India / Vietnam

Overview In February 2024, India exported $494M and imported $715M from Vietnam, resulting in a negative trade balance of $221M. Between February 2023 and February 2024 the exports of India have decreased by $-47.8M (-8.82%) from $542M to $494M, while imports increased by $19.5M (2.81%) from $696M to $715M.

Trade In February 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 February 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 February 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 February 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%).