Vladimir Putin’s State Visit to Vietnam: Strengthening Bilateral Ties and Strategic Partnerships – EXCLUSIVE ECONOMY REPORT

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Vladimir Putin’s state visit to Vietnam began in the early hours of Thursday morning when his plane landed at Hanoi’s Noi Bai International Airport, shortly after the Russian president met with North Korean leader Kim Jong Un in Pyongyang. This visit marks a significant moment in the bilateral relations between Russia and Vietnam, highlighting the strategic importance of their comprehensive partnership in the current geopolitical landscape.

Negotiations between Russian President Vladimir Putin and his Vietnamese counterpart To Lam concluded in Hanoi on Thursday as part of the Russian head of state’s two-day official visit to Vietnam. The discussions centered on enhancing the comprehensive strategic partnership between the two nations, reflecting Russia’s commitment to fostering closer ties with Vietnam.

Putin emphasized that strengthening the comprehensive strategic partnership with Vietnam remains one of Russia’s priorities. During the talks, he highlighted several key points and developments that underscore the growing importance of this relationship.

Putin: Russia-Vietnam Trade Turnover on Rise

“Last year, [bilateral] trade grew by 8 percent. The intergovernmental commission on both sides is working closely on this. The growth of trade is, of course, facilitated by the implementation of the 2015 free trade agreement between the Eurasian Economic Union and Vietnam,” the Russian president noted. This agreement has significantly boosted economic exchanges between the two countries, fostering increased trade and investment.

Putin recalled that in 2024 Moscow and Hanoi will celebrate the 30th anniversary of the signing of a bilateral friendship treaty. “All this time, we have maintained regular and meaningful political contacts, including through parliaments, ministries, agencies, parties, regional authorities, and public organizations,” he added. According to him, Moscow and Hanoi coordinate their actions in the international arena, further solidifying their partnership on a global scale.

“Russia attaches great importance to the development of dialogue with the Association of Southeast Asian Nations (ASEAN), of which Vietnam is one of the leading members,” the Russian President said. This statement underscores Russia’s strategic interest in Southeast Asia, with Vietnam playing a crucial role as a gateway to the region.

Separately, Putin expressed his eagerness to see the Vietnamese president at the celebration of the 80th anniversary of the Victory in World War II (Great Patriotic War) of 1941-1945 in Moscow. This invitation not only reflects the historical ties between the two nations but also their shared commitment to commemorating significant historical events.

To Lam Praises Friendly Russian-Vietnamese Ties

For his part, To Lam emphasized that Vietnam “will always remember with gratitude the Russian people’s selfless support for its struggle for independence.” This historical context is vital in understanding the deep-rooted friendship between the two nations, which dates back to Vietnam’s fight for independence and the significant support it received from Russia during that period.

The Vietnamese leader reiterated that the country pursues “an independent and self-sufficient peaceful foreign policy, but at the same time attaches great importance to the development of traditional friendship and a comprehensive strategic partnership with Russia.” Hanoi sees Russia as one of Vietnam’s foreign policy priorities, Lam added. This statement highlights Vietnam’s balanced approach to foreign policy, where it values its traditional alliances while maintaining its independence.

Lam also acknowledged Russia’s achievements under Putin’s leadership. He stated that Russia has achieved “important successes” both domestically and internationally. “We are glad that political and social stability in Russia is strengthening, the economy is actively developing, the living standards of the population are improving; Russia’s position and authority are steadily growing on the international arena,” the Vietnamese leader concluded. These comments reflect Vietnam’s recognition of Russia’s growing influence and stability under Putin’s administration.

Strengthening Economic and Trade Relations

The economic dimension of the Russia-Vietnam relationship has seen significant growth, driven by strategic agreements and mutual interests. The implementation of the 2015 free trade agreement between the Eurasian Economic Union and Vietnam has played a pivotal role in enhancing bilateral trade. The 8 percent growth in trade turnover between the two countries last year is a testament to the effectiveness of this agreement.

The sectors driving this growth are diverse, ranging from energy and agriculture to technology and defense. Russia’s energy exports to Vietnam, including oil and natural gas, have been a cornerstone of their trade relations. Additionally, Vietnam’s agricultural products, such as seafood, coffee, and rice, have found a substantial market in Russia.

Investment flows between the two countries have also seen an upward trend. Russian companies have shown a keen interest in Vietnam’s burgeoning market, investing in sectors such as energy, mining, and infrastructure. Conversely, Vietnamese businesses are exploring opportunities in Russia, particularly in the food processing and manufacturing industries.

Cooperation in Defense and Security

Defense and security cooperation is another crucial pillar of the Russia-Vietnam relationship. Historical ties in this domain date back to the Cold War era when the Soviet Union provided significant military support to Vietnam. Today, this cooperation continues to thrive, with both countries engaging in joint military exercises, training programs, and defense technology transfers.

Vietnam’s strategic location in Southeast Asia makes it a valuable partner for Russia in maintaining regional security and stability. The two countries have been collaborating on various security issues, including counter-terrorism, cyber security, and maritime security. These efforts are aimed at addressing common threats and ensuring a stable and secure environment in the region.

Cultural and Educational Exchanges

Cultural and educational exchanges form the bedrock of people-to-people ties between Russia and Vietnam. These exchanges have a long history, with thousands of Vietnamese students studying in Russian universities over the decades. This tradition continues today, with numerous scholarships and exchange programs fostering educational cooperation.

Cultural events, such as festivals, exhibitions, and language courses, further enhance mutual understanding and appreciation between the two nations. These initiatives not only celebrate the rich cultural heritage of Russia and Vietnam but also promote cross-cultural dialogue and collaboration.

Strategic Partnerships in Technology and Innovation

Technology and innovation are emerging areas of cooperation between Russia and Vietnam. Both countries recognize the importance of leveraging technological advancements to drive economic growth and development. Collaborative projects in fields such as information technology, telecommunications, and space exploration are being explored to harness mutual strengths.

Russia’s expertise in scientific research and technology development offers valuable opportunities for Vietnam to enhance its technological capabilities. Joint research initiatives, technology transfers, and innovation partnerships are expected to play a significant role in the future of the Russia-Vietnam relationship.

Geopolitical Significance of the Russia-Vietnam Partnership

The geopolitical significance of the Russia-Vietnam partnership extends beyond bilateral relations. In the context of shifting global dynamics, this partnership holds strategic importance for both countries. For Russia, Vietnam serves as a vital partner in its efforts to strengthen its presence in Southeast Asia and enhance its engagement with ASEAN.

Vietnam, on the other hand, benefits from Russia’s support in balancing its foreign policy objectives. As a country with significant geopolitical interests in the South China Sea, Vietnam values Russia’s backing in maintaining regional stability and upholding international law. The partnership also provides Vietnam with a counterbalance to other major powers in the region.

Economic and Trade Prospects

Looking ahead, the economic and trade prospects for the Russia-Vietnam relationship are promising. Both countries have identified key areas for future cooperation, including energy, agriculture, manufacturing, and technology. The strategic alignment of their economic interests is expected to drive further growth in trade and investment.

Efforts to diversify trade and reduce dependence on traditional sectors are underway. Both Russia and Vietnam are exploring new opportunities in emerging industries, such as renewable energy, digital economy, and high-tech manufacturing. These initiatives aim to create a more resilient and dynamic economic partnership.

In conclusion, Vladimir Putin’s state visit to Vietnam underscores the enduring and multifaceted relationship between the two countries. The comprehensive strategic partnership between Russia and Vietnam is built on a foundation of historical ties, mutual interests, and shared strategic objectives. As the global landscape continues to evolve, the partnership between Russia and Vietnam is poised to play a crucial role in shaping regional and international dynamics. The commitments made during this visit reflect a deepening of bilateral relations and a shared vision for the future.

IMAGE : VIETNAM – RUSSIA – TWO-WAY TRADE TURNOVER OVER THE YEARS


APPENDIX 1 – Vietnamese Agricultural Exports to Russia: A Comprehensive Analysis

Vietnamese agricultural product exports to Russia have recorded an impressive annual increase of 48.7% over the past five months, with coffee, seafood, cashew nuts, and fruit and vegetables emerging as the most imported goods by this lucrative market. This surge in exports highlights the growing trade relations between Vietnam and Russia, driven by various factors including improved transportation routes, tariff incentives, and strategic trade agreements.

Overview of Agricultural Exports

According to preliminary statistics from the General Department of Customs, as of late May 2024, agricultural export turnover to Russia reached US$331.3 million, marking a 49.7% increase compared to the same period last year. This significant growth reflects the expanding market opportunities and the robust demand for Vietnamese agricultural products in Russia.

Detailed Export Data:

  • Coffee: Recorded the largest export turnover to the Russian market with US$161.6 million, up 39% year-on-year.
  • Seafood: Reached US$76.4 million, an increase of 87.7%.
  • Cashew Nuts: Achieved US$28 million, rising by 81.8%.
  • Fruit and Vegetables: Totaled US$26.8 million, up 25.2%.

Additionally, other agricultural products also saw substantial growth:

  • Rubber: Increased by 23.8%.
  • Wood and Timber Products: Rose by 47.6%.
  • Rice: Exports doubled.
  • Pepper: Surged by 96.9%.
  • Tea: The only product to record negative growth, down by 12%.

Key Factors Driving Export Growth

  • Improved Transportation Infrastructure: The transport of goods from Vietnam to Russia has become more streamlined. Russian transport corporations have established direct routes from Ho Chi Minh City and Hai Phong to Vladivostok. Furthermore, additional shipping companies have introduced new routes, significantly reducing transit times and enhancing the efficiency of goods transportation. The railway transport system also supports deliveries, offering diversified freight transport models.
  • Tariff Incentives: The Vietnam-Eurasian Economic Union Free Trade Agreement (VN-EAEU FTA), signed in 2015, has provided substantial tariff reductions and exemptions for Vietnamese agricultural products. This has increased their competitiveness in the Russian market, allowing Vietnamese exporters to offer more attractive prices compared to competitors from other countries.
  • Strategic Trade Agreements: The VN-EAEU FTA has been a cornerstone in bolstering trade relations between Vietnam and Russia. This agreement has not only reduced tariffs but also facilitated smoother trade operations, enhancing the overall trade environment.
  • Enhanced Logistics and Supply Chain: The establishment of direct transport routes and improved logistics has played a crucial role in supporting the surge in exports. The ability to transport goods faster and more efficiently has made Vietnamese agricultural products more accessible to the Russian market.

Market Analysis and Future Prospects

The Russian market, while not traditionally a major destination for many Vietnamese agricultural products, has shown significant potential over the past few months. The sharp increase in exports suggests a growing demand for high-quality agricultural products from Vietnam. This trend is likely to continue as both countries deepen their trade ties and explore new areas of cooperation.

Sector-Specific Analysis:

  • Coffee: The largest export commodity, coffee, has seen a substantial increase in demand. The growth can be attributed to the rising popularity of Vietnamese coffee in Russia, known for its unique flavor and quality.
  • Seafood: The seafood sector has experienced the highest growth rate among all agricultural exports. The demand for Vietnamese seafood, particularly shrimp and fish, has surged due to their freshness and quality, supported by efficient cold chain logistics.
  • Cashew Nuts and Fruits: These products have gained popularity in Russia due to their health benefits and the increasing trend towards healthier food options among Russian consumers.
  • Rice and Pepper: The doubling of rice exports and the sharp increase in pepper exports indicate strong demand for these staple products, driven by competitive pricing and high quality.

Statistical Breakdown of Agricultural Exports to Russia (January – May 2024)

ProductExport Value (US$ Million)Annual Growth Rate (%)
Coffee161.639.0
Seafood76.487.7
Cashew Nuts28.081.8
Fruit and Vegetables26.825.2
Rubber18.523.8
Wood and Timber10.647.6
Rice7.2100.0
Pepper2.796.9
Tea1.5-12.0

Enhanced Cooperation and Strategic Initiatives

To sustain and further accelerate the growth in agricultural exports, Vietnam and Russia are expected to undertake several strategic initiatives. These may include:

  • Strengthening Trade Agreements: Building on the success of the VN-EAEU FTA, both countries could explore additional trade agreements or enhancements to existing ones to further reduce trade barriers and facilitate smoother transactions.
  • Expanding Market Access: Efforts to expand market access through trade fairs, business delegations, and promotional activities will be crucial. These initiatives will help Vietnamese exporters connect with Russian buyers and understand market preferences better.
  • Enhancing Quality and Standards: Continuous improvement in the quality and standards of agricultural products will be vital. This includes adopting international best practices in farming, processing, and packaging to meet the stringent requirements of the Russian market.
  • Investing in Technology and Innovation: Investing in technology and innovation to improve production efficiency and product quality will be essential. This could involve adopting advanced farming techniques, enhancing supply chain logistics, and leveraging digital platforms for market intelligence.
  • Fostering Bilateral Cooperation: Strengthening bilateral cooperation in research and development, capacity building, and technical assistance will help both countries achieve mutual benefits. Joint initiatives in areas such as sustainable agriculture, climate resilience, and food security could be explored.

The significant increase in Vietnamese agricultural exports to Russia over the past five months highlights the growing potential of this market. With strategic initiatives and continued efforts to enhance trade relations, the future looks promising for both countries. The robust demand for Vietnamese agricultural products in Russia, supported by improved logistics and favorable trade agreements, sets the stage for sustained growth and deeper economic cooperation.

Vietnam’s ability to capitalize on these opportunities will depend on its continued focus on quality, innovation, and strategic partnerships. As both countries navigate the evolving global trade landscape, their partnership will play a crucial role in shaping the future of agricultural trade and economic cooperation.


APPENDIX 2 – Vietnam-Russia Trade

Key Partnerships and Agreements

Agreement/PartnershipDescription
Vietsovpetro and RusvietpetroJoint ventures in the energy sector, focusing on oil exploration and production.
FESCO Vietnam Direct Line (FVDL)Direct maritime route connecting Vietnam and Russia, reducing shipping times to 9-12 days.
TransContainer Rail Freight ServiceRail transport connecting Hanoi and Moscow, providing a cost-effective alternative to sea freight.
Intermodal Freight NetworkCollaborative initiative between Vietnam, China, and Russia to optimize logistics and enhance connectivity.

Current Trade Landscape

Trade Statistics

In the first five months of 2024, trade between Vietnam and Russia reached USD 1.96 billion, marking a 51.4% increase year-on-year. Vietnam’s exports to Russia amounted to USD 955.6 million, a 44.7% increase, while imports from Russia stood at USD 1 billion, up 58.4%.

Key Vietnamese exports to Russia include:

  • Seafood: USD 76.4 million (up 87%)
  • Cashew nuts: USD 28 million (up 100%)
  • Peppercorns: USD 12.5 million (up 100%)
  • Textile-garment: USD 320.8 million (up 100%)
  • Machinery-equipment: USD 90.1 million (up 100%)

These figures highlight significant growth in various sectors, indicating a robust trade relationship.

Strategic Partnerships and Agreements

Vietnam and Russia have signed several agreements to bolster cooperation, particularly in the energy sector. For instance, during the Russian Energy Week Forum, Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Russian Minister of Energy Nikolai Shulginov signed memoranda to amend the government-to-government agreement on the operation of joint ventures Vietsovpetro and Rusvietpetro.

Additionally, Vietnamese officials engaged with representatives of major Russian oil and gas companies such as Zarubezhneft, Gazprom, and Novatek to discuss project implementations aimed at enhancing collaboration.

Key Developments and Initiatives

Enhanced Logistics and Transportation

The logistics and transportation infrastructure between Vietnam and Russia has seen significant improvements. The introduction of the FESCO Vietnam Direct Line (FVDL) by Russia’s largest private transport and logistics company, FESCO, has drastically reduced shipping times between the two countries. This route, operating on the Vladivostok-Hai Phong-Ho Chi Minh-Ningbo-Vladivostok circuit, allows for direct and efficient movement of goods, with transit times as short as 9-12 days.

Moreover, the establishment of the TransContainer service, which facilitates rail freight transport from Vietnam to Russia, has further enhanced trade logistics. This service connects Hanoi to Moscow, providing a cost-effective and faster alternative to sea freight.

Intermodal Freight Network

Vietnam, China, and Russia have jointly boosted an intermodal freight network linking the three nations. This network addresses technical challenges and optimizes the flow of goods, enhancing connectivity and trade efficiency. The recent symposium titled “Exploring the potential of the Vietnam-China-Russia intermodal freight route” emphasized the strategic importance of this network and the collaborative efforts to overcome logistical hurdles.

Future Prospects and Recommendations

Strategic Planning and Market Penetration

For sustainable shipments to the Russian market, Vietnamese businesses need to develop strategic plans and robust supply systems. Proactive participation in thematic exhibitions and trade fairs is crucial to understanding market dynamics and forging partnerships. The Vietnamese Trade Office in Russia has been instrumental in connecting Vietnamese agricultural exporters with Russian supermarket chains, but long-term success requires sustained efforts and strategic market entry.

Government Support and Policy Initiatives

The Vietnamese Ministry of Industry and Trade has announced plans to support businesses in organizing their own trade promotion activities. Local authorities, associations, and enterprises are encouraged to send delegations to specific sectoral exhibitions in Russia, aiming to foster market penetration and sustainable commercial growth.

Energy Sector Collaboration

The energy sector remains a pivotal area for Vietnam-Russia cooperation. Continued collaboration on joint ventures like Vietsovpetro and Rusvietpetro, as well as partnerships with major Russian energy companies, will drive mutual benefits. Future projects should focus on enhancing technical capabilities and expanding energy exploration and production activities.

Economic and Trade Forecasts

Given the positive trajectory of Vietnam-Russia trade relations, the bilateral trade value is expected to continue its upward trend. Projections indicate that trade volumes could reach new heights, driven by strategic partnerships, improved logistics, and proactive market engagement. The establishment of new trade routes and enhanced connectivity will play a vital role in achieving these goals.


APPENDIX 3 – Preliminary Imports and Exports by group of countries, by country and territory In 2024

Imports and Exports with Major Trading Partners (January to April 2024)- US$ Billion

Change in Vietnam’s Foreign Trade – Year-on-year (%)

TABLE – Preliminary Imports and Exports by group of countries, by country and territory In 2024

  
 Group/ countryJanuaryFebruaryMarch3 months
ExportImportExportImportExportImportExportImport
EU4 613 2501 308 6923 168 6361 128 1554 436 5721 290 84212 218 4583 727 689
Of which:
Ireland 27 114 419 863 37 009 265 681 39 118 333 045 103 2411 018 589
Austria 248 320 28 260 170 328 24 678 218 364 38 387 637 012 91 325
Poland 253 064 26 586 201 968 32 891 240 862 37 680 695 894 97 156
Belgium 317 165 48 824 210 485 43 006 327 440 55 403 855 089 147 234
Portugal 50 238 9 931 34 718 8 109 49 415 18 735 134 371 36 775
Bungary 18 917 3 306 9 930 3 346 16 399 6 782 45 246 13 433
Croatia 7 643 3 506 8 953 1 020 11 026 2 998 27 622 7 524
Denmark 40 385 18 682 26 489 12 891 35 738 18 770 102 612 50 343
FR. Germany 772 864 243 263 479 839 278 653 649 949 274 9821 902 652 796 898
Estonia 2 962  666 1 875 1 058 3 150 1 105 7 987 2 829
Netherlands1 055 816 48 835 702 567 57 9701 182 648 44 0912 941 032 150 897
Hungary 38 751 16 012 39 959 9 656 55 599 16 902 134 310 42 570
Greece 34 707 8 302 26 106 5 982 32 696 9 410 93 510 23 694
Italia 497 730 141 043 384 533 116 531 448 785 138 4601 331 047 396 034
Latvia 24 863 2 624 23 780 1 915 29 905 2 033 78 548 6 571
Litva 12 273 1 593 10 958 2 518 18 598 2 822 41 828 6 933
Luxembourg 4 791 3 920 32 869 4 543 28 162 9 514 65 822 17 978
Malta 1 333 1 850  737 1 331  913 1 951 2 982 5 132
Finland 15 143 10 711 16 712 19 531 15 891 13 444 47 746 43 687
France 367 679 158 696 197 139 124 879 238 569 138 576 803 386 422 151
Romania 25 473 10 453 24 837 9 848 32 194 15 162 82 504 35 463
Czech Republic 102 897 11 122 77 565 23 912 124 714 18 264 305 176 53 297
Cyprus 5 013 6 839 3 436 1 494 5 218 2 681 13 667 11 014
Slovakia 119 668 6 593 87 862 2 111 130 891 3 439 338 421 12 144
Slovenia 31 483 7 398 28 619 7 869 34 689 8 962 94 790 24 229
Spain 398 204 42 793 268 965 38 074 386 006 50 2401 053 175 131 106
Sweden 138 755 27 021 60 398 28 657 79 634 27 004 278 787 82 682
ASEAN3 210 4323 623 2762 498 1273 165 4753 372 1504 441 3589 080 70911 230 108
Of which:
Brunei 16 71624267 12 74259688 1 41819513 30 877103468
Cambodia 448 870398075 327 052459055 430 5488667991 206 4691723929
Indonesia 562 097708229 493 170553622 504 0127845591 559 2802046410
Lao PDR 56 841117633 36 83065404 51 502148612 145 174331649
Malaysia 464 268856899 328 202655819 441 8579046081 234 3262417326
Myanmar 31 51324947 20 81924574 23 10325141 75 43574663
Philippines 498 321266314 349 325193831 608 8412437271 456 487703873
Singapore 397 363341893 339 615410084 653 9964687281 390 9741220706
Thailand 734 444885018 590 372743397 656 8729796701 981 6882608085
Others
United Kingdom 780 495 49 583 484 405 53 966 637 903 71 0361 902 804 174 586
Argentina 18 768 128 380 15 225 116 668 20 014 250 884 54 007 495 932
India 829 217 508 101 609 703 385 892 662 397 504 1182 101 3171 398 111
Saudi Arabia 122 590 152 983 96 209 86 383 128 948 115 817 347 748 355 183
Belarus  1 991  1 790  1 862  5 643
Côte d’lvoire 13 075 28 413 6 927 17 889 53 626 16 201 73 627 62 503
Brazil 231 341 569 313 222 467 497 283 222 212 461 807 676 0211 528 402
United Arab Emirates 505 866 104 997 420 037 133 438 516 847 47 9021 442 751 286 337
Kazakhstan 46 499 2 350 27 936  720 40 905 5 168 115 339 8 239
Cameroon  14 995  5 008  5 642  25 645
Canada 565 532 41 779 412 181 43 637 525 154 73 8611 502 868 159 276
Chile 153 227 31 116 174 225 24 271 126 108 24 990 453 560 80 376
Kuwait 5 862 655 004 4 419 503 436 7 026 669 703 17 3081 828 143
Taiwan 462 7501 939 786 354 5331 260 260 491 5871 707 4971 308 8704 907 543
Korea2 340 8664 188 3231 832 1393 779 2522 191 3904 585 8866 364 39612 553 461
United States10 050 2551 235 3906 758 418 966 1708 963 4041 183 39225 772 0763 384 952
Hong Kong SAR (China) 901 222 146 216 768 761 79 8471 275 012 92 8032 944 996 318 867
Ixraen 96 266 184 263 65 065 146 368 69 722 151 329 231 053 481 959
Mexico 486 737 81 038 337 422 75 237 516 262 82 9941 340 422 239 269
Norway 11 168 31 911 6 637 34 764 7 935 42 208 25 739 108 883
South Africa 77 339 80 169 53 302 56 625 74 345 116 644 204 986 253 438
New Zealand 71 749 41 356 47 841 27 866 57 359 38 916 176 950 108 138
Russia Federation 238 712 196 565 130 970 204 200 160 347 179 164 530 029 579 929
Japan2 229 6741 952 2501 387 8531 624 9442 072 4361 924 2235 689 9645 501 417
Australia 521 886 729 244 358 955 544 149 473 784 588 1131 354 6251 861 506
Pakistan 36 455 49 562 26 039 33 016 33 064 32 789 95 558 115 367
Peru 46 244 7 884 32 097 3 181 38 635 6 985 116 976 18 050
Turkey 164 640 27 060 129 225 28 770 170 992 44 795 464 857 100 625
Switzerland 21 871 49 810 10 074 38 136 11 816 51 602 43 760 139 547
China, PR4 555 00411 880 8293 404 8707 448 7215 148 13711 193 80213 108 01130 523 352
Ukraine 3 234 34 028 2 311 15 104 4 014 5 420 9 559 54 552
Senegal 2 936  2 499  3 746  9 181 
          
REFERENCE DATA : OFFICIAL DATA FROM VIETNAM – GENERAL STATISTICS OFFICE – https://www.gso.gov.vn/

APPENDIX 4 – Preliminary Exports of some main goods by main countries and  territories In 2024

 
GoodsJanuaryFebruaryMarch3 months
 Quantity
(Ton)
Value
(1000 USD)
Quantity
(Ton)
Value
(1000 USD)
Quantity
(Ton)
Value
(1000 USD)
Quantity
(Ton)
Value
(1000 USD)
Precious stones, precious metals and their products 61 474  32 810  64 523 158 807
Of which: 
United States  30 716  10 692  29 918  71 326
Japan  6 456  5 190  5 763  17 409
Korea  4 499  3 353  4 334  12 185
Hong Kong SAR (China)  4 053  3 262  4 475  11 790
Belgium  2 712  2 388  6 369  11 468
Telephones and their parts5 579 647 3 933 517 4 702 38114 215 545
Of which: 
United States 1 393 907  913 387  751 424 3 058 717
China, PR  734 656  730 135 1 055 008 2 519 798
United Arab Emirates  305 805  284 532  307 648  897 984
Korea  330 240  254 640  301 370  886 249
Austria  206 548  135 017  174 882  516 447
Sweets, cookies and cereal preparations 98 607  62 498  98 667 259 772
Of which: 
United States  10 805  7 504  13 447  31 756
Korea  8 084  5 567  8 184  21 836
Japan  8 910  4 302  8 410  21 622
China, PR  7 576  3 666  5 957  17 199
Cambodia  6 069  5 238  5 472  16 779
Chemical products 234 313  175 474  245 840 655 627
Of which: 
China, PR  42 392  29 536  51 265  123 193
Malaysia  40 262  30 673  35 969  106 904
Thailand  35 022  32 031  35 925  102 978
India  12 290  8 136  12 632  33 057
Japan  11 341  8 216  12 069  31 625
Coffee 238 266 726 593 160 553 528 273 186 877 671 380 585 6961 926 246
Of which:
FR. Germany 26 976 79 220 23 689 76 400 21 712 73 697 72 377 229 316
Italia 22 915 64 848 21 343 65 186 20 369 66 034 64 627 196 068
Spain 16 046 50 173 12 055 40 025 16 518 60 106 44 619 150 305
Japan 16 430 54 253 6 990 27 651 13 961 50 003 37 381 131 907
United States 15 123 44 285 10 623 34 497 11 507 40 555 37 253 119 337
Rubber 210 327 296 714 87 917 130 208 116 073 180 429 414 317 607 351
Of which:
China, PR 167 814 232 970 58 699 84 122 61 339 90 737 287 852 407 829
India 11 836 17 612 6 044 9 523 11 068 18 014 28 948 45 149
Korea 5 331 8 226 2 873 4 546 3 851 6 525 12 055 19 297
Turkey 2 599 4 100  916 1 483 3 308 5 871 6 823 11 454
FR. Germany  986 1 593 2 051 3 300 3 340 5 734 6 377 10 627
Plastic materials 254 683 268 149 194 743 214 365 230 251 253 224 679 677 735 738
Of which:
Indonesia 64 476 67 837 22 730 25 861 13 520 17 423 100 726 111 121
China, PR 43 591 36 602 27 526 25 998 42 851 34 094 113 968 96 694
Thailand 13 399 14 806 24 345 25 931 7 226 9 091 44 970 49 828
India 19 134 20 154 9 994 12 060 8 592 11 656 37 720 43 870
Japan 10 126 10 839 12 252 12 902 12 442 13 480 34 820 37 221
Tea 12 398 21 003 5 255 8 173 8 911 14 043 26 564 43 219
Of which:
Pakistan 4 556 9 173  923 1 719 1 291 2 433 6 770 13 324
Taiwan  928 1 374  919 1 468 1 223 1 984 3 070 4 826
Russia Federation  530  828  501  791  628 1 031 1 659 2 650
China, PR  701 1 030  253  318  958 1 275 1 912 2 623
United States  913 1 202  325  433  649  860 1 887 2 496
Clinkers and cement3 203 432 120 2791 989 058 75 3372 842 324 108 4848 034 814 304 100
Of which:
Philippines 829 302 32 767 490 538 20 650 678 365 28 1461 998 205 81 562
Bangladesh 830 614 25 480 694 299 21 336 695 511 22 4122 220 424 69 228
Malaysia 185 450 6 197 77 170 2 762 161 053 5 410 423 673 14 369
Taiwan 120 800 4 536 54 800 1 741 183 211 6 293 358 811 12 570
Australia 30 635 1 456 28 317 1 449 35 273 1 658 94 225 4 563
Electrical wire and cable 289 214  193 134  286 606 768 954
Of which: 
China, PR  80 564  44 880  73 062  198 505
United States  72 075  45 617  71 691  189 383
Korea  35 745  30 147  41 430  107 322
Japan  28 365  19 206  29 165  76 736
Thailand  7 501  4 926  5 778  18 204
Crude oil 140 685 95 770 351 487 240 486 419 631 299 286 911 803 635 542
Of which:
Singapore   116 797 81 346 195 985 138 667 312 782 220 012
Thailand 39 165 29 213 155 744 104 501 75 047 51 991 269 956 185 705
China, PR     39 473 27 944 39 473 27 944
Malaysia
Toys, games and sports requisites; parts and accessories thereof 290 200  175 161  244 644 710 006
Of which: 
United States  116 101  75 856  114 727  306 683
Japan  58 688  33 796  36 714  129 198
United Kingdom  21 410  7 431  11 586  40 427
Mehico  11 168  6 684  12 241  30 092
China, PR  8 126  7 975  9 591  25 692
Rice 512 265 362 261 562 871 373 3201 106 897 691 3202 182 0331 426 901
Of which:
Philippines 280 944 194 283 219 251 142 762 511 204 311 9501 011 399 648 996
Indonesia 27 256 18 079 191 909 123 611 226 161 143 366 445 326 285 056
Malaysia 22 295 14 508 15 962 10 190 60 660 36 854 98 917 61 552
Côte d’Ivoire 8 553 6 027 7 378 4 994 76 282 49 170 92 213 60 192
Ghana 12 561 9 882 14 249 11 243 42 540 30 452 69 350 51 578
Wood and wooden products1 468 237  767 791 1 303 1393 539 167
Of which: 
United States  820 984  368 165  702 596 1 891 746
China, PR  170 442  135 825  175 912  482 179
Japan  162 823  107 500  151 894  422 218
Korea  70 002  42 361  64 852  177 215
Canada  25 889  10 133  18 370  54 392
Footwear 1 970 736 1 177 597 1 643 4844 791 816
Of which: 
United States  687 746  425 888  594 206 1 707 840
China, PR  181 088  137 240  131 043  449 370
Netherlands  118 585  81 977  142 480  343 042
Belgium  132 529  59 459  93 280  285 268
Japan  116 987  64 744  76 191  257 922
Paper and paper products 172 290  131 273  183 324 486 887
Of which: 
United States  41 764  28 788  46 641  117 193
China, PR  37 014  32 863  41 783  111 660
Cambodia  12 944  9 457  15 836  38 237
Indonesia  12 430  10 172  8 105  30 708
Thailand  10 626  8 533  11 381  30 540
Textile, sewing products3 132 954 2 024 071 2 663 5207 820 546
Of which: 
United States 1 322 103  865 008 1 106 981 3 294 091
Japan  386 690  243 539  327 687  957 916
Korea  285 404  229 662  286 848  801 915
Canada  112 795  69 493  82 331  264 620
China, PR  112 583  57 297  86 182  256 061
Fresh and pocessed vegetables and fruit 490 248  324 879  468 8591 283 986
Of which: 
China, PR  306 031  195 343  258 064  759 437
Korea  21 775  19 242  33 561  74 578
United States  22 521  17 107  28 055  67 683
Thailand  18 799  9 829  19 001  47 630
Japan  16 877  10 162  17 354  44 393
Seafood 749 793  458 396  737 6291 945 818
Of which: 
United States  110 966  77 623  134 782  323 371
Japan  130 270  66 632  124 612  321 514
China, PR  100 872  80 861  89 957  271 690
Korea  67 827  36 475  62 711  167 012
Australia  26 640  18 518  28 428  73 586
Cashew nut 65 142 351 199 26 587 142 054 58 954 315 597 150 683 808 850
Of which:
United States 15 623 81 777 7 382 39 444 16 137 86 810 39 142 208 031
China, PR 13 789 78 337 1 986 11 552 7 762 41 346 23 537 131 235
Netherlands 4 328 24 200 1 981 11 282 3 976 21 992 10 285 57 474
United Arab Emirates 3 138 17 503 1 084 5 796 1 309 7 555 5 531 30 853
FR. Germany 2 331 12 414  979 5 358 2 153 11 412 5 463 29 184
Pepper 17 467 69 865 13 447 54 457 25 869 111 497 56 783 235 819
Of which:
United States 4 831 20 021 3 904 16 514 6 537 28 569 15 272 65 104
FR. Germany  968 4 442  760 3 659 1 992 9 469 3 720 17 569
India 1 384 5 588  830 3 206 1 583 6 427 3 797 15 220
Netherlands  853 3 908  608 2 943 1 212 5 863 2 673 12 714
Korea  790 3 222  403 1 709  972 4 443 2 165 9 373
Chemicals 250 544  211 323  228 537 690 404
Of which: 
China, PR  92 901  45 902  63 368  202 171
Japan  31 671  27 062  32 236  90 969
Malaysia  26 932  23 408  16 756  67 096
Indonesia  12 757  28 504  22 435  63 696
India  17 540  22 848  19 055  59 443
Other base metals and products  372 762  250 540  374 586 997 889
Of which: 
United States  76 597  50 891  75 575  203 063
India  76 592  47 676  61 072  185 341
China, PR  31 129  15 012  44 796  90 937
Japan  28 688  22 632  30 486  81 806
Korea  26 949  21 035  28 998  76 982
Cameras and their parts 823 400  613 554  763 5832 200 538
Of which: 
China, PR  543 887  387 841  484 440 1 416 168
United States  77 200  59 631  97 368  234 198
Korea  53 725  39 077  40 251  133 053
Hong Kong SAR (China)  32 558  28 508  20 381  81 448
Japan  10 220  5 414  13 043  28 677
Other Machinery, instrument, accessory4 017 491 2 958 524 3 959 74110 935 755
Of which: 
United States 1 567 071 1 129 905 1 513 692 4 210 668
Korea  277 926  197 923  273 559  749 408
China, PR  271 188  168 734  288 641  728 562
Japan  237 350  180 736  230 259  648 345
Netherlands  212 169  148 277  237 754  598 201
Computers, Electronical products & parts5 345 001 4 647 648 6 341 82016 334 469
Of which: 
United States 1 788 702 1 448 868 1 802 123 5 039 693
China, PR  852 939  791 049 1 461 895 3 105 883
Hong Kong SAR (China)  567 705  531 675  915 667 2 015 046
Korea  539 679  543 101  446 894 1 529 674
Netherlands  226 339  190 666  260 854  677 859
Auxiliary materials for textile, garment, leather, footwear 193 061  117 344  187 403 497 808
Of which: 
Cambodia  37 012  19 122  33 524  89 657
Indonesia  32 233  23 342  31 837  87 412
China, PR  16 947  11 129  18 358  46 434
India  17 846  6 932  9 354  34 132
Japan  11 068  8 527  12 460  32 056
Fertilizers 180 221 72 896 171 741 72 523 147 824 62 369 499 786 207 788
Of which:
Cambodia 37 782 16 084 29 748 11 896 35 980 14 503 103 510 42 483
Korea 47 206 19 349 13 514 5 852 8 227 3 736 68 947 28 937
Philippines 15 558 7 200 2 336  924 18 952 9 486 36 846 17 610
Malaysia 13 074 4 146 9 333 3 252 9 704 3 557 32 111 10 955
Myanma 7 556 4 256 6 664 3 122 2 910 1 477 17 130 8 855
Means of transport and equipment1 328 869  932 514 1 402 8063 664 190
Of which: 
United States  289 799  203 825  271 181  764 804
Japan  307 314  183 565  227 786  718 664
Korea  158 798  82 796  168 751  410 346
Singapore  12 541  6 734  141 477  160 752
Thailand  56 516  43 940  56 528  156 984
Ores and other minerals 370 000 24 006 136 184 15 202 234 724 21 836 740 908 61 044
Of which:
China, PR 42 841 13 068 8 802  913 11 268 13 331 62 911 27 311
Taiwan 83 968 1 810 33 528 1 240 30 671 1 101 148 167 4 152
Japan 9 894 2 225 5 614  775 5 652  802 21 160 3 803
Malaysia 86 539  949 52 800  936 57 400 1 397 196 739 3 282
Korea 52 282  651   78 210  943 130 492 1 594
Pottery and glasware 64 562  37 138  58 288 159 988
Of which: 
United States  17 012  8 756  16 507  42 275
Japan  9 188  6 043  7 640  22 870
Taiwan  4 587  4 573  6 827  15 988
United Kingdom  3 314  1 889  3 646  8 848
Thailand  4 117  1 864  2 737  8 719
Rattan, bamboo and rush products 79 751  47 314  74 515 201 580
Of which: 
United States  31 262  17 789  28 087  77 138
United Kingdom  5 292  3 549  5 233  14 074
Japan  5 178  2 981  4 622  12 781
Spain  3 800  1 902  4 617  10 319
France  4 162  2 263  3 439  9 864
Articles of rubber 105 316  68 202  110 566 284 085
Of which: 
United States  36 162  22 605  36 779  95 546
Japan  16 740  10 257  15 409  42 406
Korea  8 767  5 010  10 020  23 797
China, PR  4 782  3 282  8 518  16 581
FR. Germany  3 371  1 810  3 401  8 582
Articles of plastics 555 152  350 838  556 3691 462 359
Of which: 
United States  256 121  140 227  235 705  632 053
Japan  64 835  45 275  66 551  176 661
Korea  24 537  20 436  25 672  70 645
Thailand  15 085  14 122  22 979  52 186
Cambodia  18 352  13 201  18 566  50 119
Articles of iron and steel 385 311  252 697  416 4731 054 482
Of which: 
United States  103 344  68 222  129 930  301 497
Japan  50 477  35 953  55 908  142 338
Taiwan  36 991  6 938  37 266  81 195
Korea  17 285  14 272  22 862  54 419
Canada  20 990  9 889  8 290  39 169
Casava and casava products 422 855 195 635 216 206 95 875 305 875 138 937 944 936 430 448
Of which:
China, PR 401 945 183 990 197 985 85 723 290 624 130 407 890 554 400 120
Taiwan 4 997 2 735 4 690 2 575 6 009 3 359 15 696 8 669
Philippines 1 048  510 2 565 1 331 2 505 1 315 6 118 3 156
Malaysia 1 807  970  451  231 1 884 1 018 4 142 2 218
Korea  42  27   1 418  496 1 460  522
Iron, Steel1 160 060 822 650 990 342 744 7901 083 077 821 6683 233 4792 389 107
Of which:
United States 139 218 113 889 158 582 136 503 166 062 149 212 463 862 399 605
Italia 203 456 118 115 183 795 117 230 95 080 63 483 482 331 298 828
Cambodia 107 143 68 560 81 102 52 731 94 072 61 501 282 317 182 791
Belgium 54 081 39 445 74 358 63 863 101 489 72 769 229 928 176 076
Malaysia 119 497 75 470 56 084 41 310 57 394 42 303 232 975 159 083
Other furniture products (excluding wooden furniture) 314 177  168 157  300 878 783 212
Of which: 
Denmark  3 642  2 030  3 605  9 278
Australia  2 978  1 703  2 302  6 982
Cambodia  1 124   445   571  2 140
Taiwan   633   467   768  1 869
Finland   777   503   393  1 673
Coal 1 081  345  746  215 1 065  288 2 892  848
Of which:
Netherlands  417  100    138  33  555  133
Thailand    206  48  208  49  414  97
Japan  143  47    85  32  228  79
Philippines  80  34    40  17  120  51
Korea    166  40  25  6  191  46
Glass and glassware 86 919  52 583  83 582 223 085
Of which: 
Singapore  36 805  22 154  35 044  94 003
United States  14 637  5 945  12 302  32 885
Malaysia  8 015  3 882  4 618  16 515
Thailand  4 135  4 404  7 599  16 138
Japan0,025590,09800,049160,08455
Animal fodder and materials 84 729  57 971  79 567 222 267
Of which: 
China, PR  27 310  21 272  31 270  79 852
Cambodia  13 715  7 622  9 164  30 502
United States  11 493  6 420  9 760  27 673
Malaysia  10 988  7 950  7 546  26 484
Philippines  2 548  1 976  2 874  7 398
Bags, pockets, wallets, suitcases, hats and umbrellas 375 001  205 994  314 442 895 436
Of which:
United States  151 238  84 319  125 094  360 651
Japan  42 061  22 356  25 603  90 020
Netherlands  25 470  13 108  25 162  63 740
Canada  15 332  11 758  15 090  42 180
Korea  15 567  9 862  13 084  38 513
Pieces of cloth and other technical cloths 66 623  59 554  69 349 195 525
Of which: 
United States  18 556  16 905  19 619  55 080
Korea  6 709  5 243  6 166  18 118
Japan  4 120  3 814  4 900  12 835
Thailand  4 124  3 368  3 720  11 211
China, PR  1 493  2 249  3 898  7 640
Petroleum oil, refined 227 585 193 123 214 884 179 840 188 841 159 060 631 310 532 023
Of which:
Cambodia 43 829 36 615 45 085 39 638 30 847 24 637 119 761 100 890
Korea 24 742 22 578 16 852 15 119 19 352 17 867 60 946 55 563
China, PR 27 798 26 664 14 432 13 583 13 217 12 627 55 447 52 875
Laos 14 277 11 560 13 191 11 015 8 510 6 902 35 978 29 477
Singapore 12 498 6 525 12 287 6 825 14 626 9 165 39 411 22 514
Fibres, not spun 161 863 374 402 120 196 292 358 158 649 388 951 440 7081 055 711
Of which:
China, PR 72 907 184 555 56 205 144 535 71 813 185 816 200 925 514 906
Korea 14 465 41 211 11 172 32 988 16 284 48 014 41 921 122 214
United States 14 017 17 012 10 581 13 471 14 017 18 081 38 615 48 565
Bangladesh 3 055 11 984 2 388 9 223 4 034 13 538 9 477 34 744
Indonesia 4 924 13 851 2 210 6 606 2 838 8 059 9 972 28 516
          
REFERENCE DATA : OFFICIAL DATA FROM VIETNAM – GENERAL STATISTICS OFFICE – https://www.gso.gov.vn/

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