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Vietnam’s exports to India decline in October

Vietnam’s exports to India totalled US$713.24 million in October, a decline of 10.90 percent compared to September, according to Vietnam’s General Department of Customs.

Telephones and mobile phones were the top export item, rising by 3.29 percent to US$118.78 million. Computers, electrical products, and spare parts also grew by 6.81 percent, contributing US$114.55 million. Machine, equipment, tools, and instruments surged by 25.59 percent to US$110.21 million.

In contrast, significant declines were recorded in other base metals and iron and steel, which fell by 30.75 percent and 62.63 percent, respectively, to US$47.99 million and US$50.71 million. Chemicals experienced a sharp drop of 55.85 percent to US$13.3 million, and rubber exports decreased by 38.86 percent to US$12.42 million.

On the positive side, exports of other means of transportation and parts rose by 19.64 percent to US$17.12 million. Wood and wooden products grew by 27.07 percent to US$25.1 million, while textiles and garments increased by 15.78 percent to US$16.17 million.

Despite overall declines, some sectors showed resilience, indicating potential areas for Vietnam to expand trade with India in the coming months.

See also: Vietnam Trade: Everything You Need to Know

Vietnam exports to India, October vs. September 2024, US$

Vietnam exports to IndiaOctoberSeptemberMoMYTD
Total713,238,144800,490,250-10.90%7,764,103,839
Data Error-6,365,362-4,942,66228.78%-45,825,467
Telephones, mobile phones and parts thereof118,777,330114,998,4273.29%1,536,098,147
Computers, electrical products, spare-parts and114,550,329107,246,8176.81%1,299,237,383
Other products94,766,03598,058,483-3.36%977,026,681
Machine, equipment, tools and instruments110,205,57487,749,38425.59%793,034,948
Other base metals and other base metal products47,986,14869,298,752-30.75%635,697,789
Iron and steel50,707,289135,678,131-62.63%615,294,579
Chemicals13,300,81430,123,834-55.85%265,871,454
Rubber12,420,56020,314,963-38.86%195,118,300
Other means of transportation, parts and17,122,36014,311,67719.64%173,755,961
Plastic products17,667,77424,591,342-28.15%149,563,169
Textiles and garments16,167,61613,963,86615.78%145,302,127
Wood and wooden products25,104,65419,756,52127.07%140,282,469
Textile, leather and foot-wear materials and16,374,97313,809,80918.57%139,727,233
Plastics7,683,9476,212,32523.69%121,648,961
Foot-wears1,076,77138,0872727.14%115,630,268
Chemical products14,965,84611,544,75129.63%115,214,389
Iron and steel products12,871,99412,703,1531.33%96,111,613
Yarn6,894,0054,887,70241.05%52,999,096
Pepper818,9951,943,815-57.87%44,029,035
Coffee292,263543,664-46.24%38,430,898
Bamboo and rattan products3,279,1592,470,84132.71%31,238,450
Cashew nut3,347,2274,352,149-23.09%25,314,356
Animal fodders and animal fodder materials2,248,9591,663,70835.18%16,947,714
Rubber products1,573,0641,458,6757.84%15,348,744
Ceramic products1,946,0721,459,81933.31%14,056,989
Fishery products1,767,0791,543,61114.48%13,267,784
Bamboo and rattan products1,080,2111,505,639-28.26%11,860,777
Pepper1,809,011883,432104.77%11,130,160
Textile, leather and foot-wear materials and1,530,0681,093,77039.89%8,777,541
Ceramic products524,531388,23035.11%6,394,461
Tea473,464654,631-27.67%3,092,390
Pastrycooks, sweets and cereals products269,384182,90447.28%2,369,252
Coal00056,188
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