Topic: bilateral trade

Bilateral trade turnover between the two countries reached approximately $81.5 billion in 2024, reflecting a 7.3% increase compared to 2023.

Efforts urged to improve market access for goods from both sides, including agricultural products, seafood, dairy products, transportation vehicles, agricultural machinery, and equipment.

Vietnam's exports to the Singaporean market in the first two months of this year reached over SGD1.54 billion ($1.15 billion), a 23.21% increase compared to the same period last year.

Vietnam-US bilateral trade turnover reached nearly $150 billion in 2024.

Among Canada’s top 10 trading partners, Vietnam remains its 7th largest import partner.

Vietnam currently ranks 15th out of Singapore's 20 largest import partners and is Singapore's 8th largest export market.

In 2024, trade between Vietnam and the UK reached $8.4 billion, an increase of 18% compared to 2023.

Two-way trade turnover reaching $2 bln in 2024.

Two-way trade turnover hitting over $3.2 bln in 2024.

From 2021 to 2024, Vietnam's trade deficit has narrowed significantly due to higher export growth compared to import growth, particularly in 2023 and 2024.