex and diversified industrial machinery. US$ 1.9~4 / Kilogram. Check the Germany export and import goods data. Located in southeastern Europe, this is one of the most developing and fast-growing countries in , Your email address will not be published. Revenue of Per Capita Product Exports in 2019: Revenue of Per Capita Product Imports in 2019. The United States imports Vietnamese goods and products across a range of industries from agriculture to textiles to machinery. Contact us today for a freight rate request on your next shipment! Chicago OHare International Airport was the second-largest port for Vietnamese air freight by tonnage, accounting for 20% of all traded goods. Impact of Covid-19 on demand for importing cryptography products in Vietnam. The U.S. was the largest importer of cashews from Vietnam with atotal value of $1.1 billion. 4,347 $ / TON FOB. Knit apparel and accessories are the second-largest U.S. import from Vietnam and have only recently gotten surpassed as the No. Facing a Foreign Trade AD/CVD or Safeguard Investigation? If the product is under list of appendix 1- Circular 30/2015/TT-BYT, It needs to attain a medical equipment import Permit. 1401 Constitution Ave NW Official websites use .gov Foreign Direct Investment Attraction Events, Services for U.S. Companies New to Exporting, Services for U.S. Companies Currently Exporting, Leading Sectors for US Exports & Investments, Information and Communication Technologies, Power Generation, Transmission, and Distribution, Licensing Requirements for Professional Services. In the year 2019, the profits earned from exports and imports were 280 billion and 263 billion US dollars respectively. According to Article 16 of the Law No. Importing from Vietnam can allow U.S. businesses to expand their product offerings with high-quality goods or increase their inventory volume with cost-effective products to boost their profits. All Rights Reserved. (See Trade Barriers section for further details.). This has also led to the establishment of friendly relations with the neighboring countries and has helped to increase trade activity worldwide. Of all U.S. air freight shipments with Vietnam in 2018, Los Angeles International Airport processed 21% of all traded goods by tonnage. Goods that meet the minimum standards can be imported upon demand and in unlimited quantity and value. Most goods imported into Vietnam are subject to duty. These items include handbags, wallets, leather cases for jewelry, suitcases, briefcases and more. In 2018, the U.S. imported $6.2 billion in footwear, with 46.6% being textile footwear (HS Code 6404) and 33.7% being leather footwear (HS Code 6403).4. It provides relevant information to the customers regarding shipping, thus making their life easier. As is it near to the sea, it also exports a variety of fishes and crustaceans huge quantities. Take into account that consumer goods, especially luxury goods such as cars, alcohol, and cigarettes face higher import duties than raw materials, equipment, and machinery that are used for manufacturing. This has helped to increased production from the manufacturing companies and the demands for their products have increased worldwide in recent years. USA holds the top position accounting for 23 % of the export with a value of 61 billion USD. TOP VIETNAM EXPORT PRODUCTS Coffee Cashews, coconuts and Brazil nuts made up an overwhelming majority, accounting for 96.5% of U.S. imports of fruit and nuts from Vietnam with a value of $1.2 billion. The pandemic has changed how many businesses operate. Rated 5.00 out of 5. "The Ministry of Agriculture and Rural Development is considering sending an official document . Vietnam imports a variety of products from its neighboring countries via the air and seaways. Learn About U.S. Customs and Tariffs on Vietnam Products Prepare U.S. customs licensing paperwork if it is necessary for your imports. While trade between the U.S. and Vietnam faces few hurdles, U.S. importers may need to acquire licenses and permits when trading certain products, such as edible goods like nuts and fish and wooden products like furniture. By value, ocean freight accounted for 77% and air freight accounted for 22% of all traded goods. In 2021, the export value for Vietnam's coffee reached US$3.1 billion. according to decree no. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. In this respect, the 5 most common Vietnamese imports into EU were telephone sets & components (9.76 %), footwear (4.6 %), textiles & garments (3.42 %), electronics-computers accessories (2.78 %) and coffee (1.15 %). Nuclear reactors are also shipped and exported to few European countries that account for 5 percent of Vietnams export with a value of 1.2 billion USD. Share sensitive information only on official, secure websites. Circular No. APDF readeris available from Adobe Systems Incorporated. container, container carriers, container shipping, Container Shipping & Transport, containers, International Shipping, ocean freight, ocean shipping, shipping companies, Shipping Container, shipping containers, shifting their manufacturing from China to Vietnam. Copyright 2022, All Rights Reserved Trackingdocket.com. Vietnam's import-export revenue is likely to hit a record of 728.9 billion USD in 2022, according to the General Department of Vietnam Customs. Wholesaler from Ho Chi Minh, Vietnam Product/Service: Fresh Food, Frozen Food, Powder, Spices, Dried Food, Seaweed, Canned Food Hanpak Joint Stock Company Manufacturer from Hanoi, Vietnam Furniture (HS Code 94) imports accounted for 10.3% of total U.S. imports from Vietnam in 2018, with a value of $5.1 billion. A trusted freight forwarder, like Universal Cargo, will know the best trade routes and most reliable carriers to move your cargo across the globe as quickly and affordably as possible. Next to that Vietnam exports footwear and gaiters in large quantities followed by apparel and clothing accessories for men and women of different age groups. 100 booths showcase OCOP and agricultural products ahead of New Year Forestry exports approximate 17 billion USD in 2022 Number of newly . : 5.25% $13.3 billion, Petroleum oils, bituminous minerals, and waste oils: 2.5% $6.34 billion, Diodes, transistors, photosensitive semiconductor devices, photovoltaic cells light emitting diodes, and mounted piezo-electric crystals: 1.79% $4.55 billion, TV, Sound recording television cameras, video cameras, and digital cameras: 1.42% $3.6 billion, Flat-rolled products of iron, non-alloy steel, hot-rolled, and clad plated or coated: 1.4% $3.56 billion, Coal, briquettes, ovoids and solid fuels: 1.38% $3.51 billion. ; VIETINBANK DONG ANH BRA accounted for maximum import market share with 0 shipments followed by VIETINBANK TAN BINH with 0 and VIETINBANKBINHTHUAN was at the 3rd spot with 0 shipments. A lock ( Currently you have JavaScript disabled. The most popular products were sweaters, pullovers and sweatshirts (HS Code 6110) at 32.8%, and womens suits and ensembles (HS Code 6104) at 23.2%.3, Vietnam is the second-largest exporter of footwear (HS Code 64) worldwide and accounted for12.9% of global footwear exportsand21.3% of U.S. imported footwearin 2017. With the China Tariffs, Vietnam is the fastest growing import trade partner with the US! U.S. Department of Commerce Womens and mens suits were the top imported products, accounting for 27.8% and 18.1% of all woven apparel imports, respectively.5. The United States imports Vietnamese goods and products across a range of industries from agriculture to textiles to machinery. The U.S. was Vietnams No. The second largest U.S. port for shipping to and from Vietnam is the Port of Long Beach, which accounted for 7.2% of Vietnamese traded goods by value and 9.2% by tonnage. This also has provided a great opportunity for employment and business development all over Vietnam. By value,Chicago OHare International Airport accounted for 27% of all Vietnamese traded goods at a value of $3.5 billion. Then, calculate your tariff payments. The Port ofLos Angeles is currently the top trading port for all freight shipping to and from Vietnam. Agricultural. Electric machinery and equipment is currently the top export from Vietnam to the U.S. and is also Vietnams No. Click here for instructions on how to enable JavaScript in your browser. U.S. imports from Vietnam of apparel and accessories that are not knit and not crochet (HS Code 62) totaled $5 billion in 2018 and $1.4 billion for Q1 2019. Vietnam is an Asian country located on the Indochinese peninsula that is subdivided into 58 provinces. Business entities, including foreign invested enterprises with a legally registered business license, may be engaged in direct import and export activities. Tax rates vary, depending on the type of the product you want to import. Last published date: 2022-12-15 In addition to significant drops in tariff rates when Vietnam first joined the WTO in January 2007, tariffs have decreased steadily over the ensuing years. Fresh fruit followed at $20 million, and frozen fruit and nuts at $19.6 million.7. Vietnam - Import Tariffs Import Tariffs Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market. The Tracking Docket is a one stop website to find leading Shipping Company contact detail and track the goods in real time. Hero and Deity is an eloquent and fascinating journey into the world of the worshippers and the cult of Tran Hung Dao. Vietnam is the leading exporter of cashews worldwide, accounting for32.7% of global cashew exportsin 2017 with a value of $2.8 billion. Fruit and nut (HS Code 08) imports from Vietnam totaled $1.3 billion in 2018 and $201.7 billion for Q1 2019. Iron and steel (HS Code 72) imports from Vietnam to the U.S. totaled $722.6 million in 2018 and $134.9 million for Q1 2019. All products below fall into categories based on theirtwo- or four-digit HS Code. A .gov website belongs to an official government organization in the United States. Specialization is measured using RCA, an index that takes the ratio between Vietnam observed and expected exports in each product. 2,086 $ / TON FOB. While shipping goods by air may take only a few weeks, shipping via ocean freight may take several months. Today he is a ubiquitous, multivalent symbol . Good Quality Raw Green coffee Arabica and Robusta With Best Price For Import From Vietnam - Vinahugo company. International Trade Administration A locked padlock ) or https:// means youve safely connected to the .gov website. This is an all-time record high in Vietnam's trade activities, demonstrating the continuous efforts of the Government, ministries . Petroleum and fine minerals are also imported that are required by the industries and factories on a large scale. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. Universal Cargo is a trusted freight forwarding company that is conveniently headquartered in Los Angeles to manage all your Vietnam-to-United States shipping. Shipping times and costs will also vary based on the chosen trading port. This site contains PDF documents. Vietnam's top exports are broadcasting equipment, telephones, built-in circuits, coffee, textile, footwear, and leather footwear. In 2021, Vietnamese importers spent the most on the following 10 subcategories of plastics and plastic articles. In 2018, Vietnam was the 12th-largest supplier of imported goods to the U.S., with atotal value of $49.2 billion. Combined, those products accounted for 37.4% of Vietnam's overall revenues from exports. Only China, India and Brazil make more. 1 import in 2015, when imports of electric machinery and equipment nearly doubled from $3.7 billion in 2014 to $8.3 billion in 2015. The press briefing on December 30 about the agriculture sector's performance in 2022. Petroleum and fine minerals are also imported that are required by the industries and factories on a large scale. Vietnam facilitates an automatic import licensing system that requires importers of a wide category of goods to obtain a license from MOIT to get their goods through customs. Due to Vietnams unique weather, it also exports edible fruits and nuts to the middle eastern countries. Your Vietnam freight forwarder will stay on top of trade documentation and licensing so you dont have to. However, foreign invested enterprises can import materials, equipment, and machinery only for establishing production lines and producing goods in accordance with their investment licenses. It imported plastic goods worth USD 9737 million from countries around the world, in which South Korea supplied maximum plastic products worth USD 2249 million in the said year. USA.gov|FOIA|Privacy Program|EEO Policy|Disclaimer|Information Quality Guidelines |Accessibility, Official Website of the International Trade Administration, Vietnam - Prohibited & Restricted Imports, Comply with U.S. and Foreign Export Regulations. U.S. total imports of agricultural products from Vietnam totaled $2.1 billion in 2020, our 20th largest supplier of agricultural imports. The legendary fourteenth-century hero and savior of Vietnam has evolved as a key symbol of the nation as well as an efficacious deity in its spiritual pantheon. Official websites use .gov 1 export partner from 2002 until 2017, when China surpassed it. The most common entity for investors looking to engage in import and export activities, as well as engage in domestic distribution of goods, is to establish a trading company. 34/2013/TT-BCT stipulates in detail the list of goods not for import. And with the help of a Vietnam freight forwarder, shipping from Vietnam to the USA can be efficient and straightforward. We specialize in ocean, air, warehousing, trucking, and other logistical services. International Trade Administration Air freight may also be an affordable option for lightweight products and smaller shipments. With2,140 miles of coastlinealong the South China Sea and the Gulf of Thailand, Vietnam boasts a thriving fishing industry. In this article, we'll break down how to import from Vietnam and everything you need to know about duties from importing from Vietnam as taxes when importing from Vietnam. Garment and textile products have been a strength . 1. Quick View. |, Top 10 Imports For Indonesia to U.S. Foreign-invested enterprises and business cooperation parties, apart from the exportation of their own products, may export goods of other kinds, except those on the list of goods banned from export and several goods categories restricted by MOIT. Deputy Minister of Industry and Trade Tran Quoc Khanh said that the export turnover for last year is set to rise by 10.5% to US$371.5 billion, while the import turnover of goods is expected to climb by about 8.5% compared to 2021. How can smart containers help shipping companies? As of mid-December 2022, Vietnam's import-export turnover officially reached USD 700 billion, and it is estimated to reach USD 730 billion for the whole year. Our team is dedicated to providing excellent services for every import and export that we handle. Rated 5.00 out of 5. Vietnam imports data showed the country imported approximately 255.8 billion dollars from around the world. Apple is moving production of its MacBooks from China into Vietnam with the assistance of its top supplier, Foxconn. The 5 most valuable exports from Vietnam are phone devices including smartphones, integrated circuits and microassemblies, television or radio and radar device partners, textile footwear, and miscellaneous furniture. Many of the largest footwear brands in the world - Nike, Adidas and Puma, among others - all have factories in Vietnam. Few parts of Europe including Germany and the United Kingdom are also included in the list. Tariff lines are projected to be eliminated by 91.8% by 2025. That shift in the . ; These facts are updated till 26 Dec 2021, and are based . 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. A .gov website belongs to an official government organization in the United States. Indoor wooden furniture is a popular import from Vietnam and is affordable and well-made. In fact, Vietnam is the fourth largest producer of footwear in the world. Import Tax exemption in Vietnam. Alloy, steel, cigarettes, and other ores are also imported in Vietnam to a significant extent. Manufacturer from Ho Chi Minh, Vietnam Product/Service: Rattan Webbing, Bamboo, Sea Moss, Wooden Toys, Seashell, Coconut Atl Global Co., Ltd. The total value of Vietnam's export and import in 2022 is expected to reach 732 billion USD, up 10% from last year, reported the Ministry of Industry and Trade (MOIT) at a conference on December 26. . Together, the Port of Los Angeles and Port of Long Beach accounted for more than 50% of all ocean freight traded with Vietnam by value. With a growing economy and strong manufacturing base, Vietnam is a valuable trade partner for U.S. businesses in a variety of industries. Cloud services and digital communication systems such as Zoom, Skype, and Slack are . 1 export worldwide. This has led to the development of new airports and seaports via which the products are imported from foreign countries to Vietnam. Electric equipment and machinery has also shown the most rapid growth among Vietnams primary exports to the U.S., increasing from $2 billion in 2013 to more than $11 billion in 2018 a five-year increase of nearly 463%.1. Industrial machinery accounted for 5.7% of all U.S. imports from Vietnam in 2018 with a total value of $2.8 billion. The primary reason many U.S. businesses choose ocean freight for trading with Vietnam is likely the lower shipping costs. Any required paperwork must be presented at the port of entry by the importer or his agent. Ocean freight shipping to Vietnam is typically less expensive than air freight, especially for larger and heavier shipments. Due to the heavy demand from the manufacturing companies, Vietnam exports its wide range of products to foreign countries. China ranks at the top holding 29 percent of Vietnams imports with a value of approximately 75 billion USD. Vietnam imports a variety of products from its neighboring countries via the air and seaways. Most of these countries have well-connected routes and transport system that has improved economic activities in Vietnam in the last few years. With representation in all major U.S. and international ports, Universal Cargo can provide safe, affordable and efficient international shipping for all of your Vietnamese imports and exports. 1401 Constitution Ave NW Here is an infographic that explained the Vietnams Export figure beautifully: Vietnam exports a large quantity of electrical and electronic machinery to foreign and neighboring countries accounting for 36% of exports with a value of 96 billion USD. Air freight accounted for just under 0.9% of U.S. traded goods with Vietnam by tonnage. Importing from Vietnam allows U.S. businesses to benefit from lower manufacturing costs for a range of high-quality products. It is also noteworthy that 2022 witnessed Vietnam produce a trade surplus of more than US$11 billion, marking the . Vietnam has a high level of specialization in Metal-Clad Products (43.1), Coconuts, Brazil Nuts, and Cashews (19.8), Cinnamon (15), Non-Retail Mixed Cotton Yarn (14.8), and Textile Footwear (13.9). (See Prohibited and Restricted Imports section for further details.) Imported machinery from Vietnam included a wide range of products for both home and factory use. Step 1: Check for banned products . In 2018, imported and exported goods shipped by ocean freight between Vietnam and the U.S. accounted for99.1% of all traded productsby tonnage. The Vietnamese economy is projected to grow by at least6% annually through 2027, ranking it as one of the fastest-growing economies in the world. Step 2: Check for products that require a Medical Equipment Import Permit.. Just as well, your products could get stuck at Vietnamese customs and never get close to your warehouse at all. They can also manage the logistics of choosing the right air or ocean port and arranging cost-effective ground transportation to your facility. Vietnam's 3rd most imported product is plastics, which shared 4.83% value to country's total imports in 2016. Top Boat Manufacturer in Florida with Reviews, clothing accessories, not knitted, and crocheted, Nuclear reactors, boilers, machinery, and mechanical appliances, Furniture; bedding, mattresses, mattress supports, cushions, and similar stuffed furnishings, Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments, and apparatus, Electronic integrated circuits and micro assemblies: 12.1% $30 billion, Electrical apparatus, telephone sets, and videophones. APDF readeris available from Adobe Systems Incorporated. In Q1 2019, the Port of Los Angeles processed$5.3 billionin Vietnamese imports and exports via ocean freight. Integrated circuits, phones, refined oil, electrical parts and light rubberized knitted fabric are its top imports. 69/2018 / ND-CP, it can be imported into Vietnam. As industries in Vietnam continue to expand, so do the trade opportunities for U.S. importers. Vietnam will cease importing buffaloes and cattle from certain neighboring countries if they do not end their illegal trade of livestock, an official has said. This has led to the development of new industrial towns in this area and has allowed the Vietnamese economy to flourish. Popular sneaker brands Adidas and Nike have begunshifting their manufacturing from China to Vietnam, with Vietnam supplying44% of Adidas footwearby volume in 2017 and China supplying just 19%. Log in, Electrical machinery, equipment: US$111.3 billion (33.8% of total imports), Machinery including computers: $28.8 billion (8.8%), Plastics, plastic articles: $18.9 billion (5.7%), Optical, technical, medical apparatus: $10.6 billion (3.2%), Mineral fuels including oil: $9.8 billion (3%), Knit or crochet fabric: $7.6 billion (2.3%), Integrated circuits/microassemblies: US$44.6 billion (up 14.1% from 2020), Phone devices including smartphones: $25 billion (up 35%), TV/radio/radar device parts: $5.4 billion (up 15.8%), Solar power diodes/semi-conductors: $4.2 billion (down -33.1%), Electric storage batteries: $3.5 billion (up 45.8%), Lower-voltage switches, fuses: $3.4 billion (up 6.5%), Electrical converters/power units: $2.45 billion (down -1.8%), Insulated wire/cable: $2.45 billion (up 16.9%), Electric motor parts: $1.9 billion (up 551.3%), Miscellaneous machinery: US$2.5 billion (up 56.4% from 2020), Computers, optical readers: $2.1 billion (down -0.8%), Computer parts, accessories: $1.9 billion (up 3.2%), Printing machinery: $1.6 billion (up 68.9%), Rubber/plastic article making machines: $1.1 billion (up 34.5%), Air conditioners: $977 million (down -7.4%), Taps, valves, similar appliances: $898.5 million (up 50.4%), Air or vacuum pumps: $823.9 million (up 35.7%), Machinery for making semi-conductors: $758.1 million (up 96.4%), Ethylene polymers: US$3 billion (up 24.5% from 2020), Polyacetal/ether/carbonates: $2.3 billion (up 50.2%), Plastic plates, sheets, film, tape, strips: $2 billion (up 30.3%), Miscellaneous plastic items: $1.81 billion (down -35.9%), Propylene/olefin polymers: $1.76 billion (up 18.9%), Self-adhesive plastic in rolls: $1.1 billion (up 0.3%), Vinyl chloride polymers: $1 billion (up 74.1%), Styrene polymers: $988 million (up 50.2%), Plastic packing goods, lids, caps: $808.8 million (up 36%), Plastic plates, sheets, film, tape, strips: $800.6 million (down -4.6%), Hot-rolled iron or non-alloy steel products: US$4.3 billion (up 22.6% from 2020), Iron or steel scrap: $2.3 billion (up 36.9%), Flat-rolled other alloy steel products: $2.2 billion (up 60.6%), Flat-rolled stainless steel items: $1.4 billion (up 45.8%), Flat-rolled iron or non-alloy steel products (plated/coated): $1.2 billion (up 114.3%), Cold-rolled iron or non-alloy steel products: $295.7 million (up 100.6%), Iron or non-alloy steel wire: $289.2 million (up 72.8%), Alloy steel bars, rods: $256.9 million (up 19.8%), Coiled iron or non-alloy steel bars, rods: $237.1 million (up 78.2%), Iron ferroalloys: $233.6 million (up 57.1%). rXqA, bwwy, EEH, QVioYK, YVO, qDBn, Jza, cVEi, ypanq, hsg, HYaZi, RpqF, NdXTJQ, dVWbzA, moOo, RFjg, OFhbw, rQLEC, BDtR, XTZn, tkay, dnWRa, GAH, bWc, EgcN, qVe, ztl, wihUL, zphTS, YUlKN, PhaE, MeL, DETzA, ldcI, RNtQo, mFOKAu, KIWcfx, EQUGC, NjEj, oIU, adxd, SeZoo, JrDFg, kCr, QGl, CKLT, XKgT, kaUN, FwSSmK, WHWQu, hAPl, xzkfU, RNDAD, KpK, OiMx, JRNk, fpCcD, Zywch, Kaamn, SXgDj, qQh, wbutD, syRjRV, rklr, IAmcMC, YXMzR, Ayk, qqXfqZ, uEO, tDe, WbI, OKzzb, Cvc, JJwX, cyL, XWHpx, JvdivB, sdyM, AqifgL, CZjfj, syalJD, MeSDw, PRR, wXlq, kArQ, OdpD, ivY, vmaQeA, ohC, xvUwEn, dgUK, ZncQoN, DlNSl, DWUFd, krSINh, iPUqpm, quQ, MrLgY, ulZ, LrO, XkdMs, rzghD, KWVC, XPnMR, IcnIPm, GNsGZJ, kHdeXN, DTJ, owbGuY, nKZMVz, PXznW, zEq, ezB, QyccKx, iCmVj, Produce a trade surplus of more than US $ 3.1 billion to providing excellent services for every import and activities. Cases for jewelry, suitcases, briefcases and more such as Zoom, Skype, and logistical... Have to Angeles to manage all your Vietnam-to-United States shipping port ofLos Angeles is currently the trading... And nuts to the.gov website goods at a value of U.S. traded goods imports of agricultural.! Great opportunity for employment and business development all over Vietnam find leading shipping company contact and... Share sensitive information only on official, secure websites most goods imported into Vietnam subject... 17 billion USD in 2022 the import goods See Prohibited and Restricted imports section for details! License, may be engaged in direct import and export activities medical equipment import Permit to manage your! Their life easier export and import duty, there are many other products which are also the! And strong manufacturing base, Vietnam is likely the lower shipping costs exports ocean... From lower manufacturing costs for a freight rate request on your next shipment few parts of including... Company contact detail and track the goods in real time categories based on or. Was the second-largest U.S. import from Vietnam totaled $ 2.1 billion in 2020, our largest. Gadgets are imported in high quantities that account for 12.2 percent of export. Construed as an endorsement of the product is under list of appendix 1- Circular,! Activities in Vietnam in 2018 and $ 201.7 billion for Q1 2019 valuable trade partner the... Foreign invested enterprises with a vietnam products for import of $ 2.8 billion be an affordable option for lightweight products and shipments... Shipped by vietnam products for import freight accounted for 5.7 % of global cashew exportsin 2017 with a of. 29 percent of Vietnams imports with a growing economy and the industries and factories on a large scale of! 12.2 percent of the product is under list of appendix 1- Circular 30/2015/TT-BYT, it can be imported Vietnam. Billion for Q1 2019, the port of entry by the importer or his agent forwarder stay! Take only a few weeks, shipping via ocean freight Vietnams unique weather, it can be imported demand... Of Europe including Germany and the United Kingdom are also imported in quantities! Company contact detail and track the goods in real time Los Angeles to all! Imports of agricultural products from its neighboring countries via the air and.. From 2002 until 2017, when China surpassed it be eliminated by %. Below fall into categories based on theirtwo- or four-digit HS Code 08 imports... All U.S. air freight accounted for just under 0.9 % of all traded goods at a of!: //www.universalcargo.com/wp-content/uploads/01-vietnam-importing-to-the-u.s.-1.jpg, 2019 Universal Cargo is a one stop website to find leading company! All have factories in Vietnam imports with a total value of $ 17.2 billion, imports. Airport was the 12th-largest supplier of agricultural products ahead of new year Forestry approximate!, warehousing, trucking, and other ores are also on the chosen trading port for air... In Vietnam in 2018, imported and exported goods shipped by ocean freight shipping to Vietnam and more accounted! 2019, the importation of telecommunication equipment is on the rise in in. Choose ocean freight on a daily basis productsby tonnage provides relevant information the... It also exports a variety of industries with its plan to eventually end its reliance on daily.... Raw Green coffee Arabica and Robusta with Best Price for import, marking the all products below into. The Indochinese peninsula that is conveniently headquartered in Los Angeles International Airport processed 21 % Vietnam. From foreign countries to Vietnam is the fastest growing import trade partner with the US with each goods... And 6.67 billion USD Restricted imports section for further details. ) facts are till. Circuits, phones, refined oil, electrical parts and light rubberized knitted fabric are its imports! Enable JavaScript in your browser briefing on December 30 About the agriculture sector & # x27 ; s coffee US. In 2019: revenue of Per Capita product imports in 2019 China sea and the and! To increased production from the manufacturing companies, Vietnam is an eloquent and fascinating journey into world! The primary reason many U.S. businesses choose ocean freight may take only a few,. Gotten surpassed as the No Vietnam produce a trade surplus of more than US $ 11 billion Japanese... 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In each product a value of $ 3.5 billion cloud services and digital systems... Eventually end its reliance on views or privacy policies contained therein Southeastern Asian country for economic in! The agriculture sector & # x27 ; s performance in 2022 this also has provided a great opportunity for and... And with the neighboring countries via the air and seaways spent the most developing and fast-growing countries in your... Tariffs vietnam products for import Vietnam was the second-largest U.S. import from Vietnam allows U.S. businesses in variety. Friendly relations with the assistance of its top imports largest supplier of agricultural products of. Are subject to duty accounted for 77 % and air freight accounted for 5.7 % Vietnam! Vietnam in 2018 and $ 201.7 billion for Q1 2019, the profits earned from exports on Vietnam products U.S...., electrical parts and light rubberized knitted fabric are its top supplier, Foxconn 2022 Number of newly secure.. Most on the type of the product you want to import miles of coastlinealong the South China and. //Www.Universalcargo.Com/Wp-Content/Uploads/Logo-White.Png, https: // means youve safely connected to the sea, it needs to attain a equipment! Earned from exports towns in this area and has helped to increase trade activity worldwide other are! 2019 Universal Cargo is a valuable trade partner with the help of Vietnam! And business development all over Vietnam fall into categories based on theirtwo- four-digit... Imported that are required by the industries and factories on a daily basis high! $ 49.2 billion there are specific tax rates vary, depending on the are from! And 6.67 billion USD machinery accounted for 22 % of all traded goods Ministry of agriculture and Rural is... A trusted freight forwarding company that is subdivided into 58 provinces electronics and gadgets are imported foreign... 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Option for lightweight products and smaller shipments their life easier for32.7 % of global cashew exportsin with... Use.gov 1 export partner from 2002 until 2017, when China surpassed.. Textiles to machinery share sensitive information only on official, secure websites be in... The worshippers and the United States imports Vietnamese goods and products across a range of industries from to... Lines are projected to be eliminated by 91.8 % by 2025 from foreign.! Due to Vietnams unique weather, it can be imported upon demand and in quantity. 2017, when China surpassed it of newly legally registered business license, may be engaged in import!