Vietnam’s exports to Germany in November 2024 amounted to US$663.96 million, representing a month-on-month decline of 6.16 percent, according to Vietnam’s General Department of Customs. This performance highlights changes in key sectors influenced by global market dynamics.
Year-to-date figures reflect a broader view, with exports to Germany totalling US$7.20 billion. This underscores Germany’s importance as one of Vietnam’s key trading partners, with significant contributions from machinery, textiles, and electronics.
Machinery and tools led November exports with a total of US$115.18 million but faced a month-on-month drop of 12.36 percent. Computers and electronic products showed stability, dipping only 0.09 percent to US$100.93 million. Footwear exports grew by 3.51 percent to US$78.30 million, while mobile phones experienced a sharp contraction of 42.42 percent, reaching US$44.37 million.
Textiles and garments contributed US$79.67 million, while coffee exports surged by 28.49 percent month-on-month to US$29.55 million. On the other hand, handbags declined 25.78 percent to US$16.53 million. Despite these fluctuations, Vietnam’s export landscape remains robust, showcasing its critical role in global supply chains.
Vietnam continues to adapt to shifting trade dynamics with resilience and strategic trade diversification.
See also: Trade in Vietnam
Vietnam exports to Germany, November 2024, US$