In February, Vietnam imported US$313.60 million worth of goods from Germany, down from US$358.80 million in January, a change of -12.60 percent, according to preliminary data from Vietnam’s General Department of Customs.
So far this year, Vietnam has imported US$673 million worth of goods from Germany.
Vietnam imported US$105.34 million worth of machine, equipment, tools and instruments from Germany in February. This was down from US$135.17 million in January, a change of -22.07 percent.
Vietnam imported US$60.21 million worth of other products from Germany in February. This was up from US$38.82 million in January, a change of 55.11 percent.
Vietnam imported US$26.90 million worth of pharmaceutical products from Germany in February. This was down from US$27.61 million in January, a change of -2.57 percent.
Vietnam imported US$21.74 million worth of computers from Germany in February. This was down from US$27.26 million in January, a change of -20.26 percent.
Vietnam imported US$15.94 million worth of chemical products from Germany in February. This was down from US$20.06 million in January, a change of -20.56 percent.
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Vietnam’s trade with Germany this year
In February, Vietnam imported goods worth US$313.60 million from Germany and exported US$732.89 million, bringing total trade to US$1,046.50 million and resulting in a trade surplus of US$419.29 million.
Two-way trade so far this year between Vietnam and Germany has reached US$2,417.50 million, with Vietnam importing US$673.12 million worth of goods and exporting US$1,744.38 million.
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Vietnam-Germany news
Recent developments in trade and investment between the two countries include:
Exports to Germany
Vietnam exported US$733 million worth of goods to Germany in February, down 27.54 percent from US$1,011 million in January, according to preliminary data from Vietnam’s General Department of Customs. Read more→
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Vietnam-Germany trade relations
Vietnam and Germany maintain strong trade relations supported by the EU-Vietnam Free Trade Agreement (EVFTA).
The agreement has reduced tariffs and improved market access for goods traded between both countries.
Germany is one of Vietnam’s largest trading partners in Europe, particularly for machinery, electronics, and industrial goods.
Vietnam exports electronics, footwear, textiles, and furniture to Germany.
Bilateral ties are reinforced by investment, industrial cooperation, and development partnerships.
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The data
Vietnam imports from Germany in February US$m
| February | January | MoM | YTD | |
| Total | 313.60 | 358.80 | -12.60% | 673.12 |
| Machine, equipment, tools and instruments | 105.34 | 135.17 | -22.07% | 240.63 |
| Other products | 60.21 | 38.82 | 55.11% | 99.44 |
| Pharmaceutical products | 26.90 | 27.61 | -2.57% | 54.52 |
| Computers | 21.74 | 27.26 | -20.26% | 49.00 |
| Chemical products | 15.94 | 20.06 | -20.56% | 36.04 |
| Chemicals | 13.57 | 17.35 | -21.80% | 31.00 |
| Other means of transportation, parts and accessories thereof | 11.71 | 11.36 | 3.11% | 23.09 |
| Plastic products | 7.21 | 8.73 | -17.39% | 15.96 |
| Iron and steel products | 4.82 | 7.95 | -39.46% | 12.79 |
| Milk and milk products | 4.78 | 10.00 | -52.20% | 14.78 |
| Parts and accessories of motor vehicles | 4.17 | 6.30 | -33.87% | 10.51 |
| Insecticides, rodenticides and materials | 3.66 | 2.46 | 48.47% | 6.12 |
| Plastics | 3.58 | 5.81 | -38.34% | 9.39 |
| Animal fodders and animal fodder materials | 3.29 | 4.65 | -29.26% | 7.95 |
| Wood and wooden products | 3.26 | 4.40 | -25.81% | 7.67 |
| Iron and steel | 2.67 | 1.73 | 54.91% | 4.40 |
| Other base metal products | 2.59 | 2.04 | 27.07% | 4.63 |
| Motor vehicles | 2.14 | 7.18 | -70.26% | 9.32 |
| Rubber products | 2.12 | 2.18 | -2.97% | 4.30 |
| Rubber | 1.93 | 0.87 | 122.24% | 2.79 |
| Textile and footwear materials | 1.84 | 3.40 | -45.89% | 5.24 |
| Other edible food preparations | 1.40 | 1.18 | 19.30% | 2.58 |
| Insulated wires and cables | 1.40 | 2.49 | -43.70% | 3.90 |
| Other base metals | 1.30 | 1.52 | -14.43% | 2.82 |
| Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 1.28 | 2.21 | -42.22% | 3.49 |
| Paper | 1.18 | 1.04 | 14.03% | 2.22 |
| Other petroleum products | 0.92 | 0.96 | -3.85% | 1.89 |
| Fabrics | 0.73 | 1.22 | -39.77% | 1.95 |
| Ores and other mineral products | 0.58 | 0.70 | -17.26% | 1.28 |
| Fertilizers | 0.50 | 0.64 | -22.07% | 1.13 |
| Pharmaceutical materials | 0.32 | 0.24 | 33.05% | 0.56 |
| Pastries, sweets and cereal products | 0.32 | 0.90 | -64.65% | 1.20 |
| Paper products | 0.19 | 0.36 | -46.81% | 0.55 |
Vietnam trade with Germany year to date US$m
| February | January | MoM | 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 |