{"id":3787,"date":"2016-09-21T15:07:08","date_gmt":"2016-09-21T08:07:08","guid":{"rendered":"http:\/\/bestcargo.vn\/?p=3787"},"modified":"2021-02-03T02:46:41","modified_gmt":"2021-02-02T19:46:41","slug":"trade-between-vietnam-and-india-2014-2015-and-2016","status":"publish","type":"post","link":"https:\/\/bestcargo.vn\/en\/trade-between-vietnam-and-india-2014-2015-and-2016.html","title":{"rendered":"Trade between Vietnam and India: 2014, 2015 and 2016"},"content":{"rendered":"

Bilateral merchandise trade Relations between Vietnam – India has been having increasingly better developments in quality and quantity, especially since 2010, the Agreement on Trade in Goods of ASEAN – India (AITIG ) began to take effect.<\/p>\n

Our statistics show that in the period 2010 – 2014, bilateral trade turnover between the two countries continued to achieve positive growth, up from USD 2.75 billion in 2010 to $ 2-fold increase 5.62 billion by 2014.<\/p>\n

Entering 2015, the trade turnover between the two countries reached $ 5.1 billion, down 8.8% from a year earlier mainly due to Vietnam\u2019s reduction in importing commodities such as: Seafood; ball; materials for the textile, garment, leather and footwear; animal feed and raw materials, …<\/p>\n

\"Chart
Chart 1: Statistics of export turnover, imports and trade balance between Vietnam and India in 2010-2015 and 7 month \/ 2016<\/figcaption><\/figure>\n

\u00a0For years, the trade in goods between the two countries are always unbalanced in favor of the deficit with Vietnam. But by 2015, the deficit was narrowed to 184 million level. Specific data as shown in Chart 1.<\/p>\n

The statistics in Table 1 below recorded in 2015, India was No. 17 merchandise export market of Vietnam’s, while in stark contrast, it is the No.11 import market of Vietnam. Thus, overall in 2015, India is the 15th<\/sup> \u00a0largest trade partner of Vietnam.<\/p>\n

Table 1: Density and ranking of exports, import and export turnover of Vietnam – India in 2014, 2015 and 7 May \/ 2016<\/p>\n\n\n\n\n\n\n
<\/td>\n2014<\/td>\n2015<\/td>\n2016<\/td>\n<\/tr>\n
<\/td>\nExport<\/td>\nImport<\/td>\nExport and import<\/td>\nExport<\/td>\nImport<\/td>\nExport and import<\/td>\nExport<\/td>\nImport<\/td>\nExport and import<\/td>\n<\/tr>\n
Proportion in export and im port turnover<\/td>\n1.7<\/td>\n2.1<\/td>\n1.9<\/td>\n1.5<\/td>\n1.6<\/td>\n1.6<\/td>\n1.6<\/td>\n1.6<\/td>\n1.6<\/td>\n<\/tr>\n
Position<\/td>\n18<\/td>\n9<\/td>\n12<\/td>\n17<\/td>\n11<\/td>\n15<\/td>\n15<\/td>\n10<\/td>\n14<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

India’s position in the import-export activities of goods of Vietnam are increasingly being confirmed as the rankings in the May 7, 2016 has been improved. India is specifically markets 15th largest export source and 10th largest imports source of Vietnam. As a whole in the May 7, 2016, India\u2019s rank was 14th<\/sup>.<\/p>\n

The latest statistics show that, by the end of the month 7\/2016, total two-way trade turnover between Vietnam – India reached USD 2.97 billion, a slight decrease of 1.9% compared to the same period in 2015. Of these, the total value of goods Vietnam imported from India is close to 1.47 billion dollars, down 6.8% and exports to this market is $ 1.5 billion, an increase of 3.4% compared to 7 months \/ 2015.<\/p>\n

In the 7 months in 2016, Vietnam\u2019s main exporting items to the Indian market were computers, electronic products, telephones and components; machinery, equipment, tools and accessories; chemistry,\u2026<\/p>\n

\"
Chart 2: Statistics exports 10 major commodity groups exported by Vietnam to India in the 7 month \/ 2016 compared with 7 month \/ 2015<\/figcaption><\/figure>\n

Meanwhile, the main import commodities that Vietnam imports from this market are: Machinery and equipment, instruments and accessories; medicine; Seafood; ball; textile raw materials; …<\/p>\n

\"Chart
Chart 3: Statistics imports 10 major commodity groups of Vietnam imports from Chart 3: Statistics imports 10 major commodity groups of Vietnam imports from India in the 7 month \/ 2016 compared with 7 month \/ 2015.<\/figcaption><\/figure>\n

By Bestcargo<\/a>, Indochinapost<\/a>, Superthon<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bilateral merchandise trade Relations between Vietnam – India has been having increasingly better developments in quality and quantity, especially since 2010, the Agreement on Trade in Goods of ASEAN – India (AITIG ) began to take effect. Our statistics show that in the period 2010 – 2014, bilateral trade turnover between the two countries continued […]\n","protected":false},"author":1,"featured_media":3784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[353],"tags":[432],"class_list":["post-3787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-vietnam-and-india"],"acf":[],"yoast_head":"\nTrade between Vietnam and India: 2014, 2015 and 2016 - Best Cargo Logistics, Express Delivery In Vietnam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bestcargo.vn\/en\/trade-between-vietnam-and-india-2014-2015-and-2016.html\" \/>\n<meta property=\"og:locale\" content=\"vi_VN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trade between Vietnam and India: 2014, 2015 and 2016\" \/>\n<meta property=\"og:description\" content=\"Bilateral merchandise trade Relations between Vietnam – India has been having increasingly better developments in quality and quantity, especially since 2010, the Agreement on Trade in Goods of ASEAN – India (AITIG ) began to take effect. Our statistics show that in the period 2010 – 2014, bilateral trade turnover between the two countries continued [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bestcargo.vn\/en\/trade-between-vietnam-and-india-2014-2015-and-2016.html\" \/>\n<meta property=\"og:site_name\" content=\"Best Cargo Logistics, Express Delivery In Vietnam\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-21T08:07:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-02T19:46:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bestcargo.vn\/en\/wp-content\/uploads\/2016\/09\/bieu1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"471\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u0110\u01b0\u1ee3c vi\u1ebft b\u1edfi\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u01af\u1edbc t\u00ednh th\u1eddi gian \u0111\u1ecdc\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 ph\u00fat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/bestcargo.vn\\\/en\\\/trade-between-vietnam-and-india-2014-2015-and-2016.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bestcargo.vn\\\/en\\\/trade-between-vietnam-and-india-2014-2015-and-2016.html\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/bestcargo.vn\\\/en\\\/#\\\/schema\\\/person\\\/0eea1c1b6c94899eecb63d389c08ac91\"},\"headline\":\"Trade between Vietnam and India: 2014, 2015 and 2016\",\"datePublished\":\"2016-09-21T08:07:08+00:00\",\"dateModified\":\"2021-02-02T19:46:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/bestcargo.vn\\\/en\\\/trade-between-vietnam-and-india-2014-2015-and-2016.html\"},\"wordCount\":475,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/bestcargo.vn\\\/en\\\/trade-between-vietnam-and-india-2014-2015-and-2016.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/bestcargo.vn\\\/en\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/bieu1.png\",\"keywords\":[\"Vietnam and India\"],\"articleSection\":[\"News\"],\"inLanguage\":\"vi\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/bestcargo.vn\\\/en\\\/trade-between-vietnam-and-india-2014-2015-and-2016.html#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/bestcargo.vn\\\/en\\\/trade-between-vietnam-and-india-2014-2015-and-2016.html\",\"url\":\"https:\\\/\\\/bestcargo.vn\\\/en\\\/trade-between-vietnam-and-india-2014-2015-and-2016.html\",\"name\":\"Trade between Vietnam and India: 2014, 2015 and 2016 - 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