Why It is a tough task to export goods from Vietnam

 Vietnam's economy has remained resilient even as the global epidemic continues to impede The international trade market.

While the rest of the World tried to stop the spread of COVID-19 in 2020, the economy saw a huge boost thanks to a 23.8 percent increase in goods exports.

Additionally, new trade agreements like the Regional Comprehensive Economic Partnership and the EU-Vietnam Free Trade Agreement assist Vietnam and keep Vietnamese enterprises competitive in the international trade market.

According To Our Vietnam Export Data, In between the global pandemic, Vietnam's economy really experienced one of the highest growth rates in the world in 2020, growing by 2.9 percent.

Due to government assistance and the swift response of the nation to COVID-19, businesses in Vietnam are expected to help the nation, even more, last year, and growth is anticipated to reach 6.5 percent in 2021. But still, there are many challenges exporters have to face while exporting goods from Vietnam.

So, if you're a foreign company wishing to enter this booming market, get ready to know why it is tough to export goods from Vietnam

Rules You should know while exporting goods from Vietnam



Exports of goods From Vietnam are subjected to different standards to clear Customs, including inspection, quality control, conformity with specifications, and verification of the quantity and volume, among others. exports are required to meet the respective regulations regarding quarantine, food safety, quality standards, and regulations, and are required to be checked by the competent and relevant agencies prior to customs clearance.

It is clearly mentioned in the guidelines that at least 5 days prior to the arrival of goods at a port or border gate, Importers should register with relevant inspection agencies to undergo hygiene and safety checks.

Custom taxes and export regulation

Almost all goods you export from the country will be subject to Charge export taxes, however, the exact amount will vary depending on what you are Exporting. This range goes from 0% to 10%. For some products, like Medical equipment, Special Consumption Taxes might also be added.

So the custom taxes vary according to the exported products. It mainly depends upon the products that the normal charges are going to implement or the special charges are implemented on the product.

Trading company license

A foreign investor must have to register with the Department of Planning and Investment to begin trading in the import-export sector and receive an Investment Certificate in order to export goods from Vietnam. Vietnam does not require a manufacturer to have an import or export license in order to establish a trading company in Vietnam.

Top 5 Export Products Of Vietnam

The United States of America is the top export trading partner of Vietnam with a total export trade value of $97.40 Billion US Dollars in the year 2021. And the top 5 exports are as follows -

In the below table we mentioned the HS Code, product name, total trade value, Total Percentage -


S no HS Code Products Description Total Export Value (Billion USD) Share of Total Exports
1 85171200 Telephones For Cellular Networks 34.70 8.4%
2 85177021 Transmission parts, portable receivers 32.63 7.9%
3 85423100 Electronic integrated circuits: Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits 13.53 3.28%
4 72072029 Semi-finished iron non-alloy steel 8.74 2.12%
5 85176259 Other transmission apparatus incorporating reception 7.65 1.85%

Conclusion - so we are concluding this blog while addressing this statement that “exporting goods from Vietnam is a quite tough task” but if you know all the regulation and have all the certificates then we can say that exporting from Vietnam is easy for you. If you still have any queries then feel free to mail us at info@eximtradedata.com, call us at tel:+91-9625812393, or visit our official website Exim Trade Data

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