Top 3 countries of EU that import from Vietnam most

Top 3 countries of EU that import from Vietnam most

The entry into force of the EVFTA promoted trade between Vietnam and EU. Trade relations between Vietnam – EU have developed very quickly and effectively; two-way turnover increased more than 12 times from 4.1 billion USD in 2000 to nearly 50 billion USD in 2021; in which Vietnam’s exports to the EU increased by nearly 13 times from 2.8 billion USD to 35.1 billion USD in 2020. In 2021, Vietnam continues to be a surplus exporter to the EU market with a trade surplus of 29,307, 1 million USD. Vietnam export to many markets in EU, but three countries that Vietnam export most are Netherlands, Germany, France.

  1. Netherlands

Two-way trade turnover between Vietnam and the Netherlands still increased by 1.5% compared to 2019, to $ 7.7 billion thanks to a breakthrough in the period from August 2020 – the time after the EVFTA took effect.

  1. Main good that export to Netherlands

Vietnam’s exports to the Netherlands market are mostly products of the processing industry group. The main export items of Vietnam to the Netherlands include computers, electronic products and components; spare parts machinery and equipment; phones and accessories, shoes, textiles, cashew nuts; bags, wallets, suitcases, hats, umbrellas, umbrellas… Besides, the Netherlands is the largest export market for Vietnam’s cashew nuts, vegetables and seafood

  1. Main routes

In Netherland, there are some big port such as: Rotterdam, Amsterdam, … Rotterdam is the largest port in Europe and the largest port outside of East Asia.

Transit time for delivery cargo from Vietnam to Netherland:

  • From Haiphong to Rotterdam: 25-45 days
  • From Hochiminh to Rotterdam: 23-40 days
  • From Haiphong to Amsterdam: 25 – 45 days
  • From Hochiminh to Amsterdam: 26 – 40 days
  1. Germany

The total two-way trade turnover between Vietnam and Germany in 2021 will reach over 11.13 billion USD, of which, exports to Germany will be over 7.25 billion USD, up 9.1% compared to 2020

  1. Main good that export to Germany

According to data of Trade map ITC in 2021, there are some main export items such as: fresh and processed vegetables (23.1 billion USD), tea – coffee – spices (4 billion USD), processed seafood (1.65 billion USD), honey (274 million USD, …In addition, machinery, electrical and mechanical equipment, shoes, clothing, leather goods, coffee, fruit, and furniture are also the main export items of Vietnam to Germany.

  1. Main routes

Germany famous for some big ports: Berlin, Bremen, Frankfurt, Bremerhaven, Hamburg, …SM Global provide service to all routes from Vietnam to Germany. You can see the transit time for some hot lanes as below:

  • Hochiminh/ Haiphong –Berlin: 33 – 36 days
  • Hochiminh/ Haiphong –Bremen: 30 – 32 days
  • Hochiminh/ Haiphong –Frankfurt: 33 – 35 days
  • Hochiminh/ Haiphong –Bremerhaven: 33 – 35 days
  • Hochiminh/ Haiphong –Hamburg: 26 – 28 days

 

  1. France

Vietnam exports to France about 3.2 billion USD. In the first 4 months of 2022, export turnover to France recorded an increase of 10.3% over the same period in 2021, reaching 1.1 billion USD. This is the 3rd market that Vietnam export goods most.

  1. Main good

Vietnam’s goods exported to France are relatively rich and diverse, including: footwear; textile; Houseware; agricultural, forestry and fishery products; precious stones, jewelry; electrical and electronic appliances; mechanical items; ceramics of all kinds; rubber; coal; toys, sports and entertainment products; plastic product; bamboo and rattan products… It is forecast that the import demand for essential consumer goods and household appliances in France will continue to increase

  1. Main route

To delivery cargo from Vietnam to France, you can choose some main ports such as: Le Havre (FRLEH) ; Bordeaux (FRBOD); Fos sur mer (FRFOS); Marseille (FRMRS)

Transit time for some routes for your reference:

  • Hochiminh/ Haiphong –Le Havre: 25 – 60 days
  • Hochiminh/ Haiphong –Bordeaux: 30 – 42 days
  • Hochiminh/ Haiphong –Fos sur mer: 33 – 50 days

Hochiminh/ Haiphong –Marseille: 26 – 35 days

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