Vietnam-Italy bilateral trade increased sharply this year despite difficulties
Friday, December 27,2024
AsemconnectVietnam - Bilateral trade between Italy and Vietnam has benefited from the positive impact of the EU-Vietnam Free Trade Agreement (EVFTA). This trade agreement has been providing many opportunities to increase the presence of Vietnamese products in the Italian market.
|
2019
|
2020
|
2021
|
2022
|
2023
|
|
|
Vietnam's exports to Italy
|
3,511,333
|
3,269,732
|
4,168,786
|
5,114,444
|
4,797,367
|
|
Vietnam's imports from Italy
|
1,454,436
|
1,205,726
|
1,398,894
|
1,429,745
|
1,326,469
|
|
Vietnam-Italy total two-way trade
|
4,965,769
|
4,475,458
|
5,567,680
|
6,544,189
|
6,123,836
|
|
Trade surplus
|
2,056,897
|
2,064,006
|
2,769,892
|
3,684,699
|
3,470,898
|
|
Group/item name
|
Nobember of 2024
|
First 11 months of 2024
|
|||
|
Value
(USD)
|
Month on
month (%)
|
Value
(USD)
|
Month on
month (%)
|
Value
(USD)
|
|
|
TOTAL VALUE
|
(USD)
|
-13.17
|
(%)
|
(USD)
|
10.71
|
|
All kinds of iron and steel
|
407,804,502
|
-68.95
|
6.72
|
4,553,097,921
|
-23.59
|
|
Computers, electronic products and components
|
30,943,795
|
20.79
|
-49.89
|
771,457,423
|
160.86
|
|
All kinds of phones and components
|
84,231,462
|
-33.04
|
155.7
|
552,883,877
|
-14.67
|
|
Other machinery, equipment, tools and spare parts
|
26,567,058
|
-31.82
|
-62.64
|
478,109,094
|
26.65
|
|
All kinds of footwear
|
45,889,245
|
-5.56
|
13.07
|
430,338,126
|
23.15
|
|
Coffee
|
53,937,141
|
105.14
|
44.78
|
410,146,785
|
43.29
|
|
Means of transport and spare parts
|
32,283,519
|
45.85
|
116.88
|
402,658,048
|
-1.32
|
|
Textiles and garments
|
29,327,421
|
-14.14
|
30
|
328,612,121
|
13.32
|
|
Other goods
|
27,340,380
|
21.13
|
2.54
|
310,648,165
|
10.63
|
|
Raw plastics
|
22,805,269
|
-10.73
|
35.36
|
296,996,788
|
26.98
|
|
Seafood products
|
9,952,673
|
28
|
-26.74
|
92,850,265
|
-2.32
|
|
Handbags, wallets, suitcases, hats and umbrellas
|
6,449,323
|
18.21
|
-36.09
|
84,911,337
|
1.07
|
|
Iron and steel products
|
7,663,368
|
-17.04
|
-18.61
|
82.8 27,091
|
13.06
|
|
Textile, garment, leather and shoe raw materials
|
3,480,145
|
-11.13
|
23.58
|
44,534,803
|
15.84
|
|
Cashew nuts
|
3,238,839
|
46.49
|
-1.09
|
38,971,525
|
3.4
|
|
Plastic products
|
4,581,622
|
18.65
|
40.37
|
34,588,171
|
36.83
|
|
Chemicals
|
3,079,241
|
-60.05
|
105.46
|
24,428,314
|
68.46
|
|
Rubber
|
905.520
|
-40.73
|
-49.6
|
23,295,819
|
105.85
|
|
Toys, sports equipment and parts
|
920,576
|
28.3
|
-11.24
|
21,445,926
|
20.6
|
|
Rubber products
|
1,409,204
|
48.6
|
52.65
|
20,734,756
|
59.58
|
|
All kinds of textile fibers and yarns
|
2,032,587
|
61.69
|
42.19
|
20,143,255
|
-33.18
|
|
Wood and wood products
|
2,364,021
|
113.74
|
33.73
|
19,401,491
|
1.76
|
|
Rattan, bamboo, sedge and carpet products
|
2,718,789
|
43.81
|
-9.27
|
17,563,078
|
22.11
|
|
Vegetables and fruits
|
2,117,464
|
35.58
|
35.03
|
15,064,113
|
43.13
|
|
Ceramic and porcelain products
|
1,942,595
|
5.53
|
209.26
|
12,960,277
|
5.09
|
|
Pepper
|
899,943
|
6.24
|
-0.73
|
9,391,660
|
90.38
|
|
Group/item name |
Nobember of 2024 |
First 11 months of 2024 |
|||
|
Value (USD) |
Month on month (%) |
Value (USD) |
Month on month (%) |
Value (USD) |
|
|
TOTAL VALUE |
174,551,482 |
-8.12 |
29.29 |
1,797,845,750 |
21.34 |
|
Other Goods |
49,107,789 |
-7.12 |
66.75 |
433,345,322 |
27.72 |
|
Other machinery, equipment, tools and spare parts |
40,423,847 |
-7.61 |
17.18 |
423,563,165 |
1.14 |
|
Pharmaceutical product |
26,568,889 |
-22.23 |
58.66 |
279,479,326 |
55.64 |
|
Textile, garment, leather, footwear raw materials |
15,068,019 |
-29.73 |
-10.69 |
208,261,049 |
23.79 |
|
Fabrics of all kinds |
15,025,741 |
22.87 |
21.58 |
130,994,513 |
20.24 |
|
Chemical Products |
9,084,364 |
34.55 |
35.96 |
81,407,926 |
38.63 |
|
Wood and wood products |
2,438,146 |
-11.62 |
51.51 |
41,447,805 |
87.2 |
|
Iron and steel products |
2,208,562 |
-22.86 |
19.79 |
30,987,733 |
-2.63 |
|
Plastic Products |
2,528,977 |
1.85 |
-12.74 |
29,421,684 |
21.19 |
|
Aromatics, cosmetics and hygiene products |
2,716,256 |
27.06 |
9.92 |
29,002,835 |
22.93 |
|
Chemical |
2,658,775 |
77.27 |
34.67 |
21,763,922 |
-14.78 |
|
Computers, electronic products and components |
1,235,721 |
-13.17 |
-33.22 |
16,025,650 |
-7.08 |
|
Rubber products |
1,382,858 |
-13.64 |
68.4 |
13,332,013 |
16.09 |
|
Raw Material Plastics |
1,181,743 |
10.16 |
-21.63 |
12,616,012 |
-2.58 |
|
Animal Feed and Raw Materials |
324,057 |
0.35 |
-0.7 |
9,588,632 |
-0.81 |
|
Paper of all kinds |
579,741 |
20.71 |
18.15 |
8,884,756 |
74.68 |
|
Pharmaceutical Raw Materials |
542,135 |
-11.08 |
-21.53 |
8,548,448 |
27.86 |
|
Auto components and spare parts |
832,525 |
40.81 |
6.73 |
6,690,343 |
-7.22 |
|
Other common metals |
260,716 |
-22.07 |
-56.01 |
6,215,114 |
73.18 |
|
Household electrical appliances and components |
260,963 |
-23.14 |
-32.85 |
4,579,373 |
-8.5 |
|
Iron and steel of all kinds |
61,765 |
-74.22 |
-33.51 |
1,289,199 |
-5.19 |
|
Tobacco Raw Materials |
59,892 |
-8.91 |
400,933 |
9.25 |
|
Vietnam's goods exports to key markets in Asia in 11 months of 2024
Vietnam's exports to UK, France, and Netherlands in 11 months of 2024
Vietnam’s imports of raw materials for animal feed production in 11 months of 2024
Exports to China reached 55.05 billion USD in 11 months of 2024
Vietnam's exports to Germany increased by 5.5% in the first 11 months of 2024
Vietnam's exports to the Netherlands increased by 27.5% in the first 11 months of this year
Vietnam's coffee exports to the EU increased by over 50% in the first 10 months of 2024
Total retail sales of goods and consumer service revenue increased by 8.8%
First market with 100 billion USD in export turnover
Vietnam's textile and garment exports to the EU increased by 10.5% in the first 10 months of 2024
11 months, exports recorded a high increase compared to many countries in the ASEAN region
Vietnam to promote agricultural exports to Japan
Vietnam’s imports from China hit record high of over 130 billion USD
E-commerce forecast to exceed 25 billion USD
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