Vietnam-Italy bilateral trade increased sharply this year despite difficulties
Thursday, January 30,2025
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 |
|
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