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.
![](https://usabusiness.co.in/wp-content/uploads/2021/02/Export-to-Vietnam-from-India.jpg)
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.
![](https://usabusiness.co.in/wp-content/uploads/2021/02/E-commerce-in-Vietnam.jpg)
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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