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How dependent is Vietnam on India?

In 2024, India sold $5.5 billion to Vietnam, 1.5% of its imports, ranking 12th among its suppliers. Its share was 1.9% in 2019 and 1.5% in 1995. In 21 products it sells more than 50% of what Vietnam buys of them (in 5, more than 75%); what Vietnam buys from India in those products (dominated value) adds up to $1.2 billion, 0.32% of its imports.

Summary

Share of its imports
1.5%
Value imported
$5.5billion
Rank among its suppliers
12th
Products where it sells over 50%
21
Products where it sells over 75%
5
Dominated value
$1.2billion
Share of total imports
0.3%

Trend

Trend in shares

India went from 1.5% to 1.5% of what Vietnam buys

Share (%)

  • India 1.5%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19951241.5%12
19961181.2%16
19971231.1%16
19981201.2%15
19991551.5%15
20002361.3%15
20012871.6%15
20023731.7%14
20035151.9%13
20046671.9%15
20057221.8%14
20069952%14
20071,5482.3%12
20082,1852.6%10
20091,8952.5%10
20102,3462.5%10
20112,7412.4%10
20123,1622.6%10
20133,7522.7%9
20144,0632.6%10
20153,5142%10
20163,8742.1%10
20175,1622.3%9
20185,1572.1%10
20194,8821.9%11
20204,6761.8%10
20216,9072.1%10
20227,0572%10
20236,1161.9%11
20245,4761.5%12

Products where India sells more than half

ProductSupplierShareSecondValue
Frozen beefIndia70.2%Australia · 14.2%$595 million
Crustaceans (shrimp, lobster, crab)India51.1%Australia · 9.1%$241 million
PeanutsIndia69.5%China · 13.7%$125 million
Carded or combed cottonIndia68.1%Indonesia · 19.4%$54 million
StarchesIndia58%Germany · 9.2%$37 million
Cotton wasteIndia68.8%Turkey · 18.2%$37 million
Prepared human hairIndia73.7%China · 19.7%$36 million
Other organic compoundsIndia73.3%United States · 11.7%$15 million
Feldspar and fluorsparIndia70.4%Pakistan · 9.8%$12 million
Shelled eggs and egg yolksIndia84%over 75%United States · 11.6%$8 million
Prepared explosivesIndia67.5%United States · 32.1%$6 million
Peanut oilIndia99.7%over 75%Malaysia · 0.2%$5 million
Granite and building stoneIndia56.6%Norway · 12.9%$4 million
Self-propelled trains and tramsIndia99.6%over 75%China · 0.43%$3 million
Slag and ash with metalsIndia67.5%Japan · 19.7%$3 million
Potato flour and flakesIndia66.4%Denmark · 17.8%$2 million
ParachutesIndia85.9%over 75%South Korea · 5.4%$2 million
Cereal groats and pelletsIndia73%South Korea · 10.8%$1 million
Peanut mealIndia100%over 75%—$1 million
Coir, abaca and ramieIndia62.4%Brazil · 15.4%$991 thousand
Ivory, tortoiseshell, horns and antlers, unworkedIndia50.9%Hong Kong · 30.8%$839 thousand

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from India

Vietnam is India’s 26th-largest customer, with 1.2% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.