India / Vietnam

Overview In August 2024, India exported $434M and imported $1.08B from Vietnam, resulting in a negative trade balance of $647M. Between August 2023 and August 2024 the exports of India have decreased by $-14.9M (-3.32%) from $449M to $434M, while imports increased by $221M (25.6%) from $861M to $1.08B.

Trade In August 2024, the top exports of India to Vietnam were Buffalo Meat ($51.5M), Other Cereals ($47.8M), Marine Products ($39.3M), Iron And Steel ($35.2M), and Oil Meals ($34.8M). In August 2024 the top imports of India from Vietnam were Iron And Steel ($95.6M), Telecom Instruments ($92.9M), Consumer Electronics ($87.6M), Copper And Prdcts Made Of Copr ($65M), and Computer Hardware, Peripherals ($37.1M).

Growth In August 2024, the decrease in India's year-by-year exports to Vietnam was explained primarily by an decrease in product exports in Cotton Raw Incld. Waste ($-33.4M or -78.5%), Iron And Steel ($-19.4M or -35.5%), and Cotton Yarn ($-16.6M or -70%). In August 2024, the increase in India's year-by-year imports  from Vietnam was explained primarily by an increase in product imports  in Iron And Steel ($82.6M or 635%), Electronics Components ($14.6M or 108%), and Telecom Instruments ($13.5M or 16.9%).