Bilateral trade between Vietnam and India reached a record high of nearly $16.46 billion in 2025, representing a year-on-year increase of 10.5%, according to a report from the Vietnam News Agency.
Of the total, Vietnam’s exports to India amounted to $10.3 billion, up 14.2%, while imports stood at $6.1 billion, rising 4.9%.
Phones and components continued to lead export growth, generating $2.1 billion, up 27% year-on-year and accounting for 20.7% of the total shipments. They were followed by computers, electronic products and components, which earned $1.7 billion, up 15.8% and making up 16.8%, and machinery, equipment, tools and spare parts, which reached $1.05 billion, up 11.3% and representing 10.2%.
Strong export gains were also recorded in animal feed and feed ingredients (up 97%), pepper (up 54%), plastic products (up 53%), tea (up 27.5%), and aquatic products (up 26%).
On the import side, Vietnam’s purchases from India totalled $6.1 billion in 2025, accounting for 1.75% of the country’s total imports. As a result, Vietnam posted a trade surplus of $4.23 billion with India, up 31% from the previous year.
In terms of investment, the Foreign Investment Agency under the Ministry of Finance reported that India currently has 378 valid projects in Vietnam, with total registered capital exceeding $1 billion. Major investment areas include energy, mineral processing, agro-processing, information technology, automotive components, pharmaceuticals, hospitality, and infrastructure.
Google translate