Summary
- India → Vietnam
- $5.5billion
- Vietnam → India
- $10.6billion
- India’s balance
- -$5.2billion
Balance
India’s trade balance with Vietnam
Trade between India and Vietnam grew 115.7-fold since 1995
USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 5.5
- Imports 10.6
- Balance -5.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $124 million | $15 million | $109 million |
| 1996 | $118 million | $2 million | $116 million |
| 1997 | $123 million | $9 million | $115 million |
| 1998 | $120 million | $9 million | $111 million |
| 1999 | $155 million | $12 million | $144 million |
| 2000 | $236 million | $46 million | $190 million |
| 2001 | $287 million | $44 million | $244 million |
| 2002 | $373 million | $51 million | $322 million |
| 2003 | $515 million | $40 million | $475 million |
| 2004 | $667 million | $86 million | $580 million |
| 2005 | $722 million | $152 million | $570 million |
| 2006 | $995 million | $190 million | $804 million |
| 2007 | $1.5 billion | $208 million | $1.3 billion |
| 2008 | $2.2 billion | $467 million | $1.7 billion |
| 2009 | $1.9 billion | $501 million | $1.4 billion |
| 2010 | $2.3 billion | $1.1 billion | $1.3 billion |
| 2011 | $2.7 billion | $1.6 billion | $1.2 billion |
| 2012 | $3.2 billion | $2 billion | $1.2 billion |
| 2013 | $3.8 billion | $2.8 billion | $972 million |
| 2014 | $4.1 billion | $2.9 billion | $1.2 billion |
| 2015 | $3.5 billion | $2.8 billion | $742 million |
| 2016 | $3.9 billion | $3.2 billion | $636 million |
| 2017 | $5.2 billion | $4.6 billion | $579 million |
| 2018 | $5.2 billion | $7.4 billion | -$2.2 billion |
| 2019 | $4.9 billion | $7.5 billion | -$2.6 billion |
| 2020 | $4.7 billion | $5.7 billion | -$981 million |
| 2021 | $6.9 billion | $7 billion | -$102 million |
| 2022 | $7.1 billion | $8.6 billion | -$1.5 billion |
| 2023 | $6.1 billion | $9.7 billion | -$3.5 billion |
| 2024 | $5.5 billion | $10.6 billion | -$5.2 billion |
What they sell each other
What India sells to Vietnam
The top 10 headings in 2024, with their share of the total.
What Vietnam sells to India
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Nhava Sheva (Mumbai) and Phu My is 3,145 nautical miles (5,824 km) long: ≈ 7.5–9.5 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Malacca and Singapore.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Vietnam was India’s 19th largest trading partner (1% of its trade), and India was Vietnam’s 11th (2%).
- Vietnam in India’s trade
- 1.4%
- Vietnam’s rank among India’s partners
- 19th
- India in Vietnam’s trade
- 1.8%
- India’s rank among Vietnam’s partners
- 11th
Compare with
Other partners of India
Other partners of Vietnam
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.