According to Embassy of India, Export to Vietnam from India stood at a revenue of more than $5 Billion by the year 2020 and fluctuates every year, as you can see in the below mentioned report.
Strategic & Economic trade agreements has been signed between both the nations which is very beneficial for both of the countries.
Vietnam is the 3rd largest trading partner of India amongst all the Asian countries and comes after Singapore & Malaysia.
Fish, Cotton and Pharmaceuticals are the major products exported from India to Vietnam at the present moment.
E-commerce industry is on a rise in Vietnam with an estimated revenue of more than $7 Billion and increasing with a growth rate of 5.7% by the year 2021.
So, its a great opportunity for Indian sellers to grab the Vietnam market through both the channels that is through offline or online selling platforms & marketplaces in Vietnam.
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