Vietnam imports from India reach double digits in April over March, iron & steel sees biggest gains

In April, Vietnam imported US$815.70 million worth of goods from India, up from US$722.12 million in March, a change of 12.96 percent, according to preliminary data from Vietnam’s General Department of Customs.

So far this year, Vietnam has imported US$2,706 million worth of goods from India.

Doughnut chart Vietnam's main imports from India in April, 2026. Bar chart of Vietnam imports from India in 2026, US$millions.

Vietnam-India trade relations

Vietnam and India have steadily expanded economic ties since establishing diplomatic relations in 1972, with trade gaining momentum after Vietnam’s economic reforms and deeper regional integration.

Bilateral engagement strengthened further with the ASEAN-India Free Trade Agreement, which reduced tariffs and facilitated greater flows of goods between the two economies.

Both countries have also upgraded their relationship to a Comprehensive Strategic Partnership, reflecting broader cooperation across trade, investment, and supply chains.

Trade agreements and policy coordination continue to support growth in key sectors such as electronics, agriculture, and energy, while reinforcing long-term economic cooperation.

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The data

Vietnam imports from India in April US$m

AprilMarchMoMYTD
Total815.70722.1212.96%2,706.34
Other325.89273.5419.14%1,032.47
Iron and steel of all kinds127.7790.1341.76%308.12
Machinery, equipment, tools, and other spare parts.58.9174.40-20.82%239.34
Seafood50.6343.0917.49%168.32
Automotive components and parts36.6938.74-5.31%149.38
Pharmaceuticals27.8632.67-14.71%99.12
Animal feed and raw materials26.1116.7156.23%94.08
Chemicals21.9419.969.92%73.55
Pesticides and raw materials20.6215.1735.93%54.33
Chemical products17.2816.832.67%65.31
Fibers and yarns of all kinds16.4916.56-0.48%57.91
Gemstones, precious metals and products10.5513.76-23.32%46.90
Cotton of all kinds9.027.2923.80%33.25
Fabrics of all kinds7.457.410.49%25.02
Raw materials for textiles, garments, leather, and footwear.7.429.44-21.45%30.92
Iron and steel products7.016.1713.52%24.67
Fruits and vegetables6.085.981.68%31.77
Computers, electronic products and components5.913.5765.46%14.77
Pharmaceutical raw materials5.785.0314.99%18.59
Ore and other minerals4.933.7631.17%15.34
Plastic raw materials4.873.9423.74%21.57
Plastic products4.484.51-0.58%16.82
Rubber2.984.10-27.37%13.16
Other petroleum products2.511.3585.55%42.33
Animal and vegetable oils and fats2.432.277.00%11.50
Rubber products2.002.36-15.50%7.85
Paper of all kinds1.331.76-24.11%5.75
Phones of all types and components0.430.54-20.43%1.46
Fertilisers of all kinds0.330.324.84%0.98
Complete automobiles of all types0.000.42-100.00%1.31
Tobacco raw materials0.000.32-100.00%0.44

Vietnam trade with India year to date US$m

AprilMarchMoMYTD
Imports815.70722.1212.96%2,706.34
Exports966.291,125.36-14.13%3,926.40
Total1,782.001,847.48-3.54%6,632.73
Balance150.59403.24-62.65%1,220.06
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