India ships US$497.57 million of goods to Vietnam in September, down 3.34 percent month-on-month

Vietnam’s imports from India fell by 3.34 percent month-on-month to US$497.57 million in September 2025, according to preliminary data from Vietnam’s General Department of Customs.

Year-to-date imports totalled US$4.35 billion.

Graph of Vietnam exports to India in 2025, US$millions

Key categories declined across most sectors, with machinery and equipment down 25.73 percent and fishery products down 18.96 percent.

Other base metals rose 27.15 percent, while precious stones surged 57.23 percent.

Imports of animal and vegetable fats more than doubled to US$5.11 million.

Bar chart of Vietnam's main exports to India in September 2025

Telephones and parts also jumped sharply, up over 455 percent to US$2.29 million.

Chemicals and pharmaceutical products fell 9.21 and 8.79 percent respectively.

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Exports to India

Vietnam’s exports to India fell by 11.73 percent in September 2025 to US$835.39 million from US$946.41 million in August.

Year-to-date exports reached US$7.73 billion.

Graph of Vietnam exports to India in 2025, US$millions

Vietnam-India total trade

Vietnam’s total trade with India saw a noticeable monthly contraction in September 2025, falling by 8.78 percent compared to August.

The total value of bilateral trade for the month stood at US$1,332.96 million, down from August’s US$1,461.19 million.

This decline was driven by a sharp drop in Vietnam’s exports, which fell 11.73% month-on-month to US$835.39 million from US$946.41 million.

Vietnam’s imports from India also decreased, albeit at a slower rate, recording a 3.34% reduction to US$497.57 million from US$514.78 million in August.

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Vietnam trade with India September 2025 US$millions

SeptemberAugustMoMYTD
Imports497.57514.78-3.34%4,350.42
Exports835.39946.41-11.73%7,726.07
Total1,332.961,461.19-8.78%12,076.50
Balance337.82431.63-21.73%3,375.65

Vietnam-India trade relations

Trade relations between Vietnam and India are robust and growing, characterized by a complementary structure.

Vietnam primarily exports electronic equipment, mobile phones and components, and machinery to India, consistently maintaining a trade surplus.

Conversely, India mainly exports goods such as iron and steel products, meat and edible meat offal, pharmaceuticals, and textile materials to Vietnam.

Both countries are focused on strengthening this economic partnership and encouraging investment in sectors like energy, IT, and manufacturing.

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