Vietnam exports to India down 14.55 percent February 2026 MoM / phones +44.50%, computers -45.02%

In February, Vietnam exported US$850 million worth of goods to India, down 14.55 percent over January, according to preliminary data from Vietnam’s General Department of Customs.

So far this year, Vietnam has exported US$1,846 million worth of goods to India.

Bar chart of Vietnam's exports to India 2026, US$millions

Vietnam exported US$215.86 million worth of phones to India in February, up from US$149.39 million in January, a change of 44.50 percent.

It also exported US$107.84 million worth of computers to India in February, down from US$196.16 million in January, a change of -45.02 percent.

Vietnam exported US$93.51 million worth of machines, equipment, tools and instruments to India in February, up slightly from US$93.25 million in January, a change of 0.28 percent.

It also exported US$77.75 million worth of other base metals and other base metal products to India in February, down from US$103.68 million in January, a change of -25.01 percent.

Bar chart of Vietnam's main exports to India in February

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Vietnam’s trade with India

In February, Vietnam imported US$475.74 million worth of goods from India and exported US$850.12 million to India, for total trade worth US$1,325.87 million, and leaving a trade surplus of US$374.38 million.

Two-way trade so far this year between Vietnam and India has reached US$3,005 million, with Vietnam importing US$1,160 million worth of goods and exporting US$1,846 million worth of goods.

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Vietnam-India news

Recent developments involving the two countries include:

Exports to India

In January, Vietnam exported US$995 million worth of goods to India, up 0.13 percent over December, according to preliminary data from Vietnam’s General Department of Customs. Read more→

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Vietnam-India trade relations

Vietnam and India established diplomatic relations in 1972, building on earlier political ties during the Cold War and expanding into a Comprehensive Strategic Partnership in 2016.

Trade has grown steadily over the past decade, supported by frameworks such as the ASEAN India Trade in Goods Agreement and broader cooperation through ASEAN led mechanisms.

Bilateral engagement spans energy, pharmaceuticals, agriculture, textiles, and information technology, with both governments promoting supply chain diversification and market access.

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The data

Vietnam trade with India year to date February 2026 US$m

FebruaryJanuaryChangeYTD
Imports475.74678.58-29.89%1,159.74
Exports850.12994.90-14.55%1,845.56
Total1,325.871,673.48-20.77%3,005.31
Balance374.38316.3118.36%685.82

Vietnam exports to India in February 2026 US$m

FebruaryJanuaryChangeYTD
Total850.12994.90-14.55%1,845.56
Phones215.86149.3944.50%365.25
Computers107.84196.16-45.02%304.00
Other products104.49148.22-29.50%252.78
Machine, equipment, tools and instruments93.5193.250.28%186.76
Other base metals and other base metal products77.75103.68-25.01%181.43
Iron and steel63.8169.33-7.97%133.15
Chemicals27.7317.4459.01%45.59
Plastics23.9328.07-14.76%52.00
Plastic products18.7428.47-34.19%47.21
Other means of transportation, parts and accessories thereof18.1025.11-27.92%43.21
Textiles and garments16.1022.77-29.29%38.87
Rubber11.6612.88-9.45%24.53
Footwear11.3815.76-27.78%27.14
Textile and footwear materials10.6616.20-34.19%26.85
Chemical products10.0610.07-0.10%20.14
Coffee8.6214.24-39.46%22.86
Iron and steel products8.458.114.23%16.56
Yarn4.366.70-34.95%11.06
Animal fodders and animal fodder materials3.634.93-26.49%8.56
Wood and wood products3.407.71-55.86%11.15
Pepper3.256.04-46.23%9.28
Bamboo and rattan products2.903.85-24.50%6.75
Rubber products1.451.95-25.91%3.40
Fishery products1.042.34-55.54%3.37
Ceramic products0.490.61-19.87%1.09
Cashew nut0.430.2951.19%0.72
Tea0.300.93-67.53%1.23
Pastry, sweets and cereals products0.190.42-53.73%0.61
Coal0.000.000.00%0.00
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