In 2021, overcoming difficulties caused by the COVID-19 epidemic, exports had a spectacular breakthrough, increasing by over 19% (exceeding 15% of the plan), maintaining a trade surplus for the 6th consecutive year with a balance over 4 billion USD.

The structure of export goods continued to improve positively. Vietnamese goods are more and more popular in global production and supply chains. Vietnam has had a trade surplus mainly in developed countries’ markets, with strict quality requirements for imported goods such as the United States (over 80 billion USD in trade surplus); EU (export surplus of over 28 billion USD).

So what are the main export products of Vietnam?

1. Electronic good

In 2021, Vietnam’s exports of electronics, computers and components ranked second in eight commodity groups with a turnover of over 10 billion USD.

Exporting electronic components products are also very diverse, including: phone components, computers, household electrical appliances, capacitors electricity, inductors, resistors, equipment in production machinery,…

As can be see one of good location for factory, Vietnam gets many world famous brands such as: LG, Samsung, Foxconn, Nidec Sankyo, Caristech, DEAWOO, Intel,… Therefore, the amount of commodity that export from Vietnam is more and more increase each year.

EU, US, China is 3 top biggest markets that import electronic goods from Vietnam. US is the biggest market of Vietnam. Exporting of electronics, computers and components to the US increased sharply by 17.2%, reaching nearly 3 billion USD

2. Garment

Vietnam is only behind China and surpasses Bangladesh in global apparel sales. Garment products “made in Vietnam” account for 6.4% of the world market share

Vietnam’s export garment products are very diverse, from common products, used every day such as pants, children’s clothing, underwear, shorts ,…  to more advanced products such as Jackets, Vest clothes. Vietnam’s garment has always been famous for many domestic brands such as: Viet Tien, Nha Be,  HANOSIMEX ,… with investment and focus on development, the brands gradually improve their professionalism, reach out to the international level and become the source of the apparel industry of many famous fashion brands such as HM,  Zara, Uniqlo,…… Besides, with the recent strong investment attraction, the garment industry is also chosen and invested by foreign enterprises, so it is more developed.

About main market that import garment from Vietnam. In 2020, the US is still the biggest market of Vietnam’s textile and garment exports, reaching nearly 14 billion USD; accounting for 47% of the total export turnover of textiles and garments of the country. Export to EU ranked second in turnover, reaching 3.6 billion USD; accounted for 12%, Next is Japan with more than 3.5 billion USD; accounting for 12%

3. Seafood

With the advantage of a long coastline and a dense river network, Vietnam not only develops logistics but also develops the aquaculture industry. The export of seafood is accordingly also emphasized and enhanced. Through many enhancements and model changes, the quality of Vietnamese seafood has been improved to meet the requirements of many fastidious markets. The main seafood export products of Vietnam are still shrimp, pangasius, marine fish, molluscs, frozen seafood and dried seafood. The structure of our country’s export products is increasingly adding valuable products such as tuna, clams and some other specialties

With the advantage of a long coastline and a dense river network, Vietnam not only develops logistics but also develops the aquaculture industry. The export of seafood is accordingly also emphasized and enhanced. Through many enhancements and model changes, the quality of Vietnamese seafood has been improved to meet the requirements of many fastidious markets. major export companies such as Camimex, Minh Phu, Phuong Nam, Vinh Hoan,…

The US is still the largest consumer of Vietnam, with over 2 billion USD, accounting for 23% of Vietnam’s total seafood export turnover. Japan ranked second with more than 1.3 billion USD. China and South Korea are Vietnam’s third and fourth largest markets, respectively, with an export value of $978 and $809 million.

4. Footwear

In 2021, the estimated value of footwear exports from Vietnam was 17.61 billion U.S. dollars. This reflected an increase compared to the previous year, marking a recovery from Vietnam’s first decline in textile and garment exports in 25 years due to the impact of the COVID-19 pandemic. Vietnam’s footwear imports and exports are very diverse, from common products, used every day to high quality leather shoes.

Vietnam has many famous footwear brands, for example Vinagiay, Bitis, Vinh Long footwear, … These factories are concentrated in Ho Chi Minh City, Vinh Long, Dong Nai,… Besides, some big brands are also planning to move factories from China to Vietnam such as Nike, Adidas, … that contributing to increasing the demand for exporting this item. Footwear is exported to 100 countries, of which 5 main markets are: USA, EU, China, Japan, Korea.

5. SM Global- our strength is export service from Vietnam to US

We had experience in handling US shipment, and US shipment accounting for around 70% total volume cargo ( data 2021), with a big volume, we got competitive ocean freight and other service also.

• The main commodity: furniture, general goods, sea food, footwear, truck tire, garment, …
• Volume per month: From 50- 70 containers ( 20 DC & 40HC )
• Port of loading: Ho Chi Minh port, Hai Phong port, Da Nang Port, Qui Nhon port
• Port of discharge: Los Angeles, Seattle, Tacoma, Oakland, Houston, Chicago, New York, Dallas,…