Vietnam exported US$733 million worth of goods to Germany in February, down 27.54 percent from US$1,011 million in January, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam has exported US$1,744 million worth of goods to Germany.
Phones were Vietnam’s largest export to Germany in February at US$122.45 million, down from US$133.81 million in January, a change of -8.49 percent.
Coffee exports to Germany totalled US$112.24 million in February, down from US$175.46 million in January, a change of -36.03 percent.
Computers and electronic products reached US$100.11 million in February, down from US$115.76 million in January, a change of -13.52 percent.
Machine, equipment, tools and instruments exports were US$94.51 million in February, down from US$111.14 million in January, a change of -14.96 percent.
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Vietnam’s trade with Germany
In February, Vietnam imported US$313.60 million worth of goods from Germany and exported US$732.89 million to Germany, for total trade worth US$1,046.50 million, and leaving a trade surplus of US$419.29 million.
Two-way trade so far this year between Vietnam and Germany has reached US$2,418 million, with Vietnam importing US$673 million worth of goods and exporting US$1,744 million worth of goods.
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Vietnam-Germany news
Recent developments involving the two countries include:
Imports from Germany
In January, Vietnam imported US$358.80 million worth of goods from Germany, down from US$455.12 million in December, a change of -21.16 percent, according to preliminary data from Vietnam’s General Department of Customs. Read more→
Germany’s KURZ expansion
KURZ Vietnam, a subsidiary of Germany-based LEONHARD KURZ, broke ground on Phase 2 of its factory project with additional investment of VND 830 billion, about US$31.52 million, at Becamex VSIP Binh Dinh Industrial Park.
The expansion will add 25 million square meters of annual production capacity and is scheduled for completion by the end of 2028. Read more→
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Vietnam-Germany trade relations
Vietnam and Germany have developed strong trade and economic ties over the past three decades, supported by a range of bilateral and multilateral agreements.
Germany is one of Vietnam’s largest trading partners in Europe, with trade strengthened by the European Union–Vietnam Free Trade Agreement, which took effect in 2020 and progressively reduces tariffs on goods moving between the two markets.
Economic cooperation between the two countries dates back to diplomatic relations established in 1975, with trade expanding significantly after Vietnam’s economic reforms in the late 1980s.
Germany has also been a major partner in development cooperation, vocational training and technology transfer, supporting Vietnam’s industrialisation and export-oriented manufacturing sector.
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The data
Vietnam trade with Germany year to date February US$m
| February | January | Change | YTD | |
| Imports | 313.60 | 358.80 | -12.60% | 673.12 |
| Exports | 732.89 | 1,011.52 | -27.54% | 1,744.38 |
| Total | 1,046.50 | 1,370.31 | -23.63% | 2,417.50 |
| Balance | 419.29 | 652.72 | -35.76% | 1,071.26 |
Vietnam exports to Germany in February US$m
| February | January | Change | YTD | |
| Total | 732.89 | 1,011.52 | -27.54% | 1,744.38 |
| phones | 122.45 | 133.81 | -8.49% | 256.27 |
| coffee | 112.24 | 175.46 | -36.03% | 287.70 |
| computers | 100.11 | 115.76 | -13.52% | 215.87 |
| machine, equipment, tools and instruments | 94.51 | 111.14 | -14.96% | 205.65 |
| other products | 44.01 | 63.17 | -30.33% | 107.20 |
| footwear | 39.53 | 58.54 | -32.47% | 98.06 |
| textiles and garments | 39.29 | 63.60 | -38.22% | 102.90 |
| other means of transportation, parts and accessories thereof | 29.35 | 46.74 | -37.22% | 76.09 |
| iron and steel products | 27.80 | 13.19 | 110.77% | 41.01 |
| other base metals and other base metal products | 26.13 | 36.85 | -29.08% | 62.98 |
| fishery products | 13.78 | 20.83 | -33.84% | 34.61 |
| handbags, purses, suitcases, headgear and umbrellas | 12.01 | 19.10 | -37.10% | 31.12 |
| plastic products | 11.05 | 16.48 | -32.96% | 27.53 |
| wood and wooden products | 10.93 | 14.26 | -23.32% | 25.15 |
| still image, video cameras and parts thereof | 8.78 | 11.37 | -22.82% | 20.15 |
| cashew nut | 7.64 | 17.16 | -55.48% | 24.80 |
| fruits and vegetables | 7.46 | 12.27 | -39.14% | 19.73 |
| pepper | 7.27 | 7.42 | -1.97% | 14.69 |
| toys and sporting goods | 5.19 | 47.97 | -89.19% | 53.14 |
| textile and footwear materials | 3.56 | 6.74 | -47.17% | 10.30 |
| pastry, sweets and cereals products | 2.90 | 4.38 | -33.67% | 7.28 |
| rubber products | 1.92 | 2.82 | -31.97% | 4.74 |
| rubber | 1.27 | 4.09 | -68.87% | 5.37 |
| chemical products | 1.06 | 1.77 | -39.89% | 2.84 |
| ceramic products | 0.81 | 1.99 | -59.04% | 2.80 |
| bamboo and rattan products | 0.76 | 3.10 | -75.54% | 3.86 |
| precious stones, precious metal and articles thereof | 0.35 | 0.75 | -53.11% | 1.10 |
| paper and paper products | 0.34 | 0.23 | 45.63% | 0.57 |
| iron and steel | 0.28 | 0.46 | -40.66% | 0.00 |
| tea | 0.09 | 0.07 | 31.76% | 0.16 |
| iron and steel | 0.00 | 0.46 | -100.00% | 0.00 |