11 Trending Products to Import from Vietnam

Are you looking to import from Vietnam but are scratching your head for what kinds of products are made there? Vietnam has massive, fast growing industrial base producing a whopping variety of goods, though dwarf in size when compared with the northern neighbor China.

Here’re 11 kinds of popular products that can give your business more competitive edges while sourcing from Vietnam.

11 Trending Products to Import from Vietnam

Electronics

The country’s top export item, surprisingly electronics are overtaking the export of textile, footwear and coffee in Vietnam. Samsung is the country’s biggest exporter of smart phones, accounting for 28% of Vietnam’s GDP. Apart from the notable brand, some other electronic giants like Foxconn, LG, HP, Canon and many more have manufacturing operations across the country. With a pool of skilled labor force and improving ecosystem of supply chain, Vietnam is capable of manufacturing a significant variety of electronics, ranging from smart phones to cameras, televisions, integrated circuits and many more.

Garment and Textiles

The top three producer and exporter of garments and textiles in the world, the annual turnover of garment and textiles in Vietnam in 2018 reaches more than US$30.4 billion dollars, 16.6% increase from 2017 with increasing incentives like US-China trade war, the moving of orders from China to Vietnam, pouring of foreign investments and the country’s ambitious free trade agreements, the first four months of 2019 has witnessed a turnover of US$9.4 billion from exporting garment and textiles, according to Xinhua news. Many key players in fashion industry like H&M, Uniql, North Face have their production bases in Vietnam. Next time when you buy a clothing item from any of these brands, check the tags, and chances are high it’s made in Vietnam.

Footwear

According to Vietnam Leather, Footwear and Handbag Association, the turnover of Vietnam’s footwear export reaches US$16.24 billion in 2018, a 10.5% increase while compared with 2017. In 2019, the country continues to step up in footwear export with many orders relocated from China. The shoes manufactured in Vietnam are not limited to styles, from high end dress shoes to daily flip flops, the country produces shoes for every budget. Iconic shoes brands like Nike, Adidas and other brands also have manufacturing presences in Vietnam.

Electrical Machinery

The fastest growing category, the overall export value of electrical machinery and equipment is accounts for 37.6% of Vietnam’s global exports in 2017. The export turnover has increased drastically from US$2 billion to US$ 11 billion from 2013 to 2018, a five year increase of about 463%.

Furniture

The second largest manufacture of furniture in the world second only to China, the furniture manufacturing industry in Vietnam is quite diverse, ranging from premium quality custom made furniture to ordinary ones sold in flea markets. Wooden furniture that is well made at affordable rates is a popular import from Vietnam. Leading brands like IKEA, West Elm and many others also have manufacturing presences in Vietnam.

Building Materials

According to the General Department of Vietnam Customs, the country exported US$ 1.67 billion worth of construction materials to 120 countries and territories in 2017. It has grown at 8-12 percents in the past three years, and it’s expected to maintain stable growth the following year. The types of building materials can be found in Vietnam range from screws, fasteners, boles to cement, steel supports, etc.

Iron and Steel

The largest consumer and manufacturer of steel and iron in Southeast Asia, Vietnam’s iron and steel is growing at a skyrocketed rate of more than 20% year after year for nearly a decade now. In addition to having a capacity to produce more than 16 million tons of steel and 5 million tons of iron each year, Vietnam is also one of the largest importers of scrap metals, which are later recycled into finished goods.

Plastic and Rubber Goods

Vietnam’s export value of rubber and plastic goods reaches more than US$5 billion per year. If you’re sourcing products made of plastic or rubber, Vietnam is a great choice as you can easily find a whopping number of manufactures specializing in rubber or plastic consumer goods using methods like plastic injection, plastic extrusion, plastic welding or rubber molding, calendaring, latex dipping, etc.

Packaging

One of the leading manufacturers in packaging materials, Vietnam produces an extensive range of packaging materials ranging from plastic packaging to cardboard boxes, soda cans, etc, included but not limited to labeling industries, food and beverages, cosmetics, footwear, pharmaceutical, etc. ProPak Vietnam, the largest industrial trade fair specializing in packaging products in the world and held every March in Ho Chi Minh, is the ultimate destination for all your packaging needs.

Coffee

According to Vietnam News, the export value of coffee in 2018 reaches over 1.8 million tons, worth US$3.54 billion, an increase of 20% compared with last year. The largest exporter of robusta and the second largest exporter of coffee beans in the world, the country houses innumerable coffee processing plants of various scales catering to any needs.

Seafood

The third largest exporter of seafood in the world following Norway and China, Vietnam’s coastline of over 2,000 meters stretching from north to south is the perfect nurturing ground for a diversity of seafood. Besides, Vietnam’s also home to a whopping number of Aquaculture farms that are both built inland and in the ocean.