Indian products have a high demand in Vietnam and around the world because of its quality and authenticity.
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.
Vietnam is the 3rd largest trading partner of India amongst all the Asian countries and comes after Singapore & Malaysia.
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.
High demand exported products from India to Vietnam
- Corn
- Meat
- Fish
- Cotton
- Plastic
- Iron & Steel
- Animal Fodder
- Waste & Residues of Food Industry
- Oil seeds
- Grains
- Electrical equipments
- Pharmaceuticals
- Oleagic fruits
- Seeds
- Sea Food
- Machinery
- Vehicles
- Dyeing extracts
Useful resource